For Sale
$175,000

125 Vermilion StDanville, IL 61832

Turn-key fitness center, 18,144 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional three-story, turn-of-the-century building located in Danville, Illinois' central business district (B4 zoning, APN 28-08-210-017) presents a unique investment opportunity. Priced at $175,000 ($9.65/sq ft), this 18,144 square foot property boasts a fully operational fitness center on the main floor, complete with all equipment and fixtures included. The main floor features impressive 16-foot ceilings and encompasses 7,000 square feet. The upper two floors offer significant potential for expansion of the existing fitness center or for separate leasing opportunities, providing substantial flexibility for future income generation. Built in 1900, the building is situated at 125 N Vermilion St, Danville, IL 61832, within the vibrant Danville retail district. This property represents a rare chance to acquire a well-established business with significant upside potential in a prime downtown location. The property's size and central location make it ideal for a variety of uses, beyond its current configuration.

Property Details for 125 Vermilion St

Property type
Retail properties, Retail space
Square Feet
18,144 SF
Year Built
1900

Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1272196
Longitude
-87.629551
125 Vermilion St, Danville, Illinois

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125 Vermilion St
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