0 Vermilion St & Newell AveDanville, IL 61832

Property Details for 0 Vermilion St & Newell Ave

Lot size

6.62 AC

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This exceptional 6.62-acre commercial land parcel presents a remarkable investment opportunity in Danville, Illinois. Located at the intersection of North Vermilion Street and Newell Avenue, this B-3 General Business zoned property boasts unparalleled visibility and accessibility. Its strategic placement ensures high traffic volume, benefiting from its proximity to major retail anchors such as Menards and Walmart. The property's prime location within the thriving Danville Crossing shopping center places it amongst established businesses including Aaron's Rent To Own, Ryan's, Burger King, #1 Habachi Grill, Fashion Bug, and Dollar Tree, creating a synergistic environment for potential development. The expansive lot size offers significant flexibility for a variety of commercial ventures, allowing for substantial building footprints and ample parking. The property's Assessed Parcel Number (APN) is 18-17-202-005. This is a rare opportunity to acquire a highly visible and well-situated retail land parcel in a bustling commercial area with strong existing tenant occupancy. The asking price for this exceptional property is $575,000. This presents a compelling investment opportunity for developers and businesses seeking a high-traffic location in a thriving market. The property's location in Vermilion County, Illinois, and its 61832 zip code, further underscores its strategic position within a densely populated and commercially active region.

Location Insight

City

Danville

County

Vermilion

State

Illinois

Latitude

40.1661

Longitude

-87.6306

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