3622 Vermilion StDanville, IL 61832

Property Details for 3622 Vermilion St

Lot size

2.24 AC

Property type

Other commercial real estate

APN

18-20-200-068

APU

1820200068

Description

This exceptional commercial property at 3622 N Vermilion Street in Danville, Illinois, presents a unique investment opportunity. Boasting a substantial 100,188 square foot lot, this property offers significant versatility. Currently configured as a former auto dealership, the existing structure includes a spacious showroom (approximately 1,400 square feet) with 12-foot ceilings and an 8-foot overhead door, ideal for various retail uses. A central office area (approximately 700 square feet) provides additional space easily adaptable to retail needs. The sizable service department (approximately 3,000 square feet) features two drive-through bays with 16-foot ceilings and 12-foot overhead doors, plus an extra bay with an 8-foot overhead door, suitable for warehouse or storage purposes. The property benefits from numerous recent updates, ample parking, and a prime location in a developing area of Danville, experiencing high daily traffic exceeding 18,000 vehicles. This property's size, existing infrastructure, and location make it an attractive proposition for a wide range of commercial ventures. The asking price is $399,000. The property's zip code is 61832.

• Alternative Use

  Use

  Valuation

  Residential

  $35,892,280

  Hospitality

  $32,877,136

  Educational

  $27,353,390

  Medical

  $28,294,116

  Retail

  $42,549,720

Location Insight

City

Danville

County

Vermilion

State

Illinois

Latitude

40.1862

Longitude

-87.6306

CBSA code

19180

CBSA name

DANVILLE, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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