Professional Office Investment

$688,000

923 North Vermilion St, Danville, IL 61832

For Sale

Office

Active

Last Updated: 04/02/2024

Details:

Cap Rate: 9%

Building Size: 4,990 sqft

Zoning: P-1 Professional Office, R-2 Single Family Medium

Parking Spots: 30

Offered by Broker

Larry Kuchefski, CCIM

Managing Broker

Commercial Devonshire Realty

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Description:

Located on N. Vermilion, just north of the busy Vermilion-Fairchild intersection. Located within a few blocks of this site are Danville High School, CVS, Hardee’s, Royal Donut, and several other professional offices and retail businesses.

This well-managed and strategically positioned commercial property, 100% leased by regional and national tenants, with additional lots that provide potential for further expansion. This is the property for investors or parties looking for stable returns and growth opportunities in the commercial real estate market.