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122 N Gilbert St
Danville, IL 61832
Retail Property For Sale
Investment Highlights
- Signaled Intersection
- Expandable
- Prime Location
- Door Front Parking
- High Traffic and Visibility
Executive Summary
The subject property is a 4,208 SF free-standing retail building. The building sits on an approx. 16,368 SF lot and the site has the potential to expand to 55,000 SF with the acquisition of the adjacent 39,000 SF parcel. The owner currently occupies the building but will vacate upon the sale of the property. The current occupant business is a computer repair shop and most of the furniture (retail racks, purchase desk, other furniture) will be available for negotiation into the sale price of the property. Building is in good condition with parking available on the north and west side of the building.
Excellent high traffic location, on signaled intersection, along ST. RTE 1 in Danville. This retail/business corridor is a prime location and home to many retail businesses and professional offices. Property has high traffic with traffic counts reaching 18,500 VPD on Gilbert St.
Excellent high traffic location, on signaled intersection, along ST. RTE 1 in Danville. This retail/business corridor is a prime location and home to many retail businesses and professional offices. Property has high traffic with traffic counts reaching 18,500 VPD on Gilbert St.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
4,208 SF
Building Class
C
Price
$1,023,308 CAD
Price Per SF
$243.18 CAD
Building Height
1 Story
Building FAR
0.25
Lot Size
0.38 AC
Frontage
124’ on Gilbert St
Property Taxes
| Parcel Number | 23-08-105-044 | Improvements Assessment | $21,019 CAD |
| Land Assessment | $50,426 CAD | Total Assessment | $71,444 CAD |
Property Taxes
Parcel Number
23-08-105-044
Land Assessment
$50,426 CAD
Improvements Assessment
$21,019 CAD
Total Assessment
$71,444 CAD
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