The Heron Restaurant and ARBNB 34 N Vermilion St 11,700 SF Retail Building Danville, IL 61832 $408,548 CAD ($34.92 CAD/SF)

Positioned in the heart of downtown Danville, this expansive 11,700-square-foot restaurant offers a rare opportunity to acquire a turnkey hospitality asset in a highly visible and accessible location. Situated along North Vermilion Street, a key commercial corridor, the property benefits from strong vehicular traffic, walkability, and proximity to civic landmarks, retail clusters, and residential neighborhoods. The building’s generous footprint allows for flexible interior configurations, ideal for multi-room dining, private event spaces, or segmented service zones. With ample square footage, operators can accommodate large seating capacities, full-service kitchens, and entertainment areas. The site’s layout also supports potential drive-thru or curbside pickup enhancements, subject to zoning. Danville’s strategic location near the Indiana border and its access to major highways—including I-74—make it a regional draw for both local patrons and interstate travelers. The city’s revitalization efforts and business-friendly climate further enhance the appeal for restaurateurs seeking growth in a stable Midwestern market. Nearby anchors such as the Vermilion County Courthouse, Danville High School, and retail centers contribute to consistent foot traffic and daytime population. Whether repositioned as a fine dining destination, banquet hall, brewpub, or multi-concept venue, this property offers the scale and location to support a wide range of culinary visions. Investors and owner-operators alike will appreciate the value-add potential and long-term upside in a market with limited large-format restaurant inventory.