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PROFESSIONAL OFFICE INVESTMENT 923 N Vermilion St 4,990 SF Vacant Office Building Danville, IL 61832 $952,818 CAD ($190.95 CAD/SF) 9% Cap Rate

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PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,990 SF
Building Class
B
Year Built
1978
Price
$952,818 CAD
Price Per SF
$190.95 CAD
Cap Rate
9%
NOI
$85,754 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,990 SF
Building FAR
0.11
Lot Size
1.09 AC
Zoning
P-1, R-2 - P-1 Professional Office, R-2 Single Family Medium Density
Parking
30 Spaces (6.01 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,645 SF
  • Office
  • -
  • Now

Property Description This well-managed and strategically positioned commercial property features the following: reception area, (7) private offices, (1) conference room, break area, (2) restrooms, central work area, loft storage, and off-street parking area. Area 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.

Space Size Space Use Condition Available
1st Floor 3,645 SF Office - Now

1st Floor

Size
3,645 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 3,645 SF
Space Use Office
Condition -
Available Now

Property Description This well-managed and strategically positioned commercial property features the following: reception area, (7) private offices, (1) conference room, break area, (2) restrooms, central work area, loft storage, and off-street parking area. Area 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-05-204-019
Land Assessment
$46,369 CAD
Improvements Assessment
$166,817 CAD
Total Assessment
$213,186 CAD
  • Listing ID: 30079175

  • Date on Market: 2023-11-16

  • Last Updated:

  • Address: 923 N Vermilion St, Danville, IL 61832

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