513-936-9110
3217 N Vermilion St, Danville, IL for Sale
Restaurant - FOR SALE
1/7
null | Request Cap Rate

3217 N Vermilion St
Danville, IL 61832


HIGHLIGHTS

  • Large Building Footprint and Parcel
  • Great Visibility from High-Traffic Corridor
  • Located Within Major Retail Trade Area
  • Strong and Affluent Demographics

OVERVIEW

Northmarq is pleased to offer for sale or lease a vacant casual dining asset in Danville, Illinois (“The Property”). The Property, formerly a Red Lobster, is 8,565 SF and located in Danville’s main retail corridor. With the Property being zoned B3 - General Business, it lends itself to multiple potential uses including splitting the building for multiple tenants/uses. The Property, built in 1991, is equipped with almost all FF&E, is well maintained and features a large 86-space parking lot with easy access from U.S. Highway 136.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FORMER RED LOBSTER

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

B3, Danville

APN/PARCEL ID

18-20-400-022

ASK ABOUT THIS PROPERTY

Vikaas PatniNorthmarqMore Info
513-936-9110

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Vikaas PatniNorthmarqMore Info
513-936-9110

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.