701 W Fairchild St - Medical FOR SALE


Danville, IL 61832
$750,000 USD
217-403-3425
701 W Fairchild St, Danville, IL for Sale
$750,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

701 W Fairchild St
Danville, IL 61832


HIGHLIGHTS

  • Value Add Potential
  • Medical Buildout
  • Recently Renovated
  • Near Existing Medical

OVERVIEW

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to offer for sale or lease this medical/office building located at 701 W. Fairchild St, Danville IL. This bi-level building was constructed in the mid 1970’s and was most recently used as a four-tenant medical building. The current owners are in the process of renovating/rehabbing the property however, the lower level (ground floor) is currently available for lease. The upper and lower levels are effectively mirror images of each other and each level features a shared 1,000 SF waiting room and a west and north wing. Each wing is currently set up with 4 exam rooms, 2 offices, reception counter, 2 private offices with restrooms, kitchenette, and public restroom. The lower west wing lower is ADA accessible via a ramp on the west side of the building. The upper level is accessed by two sets of stairs and currently has a built-in chair lift. The building could easily be used as office space. The property is located on Danville’s south side just 3 blocks west of Gilbert st (IL Rt 1./US 136/US150) and 4 blocks northeast of OSF Sacred Heart Medical Center.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical/Office For Sale or Lease

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

P1

APN/PARCEL ID

23-05-109-040

ASK ABOUT THIS PROPERTY

AJ Thoma III, CCIM, SIORColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3425

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AJ Thoma III, CCIM, SIORColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3425

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