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Papa John's and vacant restaurant 302-306 W Fairchild St 3,000 SF Vacant Retail Building Danville, IL 61832 $600,000 ($200/SF)
EXECUTIVE SUMMARY
Prime 2 unit building at "main and main" in Danville, IL and adjacent to a top performing Dollar General. Papa John's (Bajco - large 200+ unit operator) has been at the property for a couple decades and just extended their lease with over 7 years remaining. The vacant space is 2,000 SF and formerly occupied by Jimmy John's who successfully operated at the location and relocated just a block over to a drive thru. The building is 3,000 SF total. An investor or owner/user can take advantage of an existing restaurant space that has existing buildout and easy for someone to come in and start operating.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,000 SF
Building Class
C
Year Built
1991
Price
$600,000
Price Per SF
$200
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.60 AC
Zoning
B3 - General Business
Parking
48 Spaces (16 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former Papa John's restaurant space available. Kitchen equipment can remain for new tenant.
| Space | Size | Space Use | Position | Available |
| 306 | 2,000 SF | Restaurant | End Cap | Now |
306
| Size |
| 2,000 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
306
| Size | 2,000 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
Former Papa John's restaurant space available. Kitchen equipment can remain for new tenant.
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 23-05-311-005 | Improvements Assessment | $71,629 |
| Land Assessment | $69,523 | Total Assessment | $141,152 |
PROPERTY TAXES
Parcel Number
23-05-311-005
Land Assessment
$69,523
Improvements Assessment
$71,629
Total Assessment
$141,152
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Papa John's and vacant restaurant | 302-306 W Fairchild St
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