This Retail Property is no longer advertised on LoopNet.com.

610-622 N Gilbert St
Danville, IL 61832
Value-Add Retail Center | 32,000 SF · Retail Property For Sale

Investment Highlights

  • ±32,000 SF retail asset located on a major thoroughfare (US-136)
  • ±20,933 SF of contiguous space available
  • Adaptive floor plans allowing various multi-tenant layouts and incubator offices
  • In-Place NOI of ±$29,290 at 35% occupancy
  • Ample parking with adequate truck wells and grade level doors
  • Flexible zoning allows for a vast array of uses including retail, office, medical, entertainment, R&D, and some light industrial

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
32,000 SF
Building Class
C
Year Built
1969
Percent Leased
35%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.41
Lot Size
1.78 AC
Zoning
B-3 - General Business
Parking
87 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
263’ on N Gilbert

Amenities

  • Security System
  • Signage
  • Tenant Controlled HVAC

Property Taxes

Property Taxes

Parcel Number
23-05-304-014
Land Assessment
$74,302
Improvements Assessment
$125,698
Total Assessment
$200,000
  • Listing ID: 25026188

  • Date on Market: 2/10/2022

  • Last Updated:

  • Address: 610-622 N Gilbert St, Danville, IL 61832

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