610 N Gilbert St, Danville, IL
Retail for Sale - $1,850,000 - 8,133 Sq. Ft.
Agent Info
Larry Kuchefski, CCIM Coldwell Banker Commercial Devonshire Realty |
Property Info
CIMLS# | 1151913 |
Location 610 N Gilbert St Danville IL 61832 | |
Updated | April 1st, 2024 |
Type | Retail |
Price | $1,850,000 |
Building | 8,133 Sq. Ft. |
Property Description
Coldwell Banker Commercial Devonshire Realty (CBCDR) is delighted to present this Value added, mixed-use center, now available for exclusive sale. Constructed in 1969 by Black & Co. to cater to the sale of home goods, sporting equipment, and construction supplies, the building underwent a transformative evolution, eventually being divided into five distinct storefronts.
The recent additions of Industry Labs, Full Access Healthcare, and Swing Sports complement the long-termed tenants, Aunt Martha’s Medical Group and Rent-A-Center and increases the occupancy to 75%. This diverse mix enhances the overall marketability of the property, and combined with the value-added component, is an appealing choice for the investor who wants cash flow and upside potential.