306 N Gilbert St - Office FOR SALE


Danville, IL 61832
$450,000 USD
217-918-0871

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$450,000 USD
Office - FOR SALE
null | Request Cap Rate

306 N Gilbert St
Danville, IL 61832


HIGHLIGHTS

  • Located on a signalized corner near Carle’s Riverfront Medical Center
  • Ten private offices plus central workstation and conference room
  • Divisible layout supports multi-tenant or departmental use
  • 25 off-street parking spaces and ADA-compliant access
  • Durable brick exterior with low-maintenance metal roofing
  • Zoned B-3 General Business for broad commercial flexibility

OVERVIEW

Positioned on a signalized, high-visibility corner in Danville, Illinois, this 3,600-square-foot office building offers a rare opportunity for medical, professional, or mixed-use buyers seeking strategic location and flexible layout. Just steps from Carle’s Riverfront Medical Center, the property benefits from strong healthcare adjacency and excellent traffic exposure. Built in 1984 and meticulously maintained, the building features a secure entry with a welcoming reception area, ten private offices, a central rear workstation, and a wide hallway ideal for file storage or copier placement. Additional amenities include three restrooms, a dedicated conference room, a break room, and a storage/file room. The layout is divisible, allowing for multi-tenant configurations or departmental separation. The exterior showcases a durable brick façade and a low-maintenance metal roof, complemented by 25 off-street parking spaces and one ADA-compliant space. Zoned B-3 General Business, the site supports a wide range of commercial uses, making it ideal for owner-users or investors targeting healthcare, legal, or administrative tenants. Whether expanding a practice or acquiring a long-term investment, this property delivers location, layout, and longevity in one of Danville’s most accessible corridors.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

B-3

APN/PARCEL ID

23-08-103-024

ASK ABOUT THIS PROPERTY

Larry KuchefskiColdwell Banker Commercial Devonshire RealtyMore Info
217-918-0871

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Larry KuchefskiColdwell Banker Commercial Devonshire RealtyMore Info
217-918-0871

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