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3217 N Vermilion St
Danville, IL 61832

Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,565 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.42 AC
Zoning
B3, Danville
Parking
86 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
316 FT on N Vermilion St

About 3217 N Vermilion St , Danville, IL 61832

This Red Lobster is located at 3217 Vermilion Street in Danville, Illinois. Located on the eastern border of Illinois, Danville is the county seat of Vermilion County. Danville is approximately 50 miles west of Indianapolis, the capital of Indiana. Surrounding Retail and Points of Interest The subject property is well-positioned in a Vermilion Street, benefiting from its proximity to major national and local retailers. Nearby national tenants include: Walmart, Lowe’s, Tractor Supply Company, Kohl’s, T.J. Maxx, Meijer, Applebee’s, Steak n’ Shake, Arby’s, and Buffalo Wild Wings among various others. Additionally, the Village Mall is located across the street from the property, a 545,000-square-foot shopping center with tenants such as Burlington Coat Factory, Ross, AMC, and Pet Supplies Plus. Several schools are found in the nearby area, with both Schlarman Academy and North Ridge Middle School approximately a mile away. The schools have a combined enrollment of over 1,000 students. The Carle Foundation Hospital Danville on Vermilion is also found in the immediate vicinity, with specialty services such as the SurgiCenter and Therapy Services. Danville, Illinois Indianapolis is the capital and largest city of Indiana and is one of the fastest growing cities in the United States with an extremely diverse and strong economy and rich cultural heritage. Indianapolis is the second most populous city in the Midwest, after Chicago, and 14th largest in the United States. The city is the economic and cultural center of the Indianapolis metropolitan area, home to 2 million people. Indianapolis’s largest industry sectors are manufacturing, health care, social services, and retail trade. Many of Indiana’s largest and most recognized companies are headquartered in Indianapolis such as: Brightpoint, Finish Line, REIT Simon Property Group, and hhgregg Incorporated Indianapolis is also home to many major sporting teams and events including: the Indianapolis Colts, Indiana Pacers, The Indianapolis 500, and in 2002 hosted the Super Bowl. Lastly, Indianapolis International Airport was named the best airport in North America in 2013, 2012, and 2010 by Airports Council International.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-20-400-022
Land Assessment
$118,276
Improvements Assessment
$265,768
Total Assessment
$384,044
  • Listing ID: 15363083

  • Date on Market: 3/6/2019

  • Last Updated:

  • Address: 3217 N Vermilion St, Danville, IL 61832

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