For Lease
$8/SF/YR

523 Lynn St Danville, VA 24541

Historic Danville Office Building, 8 Suites Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property, located in Danville, Virginia's vibrant River District at 523-525 Lynn St, presents a unique investment opportunity. The property, a former manufacturing building thoughtfully converted to mixed-use in 2020, boasts a total of 19,474 square feet across two buildings. Currently, eight individual commercial suites are available on the first floor, ranging in size from approximately 2,600 to 2,700 square feet, offering flexibility for various businesses. The building is classified as Class B and features convenient amenities including elevators. With 7,774 square feet currently vacant, this presents a significant opportunity for expansion or lease acquisition. The building's rich history, dating back to 1909, is complemented by modern updates from the 2020 renovation. The strategic location within the River District ensures high visibility and accessibility. The property's mixed-use nature includes 46 multi-family units on the upper floors, creating a dynamic and thriving community. This prime location in zip code 24541 offers a blend of historical charm and modern functionality, making it an ideal space for businesses seeking a unique and well-situated office environment. The property's multiple tenancy structure provides diverse income streams and potential for future growth. Contact us today to learn more about this exceptional opportunity.

Property Details for 523 Lynn St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
19,474 SF
Class
B
Year Built/Renovated
1909/2020
Buildings
2

Unit(s) available at that property

Space
Unit 6B
Size
2,600 SF
Rate per SF
$8
Space
Unit 6A
Size
2,700 SF
Rate per SF
$8

Location Insight

City
Danville
County
Danville City
State
Virginia
Latitude
36.584784063294
Longitude
-79.388132916784

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FAQs

What type of property is this?
Retail property - Historic Danville Office Building, 8 Suites Available
Where is the retail property located?
The property is located at 523 Lynn St Danville, VA.
What is the lease rate?
The lease rate is $8/SF/YR.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Joie Ford

Learn more

Useful Information

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Lynn St
Danville, VA 24541

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Lynn St
Danville, VA 24541

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

523 Lynn St
  • Joie Ford
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