20 Main StDanville, IN 46122

Property Details for 20 Main St

Year built

2001

Lot size

0.11 AC

Property type

Parking lots & garages

APN

32-11-04-490-009.000-003

APU

321104490009000003

Description

This exceptional commercial property, located at 20 West Main Street in Danville, Indiana, offers a substantial 6,312 square feet of versatile space. Situated on a 0.04-acre lot, the building boasts a convenient attached parking lot, providing ample space for clients and employees. The property's prime location on West Main Street ensures high visibility and accessibility, making it ideal for a variety of businesses. The building's substantial size allows for flexible configurations to suit diverse operational needs. Whether you envision a retail space, office complex, or a combination thereof, this property presents a unique opportunity to establish or expand your business in a thriving community. The asking price of $775,000 reflects the significant value and potential this property offers. Its strategic location and ample space make it an attractive investment for discerning buyers seeking a strong foothold in the Danville market. The attached parking lot is a significant advantage, eliminating the need for off-site parking arrangements and enhancing the overall convenience of the property. Serious inquiries are encouraged to explore the possibilities this exceptional commercial building presents. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.

• CAP approach

  CAP return

  Valuation

  6%

  $868,939

  6.5%

  $802,098

  7%

  $744,805

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,039,488

  Geo Method

  $1,039,488

• Alternative Use

  Use

  Valuation

  Residential

  $676,599

  Hospitality

  $619,761

  Educational

  $515,634

  Medical

  $533,368

  Retail

  $802,098

Location Insight

City

Danville

County

Hendricks

State

Indiana

Latitude

39.761

Longitude

-86.5244

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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.

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 unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].