4 Main StDanville, OH 43014

Property Details for 4 Main St

Year built

1930

Lot size

0.11 AC

Property size (Sq ft)

2,574 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

63-00547.000

APU

6300547000

Description

This exceptional mixed-use property, located at 4 Main Street in Danville, Ohio, presents a unique investment opportunity. The building encompasses a generous 2,574 square feet, offering versatile space adaptable to a variety of commercial uses. Its prime Main Street location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Danville community. The property sits on a lot with no acreage specified, offering convenient access and minimal land maintenance. Priced competitively at $249,900, this property represents a significant value proposition for discerning investors and entrepreneurs. The building's existing layout and square footage provide ample room for customization, allowing prospective buyers to tailor the space to their specific business needs. Whether you envision a retail storefront, office space, or a combination of uses, this property offers the flexibility to accommodate a wide range of commercial ventures. Its strategic location in Danville, Ohio, provides access to a thriving local market and a strong community base. This is a rare opportunity to acquire a well-situated commercial property in a desirable location at an attractive price point. Serious inquiries are encouraged to explore the potential of this versatile and strategically located mixed-use building. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.

• CAP approach

  CAP return

  Valuation

  6%

  $489,516

  6.5%

  $451,861

  7%

  $419,585

• Comparable approach

  Method

  Valuation

  Relative Method

  $240,772

  Geo Method

  $240,772

• Alternative Use

  Use

  Valuation

  Residential

  $560,307

  Hospitality

  $513,239

  Educational

  $427,008

  Medical

  $441,694

  Retail

  $664,235

Location Insight

City

Danville

County

Knox

State

Ohio

Latitude

40.4509

Longitude

-82.2598

CBSA code

34540

CBSA name

MOUNT VERNON, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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