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    1300 Main St Danville, IN 46122

    For Sale
    $995,000

    Fully Leased Multi-Tenant Office Investment

    Property size:
    4,740 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 4,740 square foot office building presents a compelling investment opportunity in Danville, Indiana. Strategically located on a high-traffic corner of East Main Street, this property boasts excellent visibility and accessibility. The 0.46-acre lot provides ample parking for tenants and clients, with over 20 spaces available. Currently fully leased to three established businesses—a medical practice, a general office, and a veterinary clinic—this multi-tenant building offers immediate cash flow and stable occupancy. The building is well-maintained and benefits from a Local Business zoning designation. The diverse tenant mix ensures a resilient income stream, making this an attractive proposition for investors seeking a strong return on investment. The high-traffic location and ample parking contribute to the property's desirability for tenants, ensuring long-term lease stability. This is a rare opportunity to acquire a fully leased, well-located commercial property in a thriving Indiana community. The building's size and layout are well-suited to a variety of professional uses, offering flexibility for future tenants. The property's strong tenant base and prime location combine to create a compelling investment opportunity with significant potential for future growth. Serious inquiries are encouraged.

    Property Features for 1300 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,740 SF
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1976
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael A. Woolard, DC Chiropractor Olive Animal Hospital Veterinarian NuMedia Marketing Marketing Agency Spinal Logic Chiropractic Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.49921
    Latitude
    39.76138

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    FAQs

    What type of property is this?
    Office Property / Space - Fully Leased Multi-Tenant Office Investment
    Where is this office property / space located?
    The property is located at 1300 Main St Danville, IN.
    What is the asking price?
    The asking price for this property is $995,000.
    (317) 340-8780
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    1300 Main St Danville, IN 46122
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    Danville, IN 46122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300 Main St Danville, IN 46122
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