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    20 Main St Danville, IN 46122

    For Sale
    $775,000

    Prime Danville location, 6,312 sq ft building.

    Property size:
    6,312 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    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.

    Property Features for 20 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,312 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1913
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Active life store Wheel Store Active Shop Coffee Store Western Active Steap ... Coffee Store Active Steap Shop ... Fabric Store Expansion Active Steap ... Fabric Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.5243
    Latitude
    39.76103

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Danville location, 6,312 sq ft building.
    Where is this commercial real estate located?
    The property is located at 20 Main St Danville, IN.
    What is the asking price?
    The asking price for this property is $775,000.
    (317) 272-5002
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    20 Main St 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
    20 Main St Danville, IN 46122
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