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Two-Level Physician's Office with Elevator
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125 Watson St, Danville, VA 24541

Two-level physician's office with elevator and additional parking.

Property SizeContact for details
Days on Market711

Property Features for 125 Watson St

General Information

Standard status Active
Property subtype Office
Zoning CB-Community Business
Listing Agency: Wilkins & Co Realtors
Listed By: John Laramore · License #VA
Source: Crexi
Added: Sep 11, 2024 Changed: Aug 17 Last Checked: Aug 20 at 8:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilkins & Co Realtors

Investment Insights

Based on property information with market context.

This two-level physician's office includes an elevator and an additional parking lot. The property is zoned NC Neighborhood Commercial, making it suitable for various uses. The upper level features a reception area, three offices, five exam rooms, a breakroom, a lab, four restrooms, and a storage area. The lower level includes a large open reception area, one office, nine exam rooms, a breakroom, two restrooms, and ample storage. Please note that the elevator's service permit has expired, and it is currently not in use, pending a service inspection.

Key Highlights

  • Two‑level physician's office suitable for many uses due to NC Neighborhood Commercial zoning.
  • Includes an additional parking lot (Parcel 21104).
  • Upper level features a reception area, 3 offices, 5 exam rooms, breakroom, lab, 4 restrooms, and storage.

Property Analytics

Current Use

Danville Internal Medicine ... Physician Dr. Daniel L. ... Physician Jo ann Earp, ... Physician Jo Earp Physician Daniel Lee Pomposini Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24541, VA

27,529
Population
14,506
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
87%
High-School Grad
75.2 sq mi
ZIP Area
366
Density / Sq Mi
$49,292
Median Household Income
$35,592
Median Earnings
$818
Median Rent
$134,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-level physician's office with elevator and additional parking.
Where is this medical office space located?
The property is located at 125 Watson St Danville, VA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑level physician's office suitable for many uses due to NC Neighborhood Commercial zoning.; Includes an additional parking lot (Parcel 21104).; Upper level features a reception area, 3 offices, 5 exam rooms, breakroom, lab, 4 restrooms, and storage.
(434) 797-4007 Call to check price and availability
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