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Corner Retail Storefront Investment
For Sale
$369,900

201 W Broadway St, Danville, KY 40422

Corner storefront property with off-street parking and two spaces, currently leased through January 2027.

Property Size2,829 SF
Price / SF$130.75
Days on Market127

Property Features for 201 W Broadway St

General Information

Standard status Active
Size 2,829 SF
Total Parking Spaces 2
Property subtype Commercial
Zoning CB

Building Details

Year Built 1940
Listing Agency: Transactionbroker.com
Listed By: Julie M Curtsinger
Source: Centralkyhomefinder
Added: Jun 23 Changed: Oct 26 Last Checked: Oct 26 at 4:49PM

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 Transactionbroker.com

Rey
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Investment Insights

Based on property information with market context.

This corner retail storefront investment is located at 201 W. Broadway and is positioned to capture visibility from multiple directions. The property includes off-street parking served by a private driveway with two parking spaces, plus convenient on-street parking along Broadway and the side street. Updates and renovation details are provided in the attached documents.

Public remarks indicate the building is situated at a prominent four-way stop in downtown Danville, surrounded by established businesses, professional offices, dining, and downtown attractions.

Zoned CB (Commercial Business), the property offers flexibility for future commercial uses while providing current lease income through January 2027.

Key Highlights

  • Corner storefront at 201 W. Broadway in downtown Danville, situated at a prominent four‑way stop for high traffic exposure
  • Currently leased through January 2027
  • Off‑street parking includes a private driveway and two parking spaces, plus on‑street parking along Broadway and the side street

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility HVAC Service Grocery & Convenience Store Bakery Kitchen & Bath Showroom

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

1,113
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40422, KY

25,918
Population
10,627
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
92%
High-School Grad
108.3 sq mi
ZIP Area
239
Density / Sq Mi
$60,926
Median Household Income
$36,910
Median Earnings
$774
Median Rent
$214,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Corner storefront property with off-street parking and two spaces, currently leased through January 2027.
Where is this storefront property located?
The property is located at 201 W Broadway St Danville, KY.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Corner storefront at 201 W. Broadway in downtown Danville, situated at a prominent four‑way stop for high traffic exposure; Currently leased through January 2027; Off‑street parking includes a private driveway and two parking spaces, plus on‑street parking along Broadway and the side street
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