Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Downtown Danville Speakeasy-Style Venue Title is generated by Realmo AI

    422 Fryes Ln, Danville, KY 40422

    View on Map
    Claim this Listing
    For Sale
    $449,000

    Turnkey sports lounge and indoor golf venue in Danville, KY.

    Property size:
    1,976 SF
    Price / SF:
    $227/SF
    Added:
    Apr 2, 2026
    Days on Market:
    57
    Last Refresh:
    May 19 at 10:47 pm

    Property Features for 422 Fryes Ln

    General Information

    Standard status
    Active
    Size
    1,976 SF

    We can help!

    Listing Contact
    Amanda French Clark

    Listing agent Amanda French Clark License #222850

    Listing office Dexter Real Estate

    Listing date Apr 2, 2026

    Source Exprealty

    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 Dexter Real Estate

    HighLights

    • Turnkey operation: Includes all furniture, equipment and a fully outfitted bar.
    • Unique speakeasy‑style atmosphere with a high‑energy sports lounge vibe and a custom 19' x 22' wood bar.
    • Prime Downtown Danville location.
    • Indoor/outdoor entertainment space: Features a 260± square foot covered concert pavilion.
    • Flexible 1,000+ sq ft unfinished warehouse space offers potential.
    • Security features: Includes exterior security cameras and an HID members‑only door access system.

    Overview

    This 3,016 square foot specialty mixed-use commercial property is located in Downtown Danville, KY. It features a speakeasy-style atmosphere with a sports lounge vibe, suitable for an exclusive, VIP bar experience. The space includes exposed ceilings, luxury vinyl plank flooring, and a 19' x 22' custom wood high-top bar. There are eight TVs and a premium sound system with subwoofers. The property is currently operating as an indoor golf venue and exclusive bar. All furniture and equipment convey, including two GC Hawk golf simulators. The bar is equipped with an industrial refrigerator, pizza oven, hot dog roller, and ice maker. A 260 square foot covered concert pavilion is available for live music and overflow. Additionally, there is over 1,000 square feet of unfinished warehouse space with an oversized garage door and a gas heater, suitable for storage, expansion, or creative conversion. Two industrial exhaust fans are in place. The property also includes two restrooms, one shower, exterior security cameras, and an HID (keycard) members-only door access system. The property offers flexibility for storage, expansion, or creative conversion. The property size is 1,976 square feet.
    Location Intelligence

    Current Use by Public Records

    Brothers Code MC Motorcycle Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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
    Boyle
    State
    Kentucky
    Longitude
    -84.776557
    Latitude
    37.637806

    Nearby Similar for Sale

    • $449,500
      6,000 SF

      Updated Commercial Building, Danville, KY

      Move-in ready 6,000 sq ft commercial building with flexible layout.
      541 S 4th Street, Danville, KY 40422
      View Details
    • $399,000
      2,880 SF

      Danville Commercial Building on Stanford

      2,880 sq ft commercial building on high-traffic corridor.
      1125 Stanford Road, Danville, KY 40422
      View Details
    • $449,000
      1,976 SF

      Danville Commercial Property with Speakeasy Atmosphere

      Specialty mixed-use commercial property with speakeasy-style atmosphere and high-energy sports lounge vibe.
      422 Fryes Lane, Danville, KY 40422
      View Details
    • $485,000
      3,450 SF

      Danville Commercial Building For Sale

      Commercial building with flexible space in Greenleaf Shopping Center.
      1000 E Lexington Avenue, Danville, KY 40422
      View Details
    • $249,000
      7,600 SF

      Multi-Level Commercial Property Near Downtown

      Unique multi-level property near downtown Danville, suitable for various ventures.
      205 Otter Street, Danville, KY 40422
      View Details
    • $1,200,000
      13,000 SF

      Downtown Danville Office Building

      Large office building with multiple spaces and secure access.
      198 W Broadway Street, Danville, KY 40422
      View Details
    • $379,900
      2,234 SF

      Updated Home with Income Potential

      Updated 1906 home in Danville, Kentucky, with commercial potential.
      424 S 4th Street, Danville, KY 40422
      View Details
    • $1,240,000
      10,800 SF

      Magnificent Office Building in Danville

      Spacious office building with quality construction in downtown Danville.
      459 W Martin Luther King Boulevard, Danville, KY 40422
      View Details
    • $379,900
      2,234 SF

      Updated Home in Danville, KY

      Updated 1906 home with income-producing potential in Danville, Kentucky.
      424 S 4th Street, Danville, KY 40422
      View Details
    • $169,000
      1,400 SF

      Danville Commercial Property with Garage

      Commercial building with garage doors and ample parking.
      1121 Stanford Road, Danville, KY 40422
      View Details
    • $175,000
      1,725 SF

      Danville Office Building For Sale

      Versatile office building near downtown Danville with mixed-use potential.
      813 S 4th Street, Danville, KY 40422
      View Details
    • $191,000
      3,480 SF

      Danville Commercial Property For Sale

      Versatile commercial property suitable for various business uses.
      6560 Alum Springs Road, Danville, KY 40422
      View Details

    FAQs

    What type of property is this?
    Golf course & driving range - Turnkey sports lounge and indoor golf venue in Danville, KY.
    Where is this golf course & driving range located?
    The property is located at 422 Fryes Ln Danville, KY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Turnkey operation: Includes all furniture, equipment and a fully outfitted bar.; Unique speakeasy‑style atmosphere with a high‑energy sports lounge vibe and a custom 19' x 22' wood bar.; Prime Downtown Danville location.
    (502) 419-8934
    We can help!
    Listing Contact
    Amanda French Clark
    Real Estate License ID: 222850
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    422 Fryes Ln, Danville, KY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!