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Multi-Level Office Building
For Sale
$1,240,000

459 W Martin Luther King Boulevard, Danville, KY 40422

Commercial Sale, Danville, KY

Property Size10,800 SF
Lot Size0.59 Acres
Price / SF$114.81
Days on Market357

Property Features for 459 W Martin Luther King Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial Business
Rooms Basement
Parking 40
Security features Security System
Basement Exterior Entry, Finished, Walk-Out Access
Subdivision Downtown
Directions From Main Street in Danville, travel South on 4th St, , cross Walnut St., turn right on West Martin Luther King Blvd.
Standard status Active
APN D07-017-013
Size 10,800 SF
Lot size 0.59 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Electric, Gas (Cooling), Central Air, Multi Units

Amenities

reception room
conference rooms
break room with kitchen
fireproof file vault
attic storage
interior stairs
extensive IT wiring

Building Details

Year built 1980
Floors in Building 3
Building materials Stone
Listing Agency: Dexter Real Estate
Listed By: Mark S Dexter · License #195968
Added: Oct 1, 2025 Changed: Sep 12 Last Checked: Sep 22 at 4:06AM
MLS# 25502906

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10,800-square-foot office building occupies 0.59 acres and was constructed in 1980 with a fieldstone exterior. The ground, first, and second floors contain 36 private offices, along with reception areas and conference rooms on the first and second floors. Interior partitions are insulated for privacy, and the building includes extensive IT wiring, a second-floor kitchen and break room, and attic storage. A fireproof file vault with concrete walls and fire-rated doors is located on the first floor.

The property has two interior stairways, including one that provides an exterior exit from the second floor. Each floor contains two bathrooms, while the ground level offers direct access. Building systems include forced-air and natural-gas heating, central air conditioning with multiple units, electric and gas cooling, and public sewer service. Located at 459 W Martin Luther King Boulevard in Danville, the office is positioned in the downtown area.

Key Highlights

  • 10,800 square feet on a 0.59‑acre parcel
  • 36 private offices distributed across three levels
  • Large second‑floor conference room and smaller first‑floor conference room

Property Analytics

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Current Use

Brighter Choice Association / Organization Robinson Hughes & Christopher Accounting Firm Robinson Hughes & Christopher: ... Accounting Firm

Suggested Use

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

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

Lease Details

36
Office units

Location Intelligence

Trade Area within ½ mile

1,164
Businesses Nearby

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 Office in South region

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

What type of property is this?
Office building - Three-level office property with private workspaces, conference rooms, kitchen facilities, and extensive IT wiring.
Where is this office building located?
The property is located at 459 W Martin Luther King Boulevard Danville, KY.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: 10,800 square feet on a 0.59‑acre parcel; 36 private offices distributed across three levels; Large second‑floor conference room and smaller first‑floor conference room
More about this property
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