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Mixed-Use Property with Storefronts
For Sale
$350,000

506 MILL Street, Danville, PA 17821

Multi-Family, Danville, PA

Property Size6,750 SF
Lot Size0.16 Acres
Price / SF$51.85
Days on Market190

Property Features for 506 MILL Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning commercial
Bedrooms 2
Bathrooms 4
Full bathrooms 1
Half bathrooms 3
Rooms Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Basement
Basement Full
Subdivision 0-None
Elementary school district Danville
Middle school district Danville
High school district Danville
Directions Mill Street
Standard status Active
APN 13-87-185
Size 6,750 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4832

Utilities

Heating system Natural Gas
Water source Public

Building Details

Year built 1930
Number of units 2
Building materials Concrete, Masonry
Listing Agency: EXP Realty, LLC
Listed By: SUSAN M HARTMAN · License #RS130403A
Added: Apr 3 Changed: Sep 16 Last Checked: Oct 9 at 8:06AM
MLS# C-1256

Copyright © 2026 Central Susquehanna Valley Board of Realtors. 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 6,750-square-foot mixed-use property contains two units and combines commercial and residential components. The building includes commercial storefronts, a restaurant space, and a second commercial rental area. The second floor includes two to three bedrooms, a kitchen, living room, and bathroom, providing an owner's residence or additional income-producing space as described in the property information. Built in 1930, the structure uses concrete and masonry construction and is heated by natural gas. Public water serves the property, which occupies 0.16 acres in Danville, Pennsylvania.

Key Highlights

  • 6,750‑square‑foot mixed‑use property on 0.16 acres
  • Two‑unit configuration with commercial storefronts
  • Restaurant space plus a second commercial rental area

Property Analytics

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Current Use

Schaeffer Eichner Wagner: ... Accounting Firm Wagner Jr Kenneth ... Accounting Firm Schaeffer Eichner Wagner Tax Preparation

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Kitchen & Bath Showroom Auto Parts Store HVAC Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,852
Businesses Nearby

Demographics for 17821, PA

18,663
Population
8,335
Households
2.2
Avg Household Size
44
Median Age
38%
College-Educated
93%
High-School Grad
134.4 sq mi
ZIP Area
139
Density / Sq Mi
$73,137
Median Household Income
$49,712
Median Earnings
$1,078
Median Rent
$241,600
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-unit commercial building with retail space and second-floor residential rooms, including a kitchen, living room, and bath.
Where is this mixed-use property located?
The property is located at 506 MILL Street Danville, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 6,750‑square‑foot mixed‑use property on 0.16 acres; Two‑unit configuration with commercial storefronts; Restaurant space plus a second commercial rental area
More about this property
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