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Flex Space With Drive-In Door
For Sale
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508 S 3rd Street, Danville, KY 40422

Commercial space combines office functionality with warehouse access near downtown Danville.

Property SizeContact for details
Days on Market152

Property Features for 508 S 3rd Street

General Information

Standard status Active
Property subtype Retail
Zoning I-1
Lease Term NNN

Properties For Sale

at 508 S 3rd Street Contact us

508 S 3rd St

Size
2,400 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Gabe Measner
Source: Svnstone
Added: Apr 1 Changed: Aug 30 Last Checked: Aug 26 at 5:39AM

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 SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2,400-square-foot flex property combines office and warehouse space within a single commercial asset. The configuration includes one grade-level drive-in door, providing direct access for loading and moving equipment or materials.

Located at 508 S 3rd Street in Danville, the property sits just blocks from downtown. Its office-and-warehouse layout supports a range of business operations requiring both workspace and functional storage or service areas.

Key Highlights

  • 2,400 SF of combined office and warehouse space
  • One grade‑level drive‑in door
  • Located at 508 S 3rd Street in Danville, KY

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Grocery & Convenience Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store

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

924
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

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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Similar Off Market Nearby

  • Douglas Catering 421 S 4th St Suite 101, Danville, KY 40422
  • A Blessed experience Catering 505 N 4th St, Danville, KY 40422

Frequently Asked Questions

What type of property is this?
Flex space - Commercial space combines office functionality with warehouse access near downtown Danville.
Where is this flex space located?
The property is located at 508 S 3rd Street Danville, KY.
What are key features of this property?
This property features: 2,400 SF of combined office and warehouse space; One grade‑level drive‑in door; Located at 508 S 3rd Street in Danville, KY
More about this property
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