Building Details

Year Built 1980

Stories 1

Listing Agency: Bif Ward Real Estate Group Show Phone

Listed By: Bif Ward Show Phone

Source: Bifward

Added: Jul 18 Changed: Aug 28 Last Checked: Aug 28 at 9:02AM

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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 Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

This retail space in Danville was built in 1980 and carries Commercial zoning. Recent improvements include a new HVAC system, a new asphalt parking lot, and a new well pressure tank. The property also includes an owned propane tank and ample paved parking for customers and employees.

The site fronts US Highway 36, with road frontage and visibility along a well-traveled corridor. It is located minutes from Heritage Lake and downtown Danville, with access to surrounding communities in western Hendricks County. The space is positioned for a range of commercial uses, including retail, food service, convenience, market, and professional office concepts, subject to applicable requirements.

Key Highlights

• US Highway 36 frontage with exposure along a well‑traveled corridor
• Commercial zoning supports a range of business uses
• New HVAC system installed

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Bakery Grocery & Convenience Store Cafe & Coffee Shop

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

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

494

Businesses Nearby

Explore this area Business Placement

Demographics for 46122, IN

16,448

Population

6,405

Households

2.6

Avg Household Size

39

Median Age

35%

College-Educated

97%

High-School Grad

88.4 sq mi

ZIP Area

186

Density / Sq Mi

$94,290

Median Household Income

$48,893

Median Earnings

$1,112

Median Rent

$276,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Commercially zoned space with paved parking, refreshed building systems, and exposure along a well-traveled highway corridor.

Where is this retail space located?

The property is located at 6977 Main Danville, IN.

What is the lease rate?

The lease rate is $339,900.

What are key features of this property?

This property features: US Highway 36 frontage with exposure along a well‑traveled corridor; Commercial zoning supports a range of business uses; New HVAC system installed