523 Lynn StDanville, VA 24541

Property Details for 523 Lynn St

Year built

1909

Property size (Sq ft)

19,474 SF

Property type

Office properties

Property subtype

Restaurants

Description

This exceptional commercial property, located in Danville, Virginia's vibrant River District at 523-525 Lynn St, presents a unique investment opportunity. The property, a former manufacturing building thoughtfully converted to mixed-use in 2020, boasts a total of 19,474 square feet across two buildings. Currently, eight individual commercial suites are available on the first floor, ranging in size from approximately 2,600 to 2,700 square feet, offering flexibility for various businesses. The building is classified as Class B and features convenient amenities including elevators. With 7,774 square feet currently vacant, this presents a significant opportunity for expansion or lease acquisition. The building's rich history, dating back to 1909, is complemented by modern updates from the 2020 renovation. The strategic location within the River District ensures high visibility and accessibility. The property's mixed-use nature includes 46 multi-family units on the upper floors, creating a dynamic and thriving community. This prime location in zip code 24541 offers a blend of historical charm and modern functionality, making it an ideal space for businesses seeking a unique and well-situated office environment. The property's multiple tenancy structure provides diverse income streams and potential for future growth. Contact us today to learn more about this exceptional opportunity.

Location Insight

City

Danville

County

Pittsylvania

State

Virginia

Latitude

36.5848

Longitude

-79.3881

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