Property summary
This exceptional three-story office building, formerly occupied by Kentucky Utilities, presents a unique investment opportunity in the heart of Danville, Kentucky. Spanning 13,500 square feet of net rentable space, this property offers flexible interior layouts ideal for a variety of commercial uses. Situated on a 0.32-acre lot at 198 W Broadway St, the building boasts a highly visible location just one block from Main Street, providing excellent accessibility and exposure. The convenient location offers proximity to Ephraim McDowell Hospital and the Boyle County courthouse, enhancing its appeal to a wide range of potential tenants. The building features ample on-site and street parking, ensuring convenient access for employees and clients. The interior comprises two stories above ground, plus a finished basement level with its own separate exterior access, providing additional versatility and potential for expansion or specialized use. The building is in excellent condition and is zoned for downtown commercial use (CB Central Business District), allowing for a diverse range of business operations. The asking price for this remarkable property is $700,000. This represents a significant opportunity to acquire a substantial, well-maintained office building in a thriving Kentucky community. The property's size, location, and condition make it an attractive investment for both established businesses and new ventures seeking a prominent presence in Danville.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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