109 Main St Danville, VA 24540
This exceptional four-story, 96,602 square foot Class B office building, located in the vibrant River District at 109 Main St, presents a unique investment opportunity. Originally constructed in 1883 and extensively renovated in 2017, the property boasts a blend of historical charm and modern functionality. Currently, there are three available office spaces ranging from 1,973 to 3,795 square feet, ideal for a variety of businesses. The building's diverse tenancy includes traditional office, executive office, medical office, and coworking spaces, reflecting its adaptability and broad appeal. The building features elevators for convenient access to all four floors. With 11,121 square feet currently vacant, this presents a significant opportunity to acquire prime space in a thriving submarket. The property's versatile design caters to various business needs, making it an attractive option for both established companies and startups. Its location in the River District offers excellent visibility and accessibility. This is a rare chance to secure a piece of River District history while benefiting from modern amenities and a dynamic business environment. The building's adaptable spaces and prime location make it an ideal investment for long-term growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.