20 Main St Danville, IN 46122
- Parking lots & garages
- 0.11 lot acres
Current Use by Public Records
- Active life store / Wheel Store
- Active Shop / Coffee Store
- Western Active Steap Shop / Coffee Store
- Active Steap Shop Tools / Fabric Store
- Expansion Active Steap Shop / Fabric Store
Property Details for 20 Main St
- Year built
- 2001
- Lot size
- 0.11 lot acres
- Property type
- Parking lots & garages
- APN
- 32-11-04-490-009.000-003
- APU
- 321104490009000003
Description
This exceptional commercial property, located at 20 West Main Street in Danville, Indiana, offers a substantial 6,312 square feet of versatile space. Situated on a 0.04-acre lot, the building boasts a convenient attached parking lot, providing ample space for clients and employees. The property's prime location on West Main Street ensures high visibility and accessibility, making it ideal for a variety of businesses. The building's substantial size allows for flexible configurations to suit diverse operational needs. Whether you envision a retail space, office complex, or a combination thereof, this property presents a unique opportunity to establish or expand your business in a thriving community. The asking price of $775,000 reflects the significant value and potential this property offers. Its strategic location and ample space make it an attractive investment for discerning buyers seeking a strong foothold in the Danville market. The attached parking lot is a significant advantage, eliminating the need for off-site parking arrangements and enhancing the overall convenience of the property. Serious inquiries are encouraged to explore the possibilities this exceptional commercial building presents. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $175,000
- 7%
- $185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $185,000
- Geo Method
- $150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $160,000
- Mixed-Use
- $195,000
- Hospitality
- $155,000
- Educational
- $170,000
- Residential Income
- $150,000
- Energy
- $155,000
- Income-Based Land
- $155,000
- Food Service
- $160,000
Location Insight
- Map
- Local Demand
- City
- Danville
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.5244
- Latitude
- 39.761
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA