1340 Main St Danville, VA 24541-4714

Dan River Plaza, located at 1340 W Main St, Danville, VA 24541, presents a significant retail investment opportunity. This single-story, 54,605 square foot shopping center, built in 1980, offers multiple tenancy options with a minimum divisible space of 10,000 square feet and a maximum contiguous space of 36,585 square feet. Currently, 60,151 square feet is vacant, providing ample space for expansion or new tenants. The property sits on a 5.41-acre lot and is classified as Class C. It boasts excellent visibility and accessibility from W. Main Street, benefiting from its location directly across Bishop Road from the new Caesars Palace development. This $400 million resort, slated to open December 2024, will bring significant economic growth to the area, including 1,300 jobs and a large entertainment venue. The center is anchored by Family Dollar and adjacent to Hardee's, ensuring strong existing traffic. An outparcel is also available. The property's proximity to Schoolfield Elementary, Ballou Park, Sovah Health Center, and Danville Community College further enhances its appeal. This is a rare chance to capitalize on the immense growth potential spurred by the Caesars Danville development in a well-established commercial area.