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Property profile & analytics
OFF-MARKET
Retail space

2164 Main St Danville, VA 24541-5926

4,100 SF 0.44 ac lot Built 1951
Individually Owned 2-yr Hold Free & Clear
Property ID
US87-1614620
Property summary
AI-generated overview

This exceptional 4,100 square foot free-standing retail storefront building presents a compelling investment opportunity in Danville, Virginia. Located at 2164 W. Main Street, this property boasts excellent visibility and high traffic volume, with 19,000 vehicles passing daily. Built in 1951, the building is zoned HRC (Highway Retail Commercial), allowing for a wide range of permitted uses. Its strategic location offers easy access to major roadways, including Route 29 and Route 58, ensuring convenient access for customers and employees. The property benefits significantly from its proximity to key economic drivers, including the new Caesars Virginia Hotel & Resort and Averett University, both just minutes away. This prime location provides exceptional potential for a variety of retail businesses seeking high visibility and a strong customer base. The asking price for this well-positioned retail space is $595,000. The 4,100 square feet of space offers ample room for a variety of retail configurations. Don't miss this chance to own a thriving retail space in a rapidly growing area. The zip code is 24541.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Construction CONCRETE BLOCKS
Total area 4,100 SF
Lot 0.44 ac (19,166 SF)
Zoning code HIGHWAY RETAIL COMM
APN 53505
UPID US87-1614620
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Restoration Worship Center Church Mosque
  • Frank Morgan Enterprises Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Barry Wayne Adams · 2 yrs held
Barry Wayne Adams
since 2024
Last sale
$170,000
4 recorded transactions
2024
Price N/A
2023
$170,000
2013
$141,200
2011
$175,000
Zoning & alternative use
HIGHWAY RETAIL COMM · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source UDC April 2026
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