2164 Main St Danville, VA 24541-5926
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.
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Frank Morgan Enterprises Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HIGHWAY RETAIL COMM · Danville, VACosts & 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.