Technical
Financial
Distress signals
Property profile

4 E Main St Danville, OH 43014

FOR SALE
Medical Office Space
Property ID
US66-3042096
2,574 SF 0.11 ac lot Built 1930
Entity Owned 16-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 4 Main Street in Danville, Ohio, presents a unique investment opportunity. The building encompasses a generous 2,574 square feet, offering versatile space adaptable to a variety of commercial uses. Its prime Main Street location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Danville community. The property sits on a lot with no acreage specified, offering convenient access and minimal land maintenance. Priced competitively at $249,900, this property represents a significant value proposition for discerning investors and entrepreneurs. The building's existing layout and square footage provide ample room for customization, allowing prospective buyers to tailor the space to their specific business needs. Whether you envision a retail storefront, office space, or a combination of uses, this property offers the flexibility to accommodate a wide range of commercial ventures. Its strategic location in Danville, Ohio, provides access to a thriving local market and a strong community base. This is a rare opportunity to acquire a well-situated commercial property in a desirable location at an attractive price point. Serious inquiries are encouraged to explore the potential of this versatile and strategically located mixed-use building. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1930
Total area 2,574 SF
Lot 0.11 ac (4,879 SF)
APN 63-00547.000
UPID US66-3042096

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4 E Main St Danville, OH 43014
Danville metro Census 6700 MOUNT VERNON, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2010
2 recorded transactions
2010
$175,000
2006
$193,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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