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Property profile & analytics
OFF-MARKET
Office Spaces

68 Main St Danville, IN 46122-1704

3,316 SF 0.06 ac lot Built 1900
Entity Owned Free & Clear
Property ID
US31-0690852
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 68/72 W Main St in Danville, Indiana (APN 321104490007000003), offers a unique investment opportunity. The 2,000 square foot, two-story building sits on a 2,614 square foot lot and is zoned for commercial use. Completely renovated in 2020 with high-end materials, the property boasts nine luxury executive offices featuring 10-foot ceilings, recessed lighting, ceramic tile, ceiling fans, and laminate flooring. Amenities include a large conference room, a full kitchen, and a spacious retail shop with a trayed ceiling and ceiling fan. Additional features include an assistant's office, a file room, and a 20x15 storage room. All offices have keyless entry. The building also includes four remodeled apartments upstairs: two one-bedroom units, one two-bedroom unit, and a manager's efficiency unit. The property features a rear entry with public parking and a prominent front office with large display windows, marble tile floors, and trim. Currently, the occupancy rate is 90%, with an asking price of $1,100,000 ($550/sq ft). Note that this property consists of two separate buildings. This prime location in downtown Danville, adjacent to the Mayberry Café, presents a compelling investment opportunity with strong potential for future growth and high rental income.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Construction WOOD
Total area 3,316 SF
Lot 0.06 ac (2,614 SF)
APN 32-11-04-490-007.000-003
UPID US31-0690852
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tisd LLC
Tisd LLC
since 2025
3 recorded transactions
2025
Price N/A
2022
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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