Property profile

68 W Main St Danville, IN 46122

FOR SALE
Office Spaces
Property ID
US31-0690852
3,316 SF 0.06 ac lot Built 1900
Entity Owned Free & Clear
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68 W Main St, Danville, IN 46122 For Sale
Contact for pricing 3,316 SF
68 W Main St, Danville, IN 46122
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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

Location

68 W Main St Danville, IN 46122
Danville metro Census 210502 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2022
Price N/A
2016
Price N/A

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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