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PREMIER DOWNTOWN REDEVELOPMENT PROPERTY 126 S Union St

22,752 SF 100% Leased Light Industrial Building Danville, VA 24541 £633,072 (£28/SF)

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Investment Highlights

Located in the Heart of Downtown Danville
Private Off Street Parking

Corner Lot Across From City of Danville Municipal Building & Court House

Executive Summary

Prime Downtown Redevelopment Property with Private Parking Lot, Situated in the Heart of Danville's Downtown Central Business District, Located across from the City of Danville Municipal Building, Court House and the Newly Renovated Bee Hotel. 22,752 Square Feet of Space on Two Levels. 4-5 Commercial Leasable Business & Office Spaces plus Unfinished Upstairs could be Transformed into Apartments. Contact Michael for More Details.

Property Facts Under Contract

Price	£633,072	Lot Size	0.58 AC
Price Per SF	£28	Rentable Building Area	22,752 SF
Sale Type	Investment or Owner User	Number of Floors	2
Sale Conditions	Development Sale	Year Built/Renovated	1900/1984
Property Type	Light Industrial	Parking Ratio	1.32/1,000 SF
Property Subtype	Light Distribution Office Office Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	£633,072
Price Per SF	£28
Sale Type	Investment or Owner User
Sale Conditions	Development Sale
Property Type	Light Industrial
Property Subtype	Light Distribution Office Office Residential
Building Class	C
Lot Size	0.58 AC
Rentable Building Area	22,752 SF
Number of Floors	2
Year Built/Renovated	1900/1984
Parking Ratio	1.32/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.