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16-20 W Main St
Danville, IN 46122
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,569 SF
Building Class
C
Year Built/Renovated
1912/2012
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.71
Lot Size
0.50 AC
Zoning
C1
Parking
8 Spaces (1.3 Spaces per 1,000 SF Leased)
Frontage
14’ on MAIN ST

Amenities

  • Corner Lot
  • Restaurant
  • Tenant Controlled HVAC
  • Air Conditioning

About 16-20 W MAIN ST , DANVILLE, IN 46122

These two buildings were originally constructed in 1913 and have maintained a staunch presence on the square of the Hendricks County Seat. Both have been home to several different retailers over the years, most recently a bar/restaurant in the ground level space of 20 W Main. 16 W Main has a ground floor retail space of 1682 sf and an upstairs apartment of 896 sf. 20 W Main has a ground floor retail space of 1796 sf, basement of 844 sf and apartment of 952 sf. This property has a dedicated parking lot, which is rare in a downtown setting. The restaurant could easily expand into some outdoor seating within the parking spaces. Danville has a high housing demand and their most recent planning survey emphasizes the demand for apartments within the downtown setting that are walkable to town amenities and work locations. These two apartments will make beautiful one bedroom or loft apartments with open space concept kitchen and living room areas. The plumbing is already stubbed out in the apartments and their original hardwood floors are in tact and ready to finish.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 32-11-04-490-009.000-003
  • 32-11-04-490-011.000-003
  • 32-11-04-490-010.000-003
Land Assessment
$132,400
Improvements Assessment
$173,400
Total Assessment
$305,800
  • Listing ID: 13794337

  • Date on Market: 9/14/2018

  • Last Updated:

  • Address: 16-20 W Main St, Danville, IN 46122

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