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201 N Union St
Danville, VA 24541
Retail Property For Sale


Investment Highlights
- Former bank building
Executive Summary
Don't miss this RARE Opportunity to own a piece of Historic Danville in the midst of Danville's Revitalization! There is 8,010 sq feet and is formerly known as First State Bank and more recently Movement Bank. There are 3 entrances. This building has 2 stories. The first includes a large lobby currently set up with 5 teller lines, 5 offices, 2 bathrooms, drive thru window, vault, etc. There is an elevator that goes to the 2nd floor. Upstairs there are private offices as well as a large room that has multiple offices totaling 10 office spaces, break room, conference room etc. The roof is approx 6 years old. There is endless opportunities for any business to thrive in this downtown location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,050 SF
Building Class
B
Year Built
1975
Price
$599,900
Price Per SF
$148.12
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBC - Central Business Commercial
Parking
10 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 21848 | Improvements Assessment | $501,800 |
| Land Assessment | $20,700 | Total Assessment | $522,500 |
Property Taxes
Parcel Number
21848
Land Assessment
$20,700
Improvements Assessment
$501,800
Total Assessment
$522,500
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
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