Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

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
Bank
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
155’ on North Union Street

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
21848
Land Assessment
$20,700
Improvements Assessment
$501,800
Total Assessment
$522,500
  • Listing ID: 31781670

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 201 N Union St, Danville, VA 24541

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}