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Retail Development Opportunity - Danville, VA 310 Old Riverside Dr 6,262 SF Retail Building Danville, VA 24541 $729,000 ($116.42/SF)
Investment Highlights
- The building is approximately 6,262 SF with 2 drive-in bay doors, ceiling height of 8'-14'.
- Easy access to interstates 40 and 85 makes Danville extremely well-suited to reach Mid-Atlantic markets and international shipping facilities.
- Major highways, access to interstates, rail access, proximity to the Port of Virginia, and access to multiple commercial and international airports.
- New $650M development, Caesars Virginia, a 320-room hotel and a world-class casino gaming floor, is located 2-miles (6 minutes) from this property.
- Danville, a region built on manufacturing, is located in south-central Virginia along the North Carolina border within a day’s drive.
- Goodyear, PepsiCo, Nestle USA, Anheuser-Busch, Newell Brands, and O-I Glass are among the well-known employers in the Danville metropolitan area.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 6,262 SF retail showroom for redevelopment located at 310 Old Riverside Drive in Danville, VA, on 0.5 acres. With a limited supply of retail space in the Danville market, this opportunity provides for a best-of-class investment for any established tenant.
In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275
In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,262 SF
Building Class
C
Year Built
1949
Price
$729,000
Price Per SF
$116.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.50 AC
Zoning
HRC - Highway Retail Commercial
Frontage
Amenities
- Pylon Sign
- Signage
- Smoke Detector
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 56403 | Improvements Assessment | $143,800 |
| Land Assessment | $102,800 | Total Assessment | $246,600 |
Property Taxes
Parcel Number
56403
Land Assessment
$102,800
Improvements Assessment
$143,800
Total Assessment
$246,600
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Retail Development Opportunity - Danville, VA | 310 Old Riverside Dr