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417 Bridge St 55,756 SF Office Building Danville, VA 24541 $3,899,999 ($69.95/SF)



Executive Summary
Exceptional investment opportunity located on a charming cobblestone street, this former tobacco warehouse is an ideal redevelopment or income-producing project. The first floor has been renovated as Class A office space, providing immediate lease income while preserving the building’s historic character and long-term redevelopment potential. This substantial property is well suited for adaptive reuse, commercial occupancy, office expansion, mixed-use development, or a signature historic restoration project. Notable infrastructure includes 16-inch-thick concrete floors, a fully maintained, 6 passenger elevator, a 60kw natural gas fail-over generator, security system with cameras, and a 4,000-pound hydraulic lift in the basement. The property also benefits from an easement and access to a courtyard between surrounding buildings, adding flexibility and appeal for future use.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
55,756 SF
Building Class
B
Year Built/Renovated
1924/2007
Price
$3,899,999
Price Per SF
$69.95
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
13,939 SF
Building FAR
4.00
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
TWC - TWC Tobacco Warehouse Commercial
Amenities
- Courtyard
- Security System
- Fiber Optic Internet
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 26771 | Improvements Assessment | $877,000 |
| Land Assessment | $13,900 | Total Assessment | $890,900 |
Property Taxes
Parcel Number
26771
Land Assessment
$13,900
Improvements Assessment
$877,000
Total Assessment
$890,900
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Contact the Sale Advisor
417 Bridge St
