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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
High Vacancy Property
Property Type
Office
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
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
26771
Land Assessment
$13,900
Improvements Assessment
$877,000
Total Assessment
$890,900
  • Listing ID: 41244287

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 417 Bridge St, Danville, VA 24541

Contact the Sale Advisor

417 Bridge St

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