Dan River Falls 424 Memorial Dr 1,000 - 78,639 SF of Flex Space Available in Danville, VA 24541

Positioned along the Dan River, Dan River Falls offers a highly visible riverfront redevelopment opportunity within one of Southern Virginia’s most active and rapidly evolving districts. The site benefits from direct adjacency to Riverfront Park and the Riverwalk Trail, which generate consistent year-round activity through outdoor recreation, community events, and daily local use. Located within Danville’s award-winning River District, the property is integrated with a walkable downtown environment featuring locally owned restaurants, retail, office space, and residential development. The site also benefits from proximity to Caesars Virginia, a major regional destination that contributes to increased visitation and ongoing economic activity within the River District and surrounding areas. This connectivity reinforces the site’s role as a natural extension of downtown and supports a mix of commercial and experiential uses. The region continues to demonstrate strong tourism and economic momentum, with Danville and Pittsylvania County recognized as one of Virginia’s fastest-growing visitor destinations. Sustained public investment and increasing visitation support viable opportunities for destination retail, food and beverage, and mixed-use concepts in high-visibility locations. The existing historic mill structure offers highly flexible, large-format floor plates suitable for adaptive reuse and subdivision. Spaces can accommodate a variety of commercial uses—including retail, food and beverage, office, and experiential concepts with the ability to configure layouts to meet project-specific needs. The building is delivered in shell condition, allowing for full customization and phased redevelopment to support single or multi-tenant occupancy. Public incentives may be available to support redevelopment, subject to project scope and approval.