23,184 Sq.Ft. Commercial Building w/ Parking Lot in Danville’s River District

PROPERTY LOCATION
521 Bridge St
Danville, VA, 24541

AUCTION LOCATION
Institute for Advanced Learning and Research
150 Slayton Ave, Danville, VA
Online and phone bidding also available.

DETAILS

• Originally built as a tobacco warehouse in 1935, this beautiful brick commercial building was updated in 2004 with modern electric and HVAC and offers office, warehouse, and manufacturing space. Most recently it served as the home of Luna NanoWorks, a division of Luna Innovations.
• Located in Danville’s scenic River District close to The Crossing at the Dan, Carrington Pavilion, Danville Station, Science Center, Community Market, and River Walk
• 0.3285 acre lot zoned TWC Tobacco Warehouse Commercial District
• Property includes a private parking lot (20+ spaces) behind the building plus plenty of additional parking in adjoining public lot
  23,184 sq.ft. over 3 floors (7,728 sq.ft. per floor)
• Fully functional modern elevator and staircases in the front and rear of the building
• Plenty of power with updated electric power center
• Sprinkler system
  Loading dock with 8′ x 8′ dock high roll up door
• Beautiful, massive wood beams and vintage brick throughout
• Property is in a stage of renovation and ready for you to complete to meet your needs.
• Great for office, retail, light manufacturing, condos, or apartments
• Tax assessed for $971,300. Previously listed for $950,000.

DIRECTIONS TO PROPERTY
US-29 to Danville. Take the US-58W Business exit toward Danville. 2mi to LEFT on Main St. Qtr mile to LEFT on Memorial Dr. Qtr mile to LEFT on Newton St to RIGHT on Bridge St. Property on left.

AGENT ON SITE

• Tue, Aug.1 from noon – 2pm
• Tue, Aug.8 from noon – 2pm
• Mon, Aug.14 from noon – 2pm
• Other days available by appointment
• Agents: call for showing instructions

TERMS SUMMARY
10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer’s premium. Click on “Terms” tab for full terms and conditions.