2690 Old Richmond Road - Office FOR SALE


Danville, VA 24540
$95,000 USD
804-334-4558
2690 Old Richmond Road, Danville, VA for Sale
$95,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

2690 Old Richmond Road
Danville, VA 24540


HIGHLIGHTS

  • Online & Onsite Public Auction – Live Auction Onsite at the Property on May 15th from 1:00-1:30 P.M.
  • Laydown Yard – 1.36 AC, Zoned Heavy Industrial M-2, Vacant Lot
  • 2690/2652 Old Richmond Rd. – 1.51 AC, Zoned Highway Business District B-2, 3 Commercial Buildings
  • Minutes to Danville Airport
  • The tenant renting the office building is paying $1200 per month, lease ends on September 30, 2025

OVERVIEW

BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER! This prime commercial property package in Danville, VA offers a unique investment opportunity. The parcel with 2690, 2652 and 2650 Old Richmond Road is 1.51± AC and zoned B-2 for highway business, includes three commercial buildings suitable for retail, office, or mixed-use purposes. The 1.36± AC vacant laydown yard is zoned M-2 for heavy industrial use, presenting ideal development potential for manufacturing, warehousing, or distribution. With a combined land area of 2.87 acres and a strategic location on a high-traffic corridor within minutes of the Danville Airport, this property package offers significant flexibility and growth potential in a thriving market. Features: Online & Onsite Public Auction – Online Auction opens on Monday, May 12th at 9:00 a.m. Live Auction Onsite at the Property on May 15th from 1:00-1:30 P.M. Auction closes at 1:30 p.m. for both live and online bidding. (3) Buildings: Residential home, workshop/storage building, and 2nd office available for rent 2690 Old Richmond Rd. – Residential home with a full basement 2652 Old Richmond Rd. – 3-bay garage/workshop 2650 Old Richmond Rd. – Office building Laydown yard Both parcels totaling 2.87± AC will be sold together in entirety. This property has a lease until September 30, 2025 for the brick office and the workshop. The tenant pays $1,200 per month plus utilities. He does not pay the property taxes.

FOR SALE DETAILS

PRICE

$95,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Formerly Marshall Construction Headquarters

PROPERTY TYPE

Office

ADD'L SUBTYPES

Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.87 AC

LAND SF

125,017 SF

ZONING

Industrial

APN/PARCEL ID

2338-05-3600,2338-05-5127

ASK ABOUT THIS PROPERTY

Ernie RogersMotleys Commercial Real EstateMore Info
804-334-4558

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Ernie RogersMotleys Commercial Real EstateMore Info
804-334-4558

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.