129 E Main St, Danville, KY 40422

$349,500
6
BD
3
BA
1,715
SqFt

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List Price
$349,500
MLS#
25500623
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
1,715
Lot Size
11,325

Property Description

Seller is looking for someone with a vision who wants to enhance East Main Street! This property is adjacent to a brick commercial strip mall currently housing Dominoes Pizza, Dollar General and Martial Arts Studio. Across the street is the US Post Office and several busy commercial buildings including the one directly across the street, approximately the same size lot, that sold for $595,000 earlier this year! The building currently on the lot at 129 E. Main is probably around 80 years old. It is configured into 3 living units. The apartment on the main floor has a full kitchen, full bath and 2 bedrooms. There is also a large space currently being used for a Hair Salon but could be potentially any sort of office you need. The building was extensively remodeled in 2000 and is in great shape. But if your vision goes toward building something else, two contractors have estimated the tear down and removal of this building to be $20,000-$30,000. Site grading maybe another $20,000-$30,000. As long as the underground water table is allowed to freely run there should be no problems constructing a building and parking lot. Of course, you are encouraged to have your contractor take a look at it and talk to the city engineer and city manager, as we have done. Seller is willing to consider a reasonable offer.

Additional Information

Roof
Metal
Zoning
R-1C
Elementary School
Hogsett
Middle School
Bate
High School
Danville

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Calculator source: Real Geeks

Listing courtesy of Dexter Real Estate.