Office Building - Danville, KY

27,000+/- SF Income-Producing Office Building

Bidding period not set.
Bid Increment: $900,000.00
Starting Bid: $900,000.00
Property Location: 236 W. Main Street, Danville, KY 40422

Suggested Opening Bid: $900,000

Recently Appraised Value: $1,410,000

ON-SITE INSPECTIONS: MAY 24 & 31 - 11:00 AM TO 12:00 PM EST

  • Downtown location at US-127 & Route 34
  • Current tenants: Coffee House, Centre College Bookstore, Edward Jones, and the Spine Center
  • 2016 NOI - $82,000 (60% Occupancy)

REQUIRED TO BID:  A deposit of $10,000 is required to participate in the online auction. 

TERMS OF SALE:  This auction is being conducted subject to the Terms of Sale, as stated in the Virtual Data Room and Purchase and Sale Agreement. The property is being sold “AS-IS, WHERE-IS”.

BUYER’S PREMIUM:  A 6% Buyer’s Fee will be added to the High Bid Price, per the Terms of Sale, unless otherwise indicated in the published materials.

BROKER PARTICIPATION INVITED:  A co-op fee of 2% will be paid to the REALTOR®/Broker whose registered buyer closes on the property offered as part of this auction. Please refer to the Buyer/Broker registration requirements in the Terms of Sale, which can be found in the Virtual Data Room.

The information contained herein is subject to inspection and verification by all parties relying on it. No liability for its inaccuracy, errors, or omissions, are assumed by the Sellers, their representatives or Auctioneer.

ALL SQUARE FOOTAGE, ACREAGE AND DIMENSIONS IN THIS BROCHURE ARE APPROXIMATE. This offering is subject to prior sale and may be withdrawn, modified or canceled without notice at any time. This is not a solicitation nor offering to residents of any state where this offering may be prohibited.

In cooperation with Mike Skees KY Broker & James Keith KY Auctioneer.

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