205 Otter St - Churches FOR SALE


Danville, KY 40422
$279,000 USD
786-239-5198
205 Otter St, Danville, KY for Sale
$279,000 USD
Churches - FOR SALE
1/33
null | Request Cap Rate

205 Otter St
Danville, KY 40422


OVERVIEW

This remarkable multi-level property presents a rare and exciting opportunity for Congregations, investors, or visionaries seeking a one-of-a-kind property or adaptive reuse for business ventures. Ideally located near Main Street and downtown Danville, the building offers excellent visibility and accessibility, along with approximately 34 paved parking spaces. The property is well-suited for renovation into a unique commercial space, event venue, mixed-use concept, or an extraordinary mansion conversion. The fully finished basement adds substantial functional space and includes a coat room, large fellowship hall, utility room, a kitchen equipped with a refrigerator, stove, and sink, One full bathroom with a double vanity, three multipurpose rooms, a water fountain, and two exterior access points, making it ideal for gatherings, offices, or business space. The main floor features a welcoming front entry area, water fountain, a large auditorium/sanctuary, a baptismal pool, confessional, three half baths, and two exterior access points, offering flexible options for open-concept redesign or continued assembly use. Upper levels further enhance the property's versatility. The second floor includes a large multipurpose room with potential half bath, gallery balcony overlooking the main auditorium with exterior access. The third and fourth floors each provide an additional multipurpose room, suitable for offices, studios, bedrooms, or creative spaces. The large unfinished attic offers even more potential leading into the two finished multipurpose rooms, half bath, and exterior access, allowing for future expansion or customization. Buyers are encouraged to independently verify lot size, building square footage, zoning, permitted uses, and all aspects of the property. The building and real estate are being sold as-is. This is truly an investor's dream with endless possibilities in a prime downtown-adjacent location. More photos to follow of upper level rooms

FOR SALE DETAILS

PRICE

$279,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

-

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

Highway commercial

APN/PARCEL ID

D08-014-017

ASK ABOUT THIS PROPERTY

Megan MooreHomeSmart Evergreen RealtyMore Info
786-239-5198

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Megan MooreHomeSmart Evergreen RealtyMore Info
786-239-5198

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