2025 North Main Street

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2025 North Main Street

Danville, VA 24540
Asking Price
$549K
Asset Type
Storefront Retail
Class
Class B

What's Special

Former Funeral Home Building <p><span style="color: rgba(33, 37, 41, 1)">2 Large Commercial Buildings in Prime Location For Any Business Opportunity in North Danville! Formally Barker Funeral Home, this property is located at the corner of N Main & Third Ave making this a prime location. These 2 large buildings could be renovated to accommodate the needs of many different business ideas. There is a total of 25 rooms with 8 bathrooms, 2 garages currently used to park the hurst, Chapel that seats approx 250 ppl with 23 pews,

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NOI
$80,000
Cap Rate
14.57%
DSCR
2.45
Strong
Cash-on-Cash
28.78%
Monthly Payment
$2,716.152
Annual Cash Flow
$47,406.171

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