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About This Home

This 0-bedroom, 0-bathroom commercial at 205 Otter Street in Danville, KY is listed for $279,000 ($37 per sqft). Built in 1949, the home offers 7,600 sqft of living space on a 0.46 acres lot.

Agent Description

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 wit

h 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

Key Features

  • Built in 1949
  • 0.47 acre lot
  • 4 stories
  • 34 parking spaces

Property Details

4 stories
34 spaces
1949

Amenities

A/C

Monthly Cost Estimate

$1,492/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,209
Insurance$81

Estimates only. Actual payments may vary.

Location

205 Otter Street

Danville, KY 40422

Downtown

Property Details

Construction

Block Brick Concrete

Cooling

Electric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 205 Otter Street is listed at $279,000 ($37/sqft). The estimated monthly payment is $1,209 based on 20% down at 6.5% interest.

Key features include: Built in 1949, 0.47 acre lot, 4 stories, 34 parking spaces.

This property is listed by Megan Moore and can be reached at (859) 509-7598 or bonniemays@mindspring.com.

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MM

Megan Moore

Agent at Lifstyl Real Estate

(859) 509-7598

Listed by Lifstyl Real Estate

MLS# 26001625· Source: listhub· Updated 77 days ago

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205 Otter Street, Danville, KY 40422

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