205 Otter Street
Danville, KY, 40422 $ 279,000
Bedrooms-- Baths-- Sq 7,600 Monthly Estimate*
$ 1,718
for $279,000. This 7,600 square foot building was built in 1949 on a lot size of 0.47.
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
See more
FeaturesGeneralSewer Public Sewer
Heating Other
Cooling Other
Utilities Cable Available Electricity Not Available Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Zoning Other
Construction Materials Block Brick Concrete
Year Built 1949
Property Subtype Mixed Use
Parcel Number D08-014-017
Business Type Other
County Boyle
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Downtown
Building Features Vinyl Flooring Partially Carpeted
Status Active
Directions From Main St in Danville take Wilderness Trail to the right past the post office then left on Otter street.
City Danville
Zoning Description highway commercial
MLS Area 012 - Boyle County
Lot Size Units Acres
Lot Size Square Feet 20255.4
Land Lease Y/N N
MLS Area Minor 012 - Boyle County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
See more
InteriorBasement Finished Walk-Out Access Walk-Up Access
Total Stories 4
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
See more
ExteriorParking Features Paved
Total Parking 34.0
Lot Size Area 0.47
Building Area Total 7600.0
Lot Size Acres 0.47
Crops Included Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByLifstyl Real EstateBroker
meganmoore0517@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,718
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Danville, KY
Average List Price $397,657
Percent of Sale Price 43%
About Danville, KY 16,883 Population
8% Since 2002
$ 39,033 Median Income
39.16 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/23/2026 | $279,000 | | Listed Price |