453 MILL Street, Danville, PA 17821 (MLS# 20-98196)
453 MILL Street, Danville, PA 17821
$810,000
Property Type:
Commercial
Baths:
7
Square Footage:
9,400
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$810,000
List Date:
9/05/2024
Last Modified:
6/05/2025
Description
Discover an exceptional opportunity to invest in one of Danville's most distinctive properties, located on the charming and historic Mill Street. This property is truly a rare find and represents an incredible chance to own a significant piece of Danville's heritage while benefiting from a highly profitable investment.
This well-maintained building offers a compelling combination of residential and commercial rental income, featuring six beautifully renovated 1-bedroom, 1-bathroom apartments alongside a substantial commercial space. The commercial unit, currently leased under a secure 4-year agreement, ensures a stable and consistent revenue stream, making this property an ideal investment for those seeking
Supplements: both immediate and long-term financial returns. Together, these units share 13 off street parking spots. All six residential apartments have been thoughtfully renovated to combine modern amenities with the classic charm of the building. Each unit has been updated to meet contemporary standards, ensuring comfort and style for tenants while maintaining the historic character that makes this property so special. Of these six units, four come fully furnished, providing a turnkey solution for both long-term and short-term rental markets. Currently, three of the furnished apartments are operating successfully as short-term rentals, generating excellent income with a high occupancy rate due to the property's prime location in Danville's vibrant downtown area.
More Information MLS# 20-98196
Contract Information
Book Section: Commercial
Assessed Valuation: 296970
Current Price: $810,000
Begin Date: 2024-09-05
Status: Closed
Sold Price: $810,000
General Property Description
Realtor.COM Type: Commercial
Apx Below Grade Finished SqFt: 0
Apx Above Grade Finished SqFt: 9400
Lot Acres: 0.14
Lot Size: 78x40
Basement: Full
Total Bathrooms: 7
Garage Stall: None
Garage Type: None
Total SqFt.: 9400
Stories: 3
Location, Tax and Other Information
Area By County: Montour County
DB Page: 472/78
Elevation Cert: No
SpecialFloodHazArea: See Remarks
School District: Danville
Taxes: 0
Remarks
Directions: From Church St, right on E Market then Right on Mill. Property on the left.
Amenities
Paved Streets: 1
Sidewalks: 1
Street Lights: 1
Details
Sign: No
Leased: Yes
# of Parking Spaces: 13
Sale: Yes
Business: No
Basement/Foundation
Concrete Floor: 1
Interior Entrance: 1
Unfinished: 1
Exterior Finish
Block: 1
Stone: 1
Services/Utilities
Water: Public
Sewer: Public
Heating: Gas Steam
Roof Type/Year
Rubber: 1
Costs/Paid By
Water Pd By: Owner
Gas/Oil Pd By: Owner
Sewer Pd By: Owner
Taxes Pd By: Owner
Insurance: 7000
Insurance Pd By: Owner
Document
Deed: 1
Tax Card: 1
Commercial Property Information Sheet: 1
Income and Expenses
Gross Profit: 130800
Annual Operating Exp: 30370
Taxes: 7000
Sold Information
Under Contract Date: 2024-10-23
Sold Date: 2024-12-27
Sold Price: $810,000
Location Tax and Other Information
Area: Danville/Riverside
House Number: 453
Street Name: MILL
Street Suffix: Street
County: Montour
State/Province: PA
Postal Code: 17821
Municipality: Danville/Riverside
PIN Number: 11-87-393
Zoning: Comm Industrial
Property Features
Amenities: Paved Streets; Sidewalks; Street Lights
Exterior Finish: Block; Stone
Document: Commercial Property Information Sheet; Deed; Tax Card
Deed ›
Listing Office:
EXP Realty, LLC
Listing Agent:
MARC NESPOLI
Last Updated: June - 05 - 2025
DISCLAIMER NOTICE: The information above is provided exclusively for the use of Members of the Central Susquehanna Valley MLS ('CSVBR-MLS'). Buyers and all other individuals not members of the CSVBR-MLS ('all non-MLS members') are NOT AUTHORIZED TO UTILIZE THIS INFORMATION AND HAVE NO RIGHT TO RELY ON IT.
All non-MLS members must independently verify all information important to them and agree to hold all members of the CSVBR-MLS harmless from all liability for the accuracy of this information if they fail to independently verify that information.
Antitrust Compliance Notice. See Notice.