Bankruptcy Auction: 5 Acres on S Main St Danville VA

Live auction by TRF Auctions

Starts Jul 31, 2026 12:30 PM EDT

Location: S Main St & Fulton Heights, Danville, VA 24541

PROPERTY LOCATION S Main St between Fulton Heights and Updike Pl (next to 1610 S Main St) Danville, VA 24541 AUCTION LOCATION Live public auction held at: The Institute for Advanced Learning & Research 150 Slayton Ave, Danville, VA Online and phone bidding available with advanced registration (at least 24 hours prior). DETAILS Selling for the U.S. Bankruptcy Court. 4.84 acres fronting on 3 roads including S Main St, Fulton Heights, and Updike Place Great commercial / investment opportunity with excellent frontage and visibility on S Main St near Food Lion and Dollar General Consists of 4 tax parcels (75861, 75860, 77624, 75922) 2 parcels (~3.5 acres) zoned HB Highway Business & 2 zoned UR Urban Residential Public utilities available Water: 6" & 12" lines available Sewer: 8" line available Gas: 3" & 12" PE lines available Previously listed for $350,000 Frontage: S Main (477ft), Fulton Heights (575ft), Updike Pl (255ft) Conveniently located just off the Danville Expressway (US-29, US-58) near the hospital, Averett University, Caesars Casino, and much more. DIRECTIONS TO PROPERTY From the North: take US-29 South to Danville. Take the VA-86/S Main St exit toward Yanceyville/Chapel Hill.  Merge onto S Main St and property will be on the right (corner of S Main and Fulton Heights). PREVIEW DATES An agent will be at the property on the following days. Friday, July 24 from Noon-2PM Private showings are available by appointment. Call Mike at 434-847-7741 Self-guided tours ok anytime during daylight hours TERMS SUMMARY 5% buyer's premium. 10% deposit. Closing on or about 30 days. High bid subject to Bankruptcy Court approval. Click on "Terms" tab for full terms and conditions. CONTACT Mike Torrence Torrence, Read, & Forehand Auctions 101 Annjo Ct, Forest, VA 24551 (434) 847-7741 Office (434) 660-5159 Mobile mike@trfauctions.com or  Micah Torrence  (434) 610-3182 micah@trfauctions.com

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