For Sale
$425,000

78 Franklin StCenterville, OH 45459

Historic downtown Centerville, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
115
This fully leased, two-story, 2,410 square foot creative office building is located in historic downtown Centerville, Ohio. The 1900-built wood-frame structure features a mix of private offices and flexible workspace, updated bathroom, and kitchenette. The property includes eight on-site parking spaces, excellent street visibility with signage, and easy access to numerous amenities. Conveniently situated near Kettering, Miamisburg, and Beavercreek, it offers quick access to I-675 and I-75. Currently operating under a triple net (NNN) lease with a single tenant, the lease commenced July 1, 2024, and expires August 31, 2027, with two one-year lease options. The asking price is $425,000, representing a price per square foot of $176.35. The property sits on a 0.13-acre lot and is zoned for commercial use. The building is classified as Class C and boasts 100% occupancy. Rent bumps are included in the lease agreement. Parcel ID: O68-00107-0014. This presents a strong investment opportunity in a desirable location.

Highlights

  • Fully leased, 2,410 SF creative office building in historic downtown Centerville, OH.
  • 1900-built wood-frame structure with private offices, flexible workspace, updated bath, and kitchenette.
  • Eight on-site parking spaces, excellent street visibility, and easy access to I-675 & I-75.
  • Triple net (NNN) lease with single tenant; lease commenced July 1, 2024, expires August 31, 2027, with two one-year options; rent bumps included.
  • Asking price: $425,000 ($176.35/SF); 0.13-acre lot; Class C; 100% occupancy; Parcel ID: O68-00107-0014.

Property Details for 78 Franklin St

Property type
Office properties, Office space
Square Feet
2,410 SF
Class
C
Year Built
1900
Buildings
1
Stories
2
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Centerville
County
Montgomery
State
Ohio
Latitude
39.628430023731
Longitude
-84.156020743316
78 Franklin St, Centerville, Ohio

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78 Franklin St
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