For Sale
$449,000

502 Wayne Ave Dayton, OH 45410

Mixed-use building, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use investment opportunity, located at 502 Wayne Ave in Dayton, Ohio's vibrant Oregon District, presents a compelling proposition for discerning investors. The two-story, 6,606 square foot building, constructed in 1925, boasts a prime location just blocks from the Oregon District and the central business district (CBD), offering convenient access to US-35. The property features a first-floor retail space of approximately 2,400 square feet, potentially divisible to suit various tenant needs. Above, a spacious 2,400 square foot second-floor apartment provides an open concept layout with 2-3 bedrooms, 1.5 bathrooms, and laundry facilities. Adding to its appeal are two oversized parking garage/storage areas, providing ample space for tenants or owners. Rear alley access and convenient street parking further enhance the property's functionality. The property sits on a 0.112-acre lot and is zoned MNC (Mature Neighborhood Commercial), reflecting its suitability for a range of commercial and residential uses. Currently vacant, the property is available for occupancy on November 1, 2024. The asking price is $449,000, translating to $67.97 per square foot. This presents a rare chance to acquire a well-situated, versatile property in a thriving Dayton neighborhood. The property's size, location, and zoning make it an ideal investment for both short-term and long-term growth.

Highlights

  • Exceptional mixed-use investment opportunity in Dayton, OH's Oregon District.
  • 6,606 SF two-story building on a 0.112-acre lot, built in 1925.
  • Prime location blocks from Oregon District and CBD, with easy US-35 access.
  • First-floor retail space (approx. 2,400 SF), potentially divisible.
  • Second-floor apartment (approx. 2,400 SF) with open concept, 2-3 bedrooms, 1.5 baths, and laundry.
  • Two oversized parking/storage areas and rear alley access.

Property Details for 502 Wayne Ave

Property type
Retail properties, Mixed-use properties
Square Feet
6,606 SF
Year Built
1925
Buildings
1
Stories
2
Lot Size (sq. ft)
4,879 SF

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.755493075257
Longitude
-84.180378695112

FAQs

What type of property is this?
Retail property - Mixed-use building, high-traffic location.
Where is the retail property located?
The property is located at 502 Wayne Ave Dayton, OH.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Dayton, OH's Oregon District.; 6,606 SF two-story building on a 0.112-acre lot, built in 1925.; Prime location blocks from Oregon District and CBD, with easy US-35 access.
How can I contact the broker?
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502 Wayne Ave
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