225 Walnut StTroy, OH 45373

Property Details for 225 Walnut St

Year built

1929

Lot size

0.43 AC

Property size (Sq ft)

10,560 SF

Property type

Commercial real estate

APN

D08-012090

APU

D08012090

Description

This exceptional 10,560 square foot retail property in Troy, Ohio, presents a compelling investment opportunity. Strategically located just three blocks from the vibrant Troy Public Square, this well-maintained building enjoys high visibility and convenient access to a wealth of shopping and dining establishments. The property boasts a substantial 6,960 square foot retail space currently occupied by a long-term tenant, Genuine Auto Parts Store, under a secure lease extending through 2028. This provides immediate and consistent income potential for investors. In addition to the main retail area, the property includes a 3,600 square foot service repair garage, offering further income generation or expansion possibilities. A significant advantage is the inclusion of over 3,000 square feet of mezzanine space, perfect for inventory storage or additional operational needs. The building features three overhead doors for efficient loading and unloading, and ample parking is provided with over 25 off-street spaces. The 3,600 square foot service repair garage is currently available for lease, presenting an opportunity to increase rental income. Situated on a 0.42-acre lot, this property offers a turnkey solution for investors seeking a stable, high-return investment or business owners looking to establish a presence in a thriving downtown location. The combination of a strong anchor tenant, versatile space, and prime location makes this a truly exceptional opportunity. The asking price is $660,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,319,338

  Hospitality

  $2,124,500

  Educational

  $1,767,560

  Medical

  $1,828,349

  Retail

  $2,749,537

Location Insight

City

Troy

County

Miami

State

Ohio

Latitude

40.0364

Longitude

-84.2041

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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