147 National RdVandalia, OH 45377

Property Details for 147 National Rd

Year built

1890

Construction

FRAME

Lot size

0.26 AC

Property size (Sq ft)

2,659 SF

Property type

Investment properties

Property subtype

Live-work space

APN

B02 00102 0028

APU

B02001020028

Description

This 4,156 square foot storefront, located at 147 W National Rd in Vandalia, Ohio, is available for $245,000 ($58.95/sq ft). The property boasts a prime location on the historic Route 40/National Road, experiencing high traffic volume. Its proximity to Dayton International Airport, major businesses, and distribution hubs makes it exceptionally attractive. Convenient access to I-70 (0.65 miles) and the I-75/I-70 interchange (2.48 miles) further enhances its accessibility. The building, constructed in 1950, features a whitebox renovated interior, including a new HVAC system, windows, and roof with new wood decking. The 0.26-acre lot provides ample parking for 17 vehicles. The property is zoned for retail commercial use and offers a versatile space suitable for retail, service businesses, gift shops, professional offices, or medical practices. The building is a two-story structure with one building. This is a vacant property ready for immediate occupancy. The area is surrounded by numerous major retailers and restaurants.

• CAP approach

  CAP return

  Valuation

  6%

  $510,222

  6.5%

  $470,974

  7%

  $437,333

• Comparable approach

  Method

  Valuation

  Relative Method

  $52,356

  Geo Method

  $52,356

• Alternative Use

  Use

  Valuation

  Residential

  $584,007

  Hospitality

  $534,948

  Educational

  $445,070

  Medical

  $460,377

  Retail

  $692,331

Location Insight

City

Vandalia

County

Montgomery

State

Ohio

Latitude

39.891

Longitude

-84.2009

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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