40 4Th StDayton, OH 45402

Property Details for 40 4Th St

Year built

1970

Lot size

0.68 AC

Property size (Sq ft)

63,277 SF

Property type

Office buildings

APN

R72 00504 0008

APU

R72005040008

Description

This exceptional 2,946 sq. ft. restaurant space is located on the first floor of The Deneau, a vibrant 22-story luxury high-rise in downtown Dayton. Situated within a mixed-use building, this single-tenant space boasts multiple entrances and benefits from a built-in customer base comprised of residents from over 180 luxury apartments (floors six and above) and office tenants in the lofts (floors three through five). The Deneau also features a second-floor common lounge area and a state-of-the-art 5,000 sq. ft. fitness center, creating a thriving community atmosphere. Ample parking is available, adding to the convenience for both your staff and customers. This space is ready for immediate build-to-suit, allowing you to customize the layout and design to perfectly match your restaurant concept. The location within this bustling, revitalized urban area presents a unique opportunity to establish a successful and thriving business in the heart of Dayton. This is an unparalleled chance to become part of a dynamic community and capitalize on the high foot traffic and strong resident base of The Deneau. The space is ideally suited for a cafe or restaurant seeking a prime location with significant built-in clientele and ample amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $12,141,891

  6.5%

  $11,207,899

  7%

  $10,407,335

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,245,924

  Geo Method

  $1,245,924

• Alternative Use

  Use

  Valuation

  Residential

  $13,897,795

  Hospitality

  $12,730,305

  Educational

  $10,591,465

  Medical

  $10,955,721

  Retail

  $16,475,612

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.7575

Longitude

-84.1925

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].