32 Main StDayton, OH 45402

Property Details for 32 Main St

Year built

1910

Construction

FRAME

Lot size

0.20 AC

Property size (Sq ft)

1,858 SF

Property type

Investment properties

Property subtype

Live-work space

APN

H33 00301 0006

APU

H33003010006

Description

This exceptional freestanding retail property, located at 32 S. Main Street in Dayton, Ohio, presents a unique investment opportunity. Boasting 6,386 square feet across two stories (4,406± SF on the first floor and 1,980± SF on the second), this building is situated in the heart of downtown, less than a mile from the Central Business District. Its prime location across from The Hub and Dayton Arcade ensures high visibility and foot traffic. Built in 1910, the property benefits from recent upgrades including a new HVAC system with updated ductwork, an ADA-compliant restroom, and a regularly maintained roof. All electrical systems are up to code. The 0.48-acre lot is zoned CBD, offering flexibility for various retail uses. This property enjoys exceptional proximity to numerous amenities, including restaurants, banks, other retail establishments, the Oregon District, and the RTA. With over 11,000 cars passing daily on S. Main Street, this location offers unparalleled exposure for your business. The asking price is $415,000, translating to $64.99 per square foot. This is a rare chance to acquire a well-maintained, centrally located retail building in a thriving downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $294,354

  6.5%

  $271,711

  7%

  $252,303

• Comparable approach

  Method

  Valuation

  Relative Method

  $143,845

  Geo Method

  $36,584

• Alternative Use

  Use

  Valuation

  Residential

  $336,922

  Hospitality

  $308,619

  Educational

  $256,767

  Medical

  $265,598

  Retail

  $399,416

Location Insight

City

Trotwood

County

Montgomery

State

Ohio

Latitude

39.7971

Longitude

-84.3094

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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