109 Main StDayton, OH 45402

  • Office properties
  • 3,495 SF
For Sale

Property Details for 109 Main St

Year built
2003
Lot size
0.01 AC
Property size (Sq ft)
3,495 SF
Property type
Office properties
Property subtype
Office buildings
APN
R72 51413 0001
APU
R72514130001

Description

This exceptional Class A office building, located at 109 N. Main Street in Dayton, Ohio, presents a unique investment or leasing opportunity. The property, situated on a 0.73-acre lot in Montgomery County (APN R72-51413-0047), boasts a total of 198,000 square feet across its 17 stories. Built in 2003, this single building offers multiple tenancy options, with a minimum divisible space of 3,500 square feet and a maximum contiguous space of 14,803 square feet. Currently, 23,020 square feet of space is available. The building's prime location in downtown Dayton places it in close proximity to major corporate tenants such as CareSource, Premier Health Partners, and Key Bank, as well as the University of Dayton and Sinclair Community College. This strategic location offers unparalleled access to a thriving business community and a highly skilled workforce. The property's "A" classification reflects its high-quality construction and modern amenities. This is an exceptional opportunity to secure a presence in one of Dayton's most desirable commercial locations. The building's size and flexibility make it suitable for a variety of businesses, from small executive offices to larger corporate headquarters. Interested parties are encouraged to inquire about available space and leasing terms. The property's prime location and high-quality construction make it an attractive investment opportunity in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $670,637
    6.5%
    $619,050
    7%
    $574,832
  • Comparable approach

    Method
    Valuation
    Relative Method
    $68,817
    Geo Method
    $68,817
  • Alternative Use

    Use
    Valuation
    Residential
    $767,622
    Hospitality
    $703,137
    Educational
    $585,002
    Medical
    $605,121
    Retail
    $910,003
109 Main St, Dayton, Ohio
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Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.7615
Longitude
-84.1929
CBSA code
19430
CBSA name
DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,272
$26,250
$73,930
$100,180
-
$75,000
$211,230
$286,230

FAQs

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