11 Monument AveDayton, OH 45402

Property Details for 11 Monument Ave

Year built

1926

Construction

WOOD

Lot size

0.26 AC

Property size (Sq ft)

19,140 SF

Property type

Office buildings

APN

R72 00307 0023

APU

R72003070023

Description

This iconic Dayton office building, situated on Monument Avenue, offers a unique blend of classic charm and modern convenience. Built in 1929 and renovated in 1989, this eight-story, 50,342 square foot Class C building boasts beautiful 1920s architecture with high ceilings and classic finishes. Two available spaces range from 4,312 to 6,380 square feet, perfect for businesses seeking executive office, creative office, coworking, or traditional office space. The building features two elevators and offers 24-hour secure access via an access card system. The top floor, directly accessible from the elevator, showcases original tile and marble flooring, a stunning wood-paneled corner space, and breathtaking city and river views. Conveniently located on the Great Miami River and minutes from the Central Business District, the property provides easy access to downtown amenities. Parking options include an adjacent surface lot, street parking, and nearby covered garages. Full-service lease rates are available. The building is zoned commercial and its Montgomery County APN is R72-00307-0023. Various suite sizes are available, ranging from 400 to 6,380 square feet. This property presents a rare opportunity to lease space in a historic Dayton landmark.

• CAP approach

  CAP return

  Valuation

  6%

  $3,672,674

  6.5%

  $3,390,160

  7%

  $3,148,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $376,867

  Geo Method

  $376,867

• Alternative Use

  Use

  Valuation

  Residential

  $4,203,799

  Hospitality

  $3,850,657

  Educational

  $3,203,702

  Medical

  $3,313,882

  Retail

  $4,983,536

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.7639

Longitude

-84.1936

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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