OH > Dayton
Dayton, OH 45403,1501 E 5th Street
Dayton, OH 45403,1501 E 5th Street
Dayton, OH 45403,1501 E 5th Street
Dayton, OH 45403,1501 E 5th Street
Dayton, OH 45403,1501 E 5th Street
Dayton, OH 45403,1501 E 5th Street
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Mark Peebles

Mark Peebles

+1(937) 572-7111
$ 450,000
Est. payment | /mo

4 Beds

4 Baths

3,835 SqFt

Save
$ 450,000
Est. payment | /mo
Save

4 Beds

4 Baths

3,835 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 3,835 sqft

Price per Sqft $117

MLS Listing ID 934126

Bedrooms 4

Half Baths 4

Year Built 1900

Annual Tax Amount $3,802

Lot Size 9,195 Sqft

Lot Dimensions .2111

Property Sub-Type Investment

Property Description

Opportunity here with a cap rate of over 11%. Current owner is looking to do a sale/leaseback with a long term master lease for the building which includes a real estate brokerage and a salon/spa. Under the master lease, tenant would be responsible for maintenance and repair. The building has been fully renovated in the past two years. 2 HVAC systems, all plumbing, electric, roof, windows, interior and exterior paint. Property sits on a double lot with a new parking lot and green space with outdoor seating. Property is zoned mature neighborhood commercial which allows for single family, multi family and various commercial/office uses.

Location

State OH

County Montgomery

Zoning Residential,Business,Commercial,Historic,Multiple,Office

Rooms

Basement Full, Walkout

Second Level, 14*8 Bedroom

Second Level, 13*17 Bedroom

Second Level, 12*13 Bedroom

Second Level, 12*10 Bedroom

Interior

Heating Forced Air

Cooling Central

Exterior

Parking Features None

Utilities Available City Water, Natural Gas

Building

Level or Stories 2 Story

Structure Type Brick

Schools

School District Dayton

Others

Ownership LLC

Dayton MLS (DTON)
Listed by Local Roots Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(937) 572-7111

mark@peeblesgrp.com

15 Commercial Way, Springboro, OH, 45066-3078, USA

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1501 E 5th Street