1501 E 5th St - Storefront Retail/Residential FOR SALE


Dayton, OH 45403- Oregon
$450,000 USD
937-308-1883
1501 E 5th St, Dayton, OH for Sale
$450,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | 11.41% Cap Rate

1501 E 5th St
Dayton, OH 45403
Oregon


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

11.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Mature Neighborhood Com.

APN/PARCEL ID

R72-01204-0090

ASK ABOUT THIS PROPERTY

Rachel GannonLocal Roots RealtyMore Info
937-308-1883

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Rachel GannonLocal Roots RealtyMore Info
937-308-1883

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.