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.
Property Details
General Information
| Property Type | Residential |
|---|---|
| Style | Investment |
| Suburb | Dayton |
| Zip Code | 45403 |
| School District | Dayton City SD |
| MLS# | 934126 |
Additional Information
| Levels | 2 Story |
|---|---|
| Construction | Brick |
| Lot Dimensions | .2111 |
| Total Acres | 0.211 |
| Occupancy | Tenant |
| Semi-Annual Taxes | $1,901.37 |
Property Features
| Property SqFt. | 3,835 |
|---|---|
| Basement | Full, Walkout |
| Garage | None |
| Cars | 0 |
| Heating | Forced Air |
| Cooling | Central |
Additional Features
Room Information
| Dimensions | Level |
|---|
Bedroom Information
| Dimensions | Level | |
|---|---|---|
| Bedroom 2 | 14 x 8 | 2ND |
| Bedroom 3 | 13 x 17 | 2ND |
| Bedroom 4 | 12 x 13 | 2ND |
| Bedroom 5 | 12 x 10 | 2ND |
Bathroom Information
| Type | Level |
|---|
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1501 5th ST
DAYTON, OH 45403
Residential: Investment
Listing # 934126
Agent Remarks:
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.
Driving Directions:
5th st.
This listing courtesy of Local Roots Realty. All Information is believed accurate, but is NOT guaranteed.
| Price | $450,000 |
|---|---|
| Rooms | 4 |
| Bedrooms | 4 |
| Bathrooms | 0 - 4 |
| Levels | 2 Story |
| Basement | Full, Walkout |
| Garage | None |
| Cars | 0 |
| Construction | Brick |
| Lot Dimensions | .2111 |
| Total Acres | 0.211 |
| Suburb | Dayton |
| School District | Dayton City SD |
| Heating | Forced Air |
| Cooling | Central |
| Occupancy | Tenant |
| Semi-Annual Taxes | $1,901.37 |
All information is believed accurate, but NOT guaranteed.
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