18 W First St 8,500 SF Office Building Dayton, OH 45402 $273,000 ($32.12/SF)






INVESTMENT HIGHLIGHTS
- Online Auction ending 3-20-25
- Opening bid is $273,000
- See OhioRealEstateAuctions dotcom
- Redevelopment Opportunity
EXECUTIVE SUMMARY
Online Auction ending on Thurs. March 20 at Noon. See OhioRealEstateAuctions dotcom for full details and to bid online. Iconic Downtown Dayton Building Awaits Transformation! 18 W. First St, Dayton, OH 45402. Online bidding starts at $273,000. The BUY IT NOW price is $400,000. This impressive 9,060 sq ft building, formerly the prestigious Myers & Frayne Co. LPA law office is now available for Auction. Located in the heart of Dayton's central business district, just steps from the Victoria Theatre, Schuster Center, Courthouse, and countless dining and entertainment options, this 1922 property offers unparalleled potential. The building features a grand entryway, stunning stained-glass windows, original heavy wood doors, and unique architectural details throughout. The first floor (4,100 sq ft) and second floor (4,740 sq ft + 220 common area) each contain 12 rooms, with a loft on the second floor. Imagine the possibilities for a high-end residential conversion, maintaining the existing condo association structure, or a variety of other permitted commercial uses. Recent roof replacement by Cotterman & Company. Partial basement with file room and mechanicals. The Sprinkler system is currently drained, multiple HVAC zones, and a large kitchen/break room. No on-site parking, but a large parking garage is directly across the street. Land area: .1955 acres. Online auction: Bidding ends on Thurs. March 20 at noon. The property is vacant. Text the Auctioneer for an easy showing: 937-581-3037
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
8,500 SF
Building Class
C
Year Built/Renovated
1922/1992
Price
$273,000
Price Per SF
$32.12
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,250 SF
Slab To Slab
12’
Opportunity Zone
Yes
Zoning
CBD - The Central Business (CBD) District. This District is designed to maintain and reinforce the highly active, high-intensity, and concentrated mix of use
AMENITIES
- Bus Line
1 of 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $31,810 (2024) | |
Land Assessment | $24,500 (2024) | Total Assessment | $56,310 (2024) |