434 E 1st St
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434 E 1st St
12,548 SF Office Building Dayton, OH 45402 $2,000,000 ($159/SF) 8% Cap Rate
Investment Highlights
- Across from Day Air Ballpark
- Surrounded by various food and entertainment spaces like Brixx Ice Company and Club Evolution
Executive Summary
12,548 SF office space that spans a basement and 3 floors in a mixed use building that is currently occupied. Tenant is a long term tenant, with a desire to stay and still under lease. The entire building was renovated in 2004. 27 gated off street parking spots are included on the corner of Sears and Second St.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
12,548 SF
Building Class
C
Year Built/Renovated
1913/2004
Price
$2,000,000
Price Per SF
$159
Cap Rate
8%
NOI
$160,000
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
4,183 SF
Building FAR
1.92
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
UBD - Designed to support a mix of commercial, residential, and office uses in a way that promotes urban development and revitalization.
Parking
27 Spaces (2.15 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (84)
PROPERTY TAXES
Parcel Number | R72-51463-0003 | Improvements Assessment | $211,840 |
Land Assessment | $45,090 | Total Assessment | $256,930 |
PROPERTY TAXES
Parcel Number
R72-51463-0003
Land Assessment
$45,090
Improvements Assessment
$211,840
Total Assessment
$256,930
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434 E 1st St
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