613 Berry Ave
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613 Berry Ave
8,153 SF 14% Leased Retail Building Dayton, KY 41074 $499,900 ($61/SF)
Investment Highlights
- The commercial space includes a large historic bar, party rooms for events and entertainment, restrooms, a walk-in cooler, and an outdoor patio area.
- This anchor property is located within Dayton's 'Ropewalk' Entertainment District and promises significant potential for growth and development.
Executive Summary
This is your opportunity to be part of Dayton's amazing revitalization! This multi-unit building offers over 7,000 square feet of space, featuring a commercial area perfect for a bar or restaurant on the first floor (previously Tony's Ole Saloon) and four occupied apartments on the second floor. The commercial space includes a large historic bar, party rooms for events and entertainment, restrooms, a walk-in cooler, and an outdoor patio area. This anchor property is located within Dayton's 'Ropewalk' Entertainment District and promises significant potential for growth and development. The four apartments consists of one one-bedroom unit and three studio units, all occupied on a month-to-month basis, ensuring immediate rental income. An active liquor license is transferred with the sale. The City of Dayton has many economic development tools and grants available for qualifying businesses looking to renovate!
Agent Only Remarks: Buyer to verify all info. All units are month to month. Total monthly rent is $3,145 for apartments on second floor. Unit 1: $945 Unit 2: $750 Unit 3: $650 Unit 4: $800
Commercial is entire first floor. Landlord pay utilities. Gas/electric average $1,000-$1,200/mo. for entire building.
Directions: 6th Ave. Turn South on Berry. Building is bound by Berry, 7th Ave, and Clay St.
Agent Only Remarks: Buyer to verify all info. All units are month to month. Total monthly rent is $3,145 for apartments on second floor. Unit 1: $945 Unit 2: $750 Unit 3: $650 Unit 4: $800
Commercial is entire first floor. Landlord pay utilities. Gas/electric average $1,000-$1,200/mo. for entire building.
Directions: 6th Ave. Turn South on Berry. Building is bound by Berry, 7th Ave, and Clay St.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,153 SF
Building Class
C
Year Built
1870
Price
$499,900
Price Per SF
$61
Percent Leased
14%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.56
Land Acres
0.12 AC
Frontage
185 FT on Berry Ave
PROPERTY TAXES
| Parcel Number | 999-99-09-091.00 | Improvements Assessment | $285,000 |
| Land Assessment | $20,000 | Total Assessment | $305,000 |
PROPERTY TAXES
Parcel Number
999-99-09-091.00
Land Assessment
$20,000
Improvements Assessment
$285,000
Total Assessment
$305,000
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Mark Perkins -
Pivot Commercial Group
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613 Berry Ave
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