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    Troy, OH

    Troy, OH Commercial Real Estate for Sale

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    Established Automotive Business For Sale
    Updated: Feb 16, 2024
    Established Automotive Business For Sale

    407 Peters Avenue, Troy, OH 45373

    $450,000
    4,296 sqft 0.46 AC lot
    Auto repair building built in 1974 with designated space for auto repair and multiple bays
    Separate paint booth/body work area included on site
    Recently renovated office space
    Heating: forced air with natural gas; cooling: central air
    Metal and steel siding exterior with overhead door(s)
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    This listing looks promising.

    Here's a quick look at some key insights for

    407 Peters Avenue, Troy, OH 45373

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $579K
      Above asking

    • Property Type

      Parking Garage, Parking Structure
      Built 1974
    View Property Analytics
    Former Car Wash in Troy
    Updated: Apr 10
    Former Car Wash in Troy

    103 S Elm Street, Troy, OH 45373

    $199,000
    13,650 sqft 0.31 AC lot
    Prime location with excellent visibility and steady daily traffic.
    Zoned B2, ideal for a variety of business uses.
    Brick building construction.
    Around the corner from Kettering Health Hospital.
    Former car wash with 5 bays.
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    Live-Work Retail Office Building
    Live-Work Retail Office Building

    9 E Canal Street, Troy, OH 45373

    $250,000
    1,516 sqft 0.05 AC lot

    Built in 1920, this live-work building offers adaptable interior space with large front-facing windows.

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    Flex Automotive Sales Lot
    Flex Automotive Sales Lot

    2065 S County Road 25a, Troy, OH 45373

    $249,900
    1,560 sqft 0.56 AC lot

    Automotive sales property on a sizable lot with commercial and residential zoning in a high-traffic area.

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    Downtown Troy Restaurant/Brewery Opportunity
    Downtown Troy Restaurant/Brewery Opportunity

    214 W Main St, Troy, OH 45373

    $1,300,000
    8,232 sqft

    Remodeled restaurant/brewery with commercial kitchen, brewing facility, and outdoor seating.

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    Prime Buildable Lot in Troy
    Prime Buildable Lot in Troy

    14 W Canal Street, Troy, OH 45373

    $250,000
    0.10 AC lot

    Vacant .27 acre lot in downtown Troy, Ohio.

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    Agricultural and Hunting Land
    Agricultural and Hunting Land

    Piqua Troy Road, Troy, OH 45373

    $999,900
    62.90 AC lot

    Acres of tillable ground plus pasture and woods support farming and outdoor recreation on one parcel.

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    Historic Troy Development Opportunity
    Historic Troy Development Opportunity

    112-118 West Main Street, Troy, OH 45373

    $1,590,000
    16,850 sqft

    Unique property with recent renovations in downtown Troy's DORA district.

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    Renovated Vintage Building in Downtown Troy
    Renovated Vintage Building in Downtown Troy

    28 W Canal St, Troy, OH

    $259,900
    2,059 sqft 0.06 AC lot

    Turn-key, renovated two-story building in Troy's Historic Downtown.

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    Downtown Buildable Lot
    Downtown Buildable Lot

    14 West Canal Street, Troy, OH 45373

    $250,000
    4,356 sqft

    Vacant lot totaling 0.27 acres with utilities at the street and visibility from Market Street.

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    Troy Office Building For Sale
    Troy Office Building For Sale

    1059 N Market, Troy, OH

    $495,000
    5,897 sqft 0.61 AC lot

    Office building with 5,897 square feet of space.

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    Convenience Store with Drive-Through
    Convenience Store with Drive-Through

    17 Ohio 202, Troy, OH 45373

    $250,000
    952 sqft

    Convenience retail and prepared food operation with drive-through capability, fuel sales, and covered seating for efficient customer flow.

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    Ground-Leased Bank Building
    Ground-Leased Bank Building

    1011 W MAIN ST, Troy, OH 45373

    $1,272,333

    For sale with a corporate ground lease, offering a stated 6% cap rate for qualified investors.

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    Downtown Troy Retail/Office Condos
    Downtown Troy Retail/Office Condos

    12-16 S Market St, Troy, OH 45373

    Contact for pricing
    1,850 sqft

    Retail or office condos in historic downtown Troy building.

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    Retail Property in Troy, Ohio
    Retail Property in Troy, Ohio

    407 Peters Ave, Troy, OH

    $450,000
    4,296 sqft 0.45 AC lot

    Retail property for sale in Troy, Ohio, with 4296 square feet.

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    Troy Warehouse Space Available
    Troy Warehouse Space Available

    1255 Archer Dr, Troy, OH

    Contact for pricing
    122,000 sqft 9.08 AC lot

    122,000 square foot warehouse space for rent in Troy, Ohio.

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    Convenience Store with Drive-Through
    Convenience Store with Drive-Through

    17 S State Route 202, Troy, OH 45373

    $250,000

    Turnkey convenience store and food service operation with fuel sales, drive-through service, and covered seating.

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    Troy, OH Vacant Land
    Troy, OH Vacant Land

    1851 Towne Park Dr, Troy, OH

    $609,000
    4.06 AC lot

    Vacant land in established business park, Troy, OH.

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    Commercial Land with B-4 Zoning
    Commercial Land with B-4 Zoning

    1454 OH-718, Troy, OH

    $899,000
    10.11 AC lot

    Commercial land suitable for various automotive, retail, and service businesses.

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    Prime Corner Lot Opportunity
    Prime Corner Lot Opportunity

    25 A S Counts St, Troy, OH

    $585,000
    3.00 AC lot

    3-acre corner lot with high visibility near I-75.

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    Prime Retail Land For Sale
    Prime Retail Land For Sale

    2569 W Main St, Troy, OH 45373

    $495,000
    1.69 AC lot

    1.689 acre retail land with frontage on West Main.

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    Prime Land Parcels in Troy
    Prime Land Parcels in Troy

    Towne Park Dr, Troy, OH 45373

    Contact for pricing
    0.88 AC lot

    Two parcels near I-75 and State Route 41.

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    Vacant Land in Business Park
    Vacant Land in Business Park

    1851 Towne Park Dr, Troy, OH 45373

    $603,000

    Vacant land in Troy, OH, near I-75 and Dayton.

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    Vacant Land in Troy Business Park
    Vacant Land in Troy Business Park

    2500 Corporate Dr, Troy, OH

    $570,000
    7.58 AC lot

    Vacant commercial land in established business park near I-75.

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    Troy, OH Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Troy, OH, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 63,664 square feet of properties for sale, with an estimated market value of $5,743,800.

    Sale prices for business properties in Troy, OH start at $199,000, averaging $522,163, and reaching up to $1,590,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 37K
    Population Growth (5Y) +3.6%
    Median Household Income $78,278
    College Educated 22.9%

    High-Yield Neighborhoods for Investment

    Identify Troy submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    45373 $687.1K

    Taxes & Financing

    Tax Rate (average for all types) 5.20%
    Property Tax per SF $99.54 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Miami County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Troy fall within the 10,000 to 25,000 square foot range.

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