All-Brick Office/Medical
9163 N County Road 25a Piqua, OH 45356
For Sale
$379,900
Pending
COMMERCIAL - Stick, Contemporary - Piqua, OH
Property Size2,990 SF
Lot Size0.07 Acres
Days on Market550
Property Features for 9163 N County Road 25a
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Security features
- Security Lighting
- Window features
- Window Coverings
- Patio and Porch features
- Porch
- Basement
- Full, Unfinished
- Standard status
- Pending
- APN
- N44077726
- Size
- 2,990 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2023
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1998
- Building materials
- Brick
- Architectural style
- Stick, Contemporary
Listing Agency:
Coldwell Banker Heritage Realtors
(937) 665-1800
Listed By:
Sue Wray
(937) 665-1800
Added: Jan 20, 2025
Changed: Jul 24
Last Checked: Jul 24 at 11:06PM
MLS# 1036483
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained all-brick office/medical condo is configured as two mirrored sides, each offering four private rooms or offices with dedicated waiting areas and reception space. The property includes two half baths on each side. A full basement is included, along with a private back entrance. The listing also notes two new heating and cooling systems. Furnishings can remain with the property if desired.
Private parking is available, with the listing describing very low utilities.
The space is described as flexible, with the option for the two sides to be operated separately or inclusively, and the listing mentions available equipment including exam tables, consultation desks, chairs, and medical-related items such as ultrasound machines and cystoscope setups.
Private parking is available, with the listing describing very low utilities.
The space is described as flexible, with the option for the two sides to be operated separately or inclusively, and the listing mentions available equipment including exam tables, consultation desks, chairs, and medical-related items such as ultrasound machines and cystoscope setups.
Key Highlights
- All‑brick office/medical condo built in 1998 with stick and contemporary architectural style
- Two sides with 4 private rooms or offices per side, plus waiting and reception areas
- Option to operate as totally separate or inclusive, with 2 half baths on each side
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.9k | $20.04 |
| − Vacancy | −$15.0k | −$5.01 |
| EGI | $44.9k | $15.03 |
| − OpEx | −$11.2k | −$3.76 |
| NOI | $33.7k | $11.27 |
2,990 SF · lease $20.04/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$503.7K
$440.8K – $587.7K
NOI $35,260 @ 7.0% cap · market cap 9.28%
Second Best
Office B
$481.5K
$421.3K – $561.8K
NOI $33,705 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$609.4K
$533.2K – $711.0K
NOI $42,657 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Upper Miami Valley ...
Medical Clinic
Virgilio Ponferrada, Md
Physician
Advanced Colon Treatment
Medical Clinic
Dr. Alan Gusching
Dental Office
Gusching Orthodontics
Dental Office
FAQs
What type of property is this?
Medical Office Space - Well-maintained all-brick office/medical condo with private rooms, waiting and reception areas, and private parking.
Where is this medical office space located?
The property is located at 9163 N County Road 25a Piqua, OH.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: All‑brick office/medical condo built in 1998 with stick and contemporary architectural style; Two sides with 4 private rooms or offices per side, plus waiting and reception areas; Option to operate as totally separate or inclusive, with 2 half baths on each side
