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    Post-and-Beam Office Building with Parking Title is generated by Realmo AI

    105 Old St, Monroe, OH

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    Claim this Listing
    For Sale
    $299,900

    Mid-century modern office with 10-foot ceilings, window wall, flexible private offices, and a private asphalt parking lot.

    Property size:
    1,924 SF
    Price / SF:
    $155/SF
    Added:
    Oct 28, 2025
    Days on Market:
    230
    Last Refresh:
    Jun 13 at 2:01 am

    Property Features for 105 Old St

    General Information

    Standard status
    Active
    Size
    1,924 SF

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    Listing Contact
    James E Pitzer III
    James E Pitzer III

    Listing agent James E Pitzer III

    Listing office Coldwell Banker Realty

    Listing date Oct 28, 2025

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

    HighLights

    • Nearly 2,000 SF mid‑century modern brick post‑and‑beam office building with flexible space for your business
    • Large office/conference room with 10‑foot ceilings and a window wall, plus 6 additional private office spaces
    • Two half bathrooms and a kitchenette with sink and dishwasher
    • Gas heat and central air conditioning
    • New roof installed in 2022
    • Private asphalt parking lot for on‑site parking

    Overview

    Mid-century modern brick, post-and-beam office building offering flexible workspace of about 1,900 square feet. The layout includes a large office/conference room with 10-foot ceilings, a striking window wall, and six additional private office spaces. Interior amenities include two half bathrooms and a kitchenette with a sink and dishwasher. Heating is gas and the building also has central air conditioning. A new roof was installed in 2022, and the property sits on a private asphalt lot.

    Located at 105 Old St in the Monroe business district of Monroe, Ohio, the building is positioned downtown between Cincinnati and Dayton. Parking is available on-site in the private lot, supporting convenient customer and staff access.

    This configuration fits businesses that need a combination of conference-ready space and multiple private offices, with straightforward support amenities already in place. The building’s flexible plan also presents an option for a possible live-work unit, subject to applicable requirements. With gas heat, central air, and a 2022 roof replacement, the property is designed for day-to-day operational use while keeping tenant buildout complexity relatively contained.

    Local 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 $39.5k $20.52
    − Vacancy −$10.3k −$5.34
    EGI $29.2k $15.18
    − OpEx −$7.3k −$3.80
    NOI $21.9k $11.39
    1,924 SF · lease $20.52/SF/yr · vacancy 26.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $313.0K
    $273.9K – $365.2K (±1% cap)
    NOI $21,912 @ 7.0% cap · market cap 7.31%
    Second Best
    Mixed Use
    $92.3K
    $80.8K – $107.7K (±1% cap)
    NOI $6,463 @ 7.0% cap · market cap 2.16%
    Theoretical Best
    Office A
    $380.4K
    $332.9K – $443.8K (±1% cap)
    NOI $26,629 @ 7.0% cap · market cap 8.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Spa & Massage Center Hair Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Butler
    State
    Ohio
    Longitude
    -84.3699767
    Latitude
    39.4486879

    FAQs

    What type of property is this?
    Office building - Mid-century modern office with 10-foot ceilings, window wall, flexible private offices, and a private asphalt parking lot.
    Where is this office building located?
    The property is located at 105 Old St Monroe, OH.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Nearly 2,000 SF mid‑century modern brick post‑and‑beam office building with flexible space for your business; Large office/conference room with 10‑foot ceilings and a window wall, plus 6 additional private office spaces; Two half bathrooms and a kitchenette with sink and dishwasher
    More about this property
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