Post-and-Beam Office Building with
105 Old St Monroe, OH
For Sale
$299,900
Mid-century modern office with 10-foot ceilings, window wall, flexible private offices, and a private asphalt parking lot.
Property Size1,924 SF
Price / SF$155.87
Days on Market275
Property Features for 105 Old St
General Information
Standard status
Active
Size
1,924 SF
Listing Agency:
Coldwell Banker Realty
(513) 225-3069
Listed By:
James E Pitzer III
(513) 225-3069
Source:
Exprealty
Added: Oct 28, 2025
Changed: Jul 10
Last Checked: Jul 29 at 12:30PM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $21,912 @ 7.0% cap · market cap 7.31%
Second Best
Mixed Use
$92.3K
$80.8K – $107.7K
NOI $6,463 @ 7.0% cap · market cap 2.16%
Theoretical Best
Office A
$380.4K
$332.9K – $443.8K
NOI $26,629 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
