113 E Kress Street, Russells Point, OH 43348
Versatile commercial warehouse with two overhead doors and an on-site fenced lot, plus living quarters for flexible operations.
- Added:
- Jun 1, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 6 at 2:28 am
Property Features for 113 E Kress Street
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.75 Acres
- Property subtype
- Mixed Use, Self Storage
Building Details
- Year Built
- 2015
Listing agent Teri Frymyer License #0000441262
Listing office Choice Property RE
Listing date Jun 1, 2026
Source Crexi
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 Choice Property RE
HighLights
- 2015‑built 3,200 sq. ft. commercial building with an additional 800 sq. ft. second floor, located on a 0.75‑acre fenced lot in Russells Point.
- Two 12x17 overhead garage doors with electric openers for vehicle, RV, boat, and equipment storage.
- On‑site utilities include gas, electric, sewer, and water, with 6" concrete floors.
- LED lighting and a header for an awning; includes washer/dryer, slop sink, hot water heater, and ceiling fans.
- Security‑focused setup with complete fencing using 4x4 wire fencing.
- Includes living quarters with open‑concept kitchen/living area, full bath, and large bedroom; property is commercial‑zoned M1 with permitted residential use pending zoning approval.
Overview
The building is set up for practical storage and work needs, with space that can support secured storage of vehicles and equipment. The second floor and building layout also include living quarters with an open-concept kitchen/living area, a full bath, and a large bedroom. Additional in-unit conveniences include a washer/dryer, slop sink, and a hot water heater, along with ceiling fans.
Zoned M1 commercial, the property is positioned for business, workshop, or secure storage uses consistent with that zoning. The information provided notes that a zoning change could allow residential use, including a potential application for R2 (medium density residential) pending approval. This combination of functional storage features and optional living space can fit operators who need on-site flexibility.
Local Financial Insights For Self Storage
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 | $41.5k | $12.96 |
| − Vacancy | −$2.9k | −$0.91 |
| EGI | $38.6k | $12.05 |
| − OpEx | −$11.6k | −$3.62 |
| NOI | $27.0k | $8.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Russells Point
- County
- Montgomery
- State
- Ohio
- Longitude
- -83.8877
- Latitude
- 40.4648
