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    112-118 West Main St Troy, OH 45373

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    For Sale
    $1,590,000

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

    Property size:
    16,850 SF

    Property Features for 112-118 West Main St

    General Information

    Size
    16,850 SF

    Source: Scott Kaster Agent Scott Kaster

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

    Overview

    Historic Troy Development Opportunity

    The Odd Fellows building, formerly the Miami County Courthouse, presents a unique development opportunity in downtown Troy, situated across from the current Miami County Courthouse and within the Designated Outdoor Refreshment Area (DORA) district. The 16,850-square-foot property has undergone significant restoration, featuring a new roof, new commercial Pella windows and doors, and complete brick tuckpointing. The interior has been demoed, providing a blank slate for the new owner's vision. Architectural drawings are available to assist in the development process. The property includes private off-street parking in the rear and a liquor license. This property offers potential business opportunities and incentives through the city of Troy.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Miami
    State
    Ohio
    Longitude
    -84.2019486
    Latitude
    40.0388657

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    FAQs

    What type of property is this?
    Storefront property - Unique property with recent renovations in downtown Troy's DORA district.
    Where is this storefront property located?
    The property is located at 112-118 West Main St Troy, OH.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: - Unique development opportunity in downtown Troy's DORA district.; - Recent restoration includes new roof, commercial Pella windows/doors, and brick tuckpointing.; - Interior is demoed, providing a blank slate for customization.
    (937) 673-4366
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112-118 West Main St Troy, OH 45373
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