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8940 Kingsridge Dr Dayton, OH 45458

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For Sale
$139,900

Medical condo for sale near Dayton Mall with tenant.

Property size:
1,185 SF
Lot size:
0.03 Acres

Property Features for 8940 Kingsridge Dr

General Information

Size
1,185 SF
Lot size
0.03 Acres

Source: Howard Hanna | South Dayton Agent David P Nianouris

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


Overview

Medical Condo Near Dayton Mall

Located in Miami Township, which has no local earnings tax, the property at 8940 Kingsridge Rd. includes a 1,185 square foot condominium unit (Suite 105) within a 12,000 square foot building comprised of four medical condominiums. The unit shares a 273 square foot waiting room. The suite contains 6 offices, with 4 to 5 offices having plumbing in the walls, allowing for conversion back into wet exam rooms. The condominium has a private entrance from the outside and from a common area waiting room with two additional restrooms. Ample parking is available in the on-site lot. The property is in a prime location adjacent to the Dayton Mall and offers convenient access to the expressway. The current tenant, a mental health practitioner, occupies two of the building’s condos and is scheduled to expand into this one in early 2025. The current lease for Suite 105 is in effect through early 2028. The property offers an 9% cap rate. Showings will only be scheduled after an accepted offer, subject to viewing the building, due to HIPAA regulations.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Jayson Keener, PA-C Physician Assistant Stephanie Johnson Psychotherapist Dr. Michael Davis Chiropractor Murray Cotter, MD, ... Dermatologist Jennifer Bryant, ARNP Nurse Practitioner

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Similar Places Nearby

Pets In Stitches, Raymond M. Fournier, DVM, Shaffer Lesley DVM, Dr. Sara Wells, Kim Burkhardt

Location Insight

  • Map
  • Local Demand
City
Dayton
County
Greene
State
Ohio
Longitude
-84.2222958
Latitude
39.6299225

FAQs

What type of property is this?
Medical office - Medical condo for sale near Dayton Mall with tenant.
Where is this medical office located?
The property is located at 8940 Kingsridge Dr Dayton, OH.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: - High 9% Cap Rate; - Prime Location adjacent to Dayton Mall with convenient expressway access; - Existing lease in place through early 2028 providing immediate income
More about this property
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