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    651 E Main St Dayton, OH 45449

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    For Sale
    $899,900

    Banquet hall with seating for 350 guests and offices.

    Property size:
    10,175 SF
    Lot size:
    0.72 Acres

    Property Features for 651 E Main St

    General Information

    Size
    10,175 SF
    Lot size
    0.72 Acres

    Source: Agora Realty Group - Centerville Office Agent Rick McKiddy

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

    Overview

    Banquet Hall with Seating

    The property, currently owned and operated by Robinson Janitorial Services, features a banquet hall with seating for 350 guests, along with office spaces. The building has been updated with a newer roof, bathrooms, flooring, windows, doors, kitchen equipment, and HVAC systems. Paved parking is available for 60 cars, with additional parking located behind the building on the 0.9-acre property. The current owner employs a manager to oversee leasing the hall, ensuring the facility, including restrooms, is sanitized after each rental. The surrounding area is experiencing growth in commercial and manufacturing businesses, presenting a potential opportunity for a strong return on investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Events at the First and Ten Event Planner Robinson's Janitorial Services Janitorial Service

    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
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.3018145
    Latitude
    39.7978896

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    FAQs

    What type of property is this?
    Storefront property - Banquet hall with seating for 350 guests and offices.
    Where is this storefront property located?
    The property is located at 651 E Main St Dayton, OH.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: - Banquet hall with seating for 350 guests plus offices; - Updated building with newer roof, bathrooms, flooring, windows, doors, kitchen equipment, and HVAC systems; - Paved parking for 60 cars with additional parking on the 0.9-acre property
    (937) 367-5570
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    651 E Main St Dayton, OH 45449
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    Dayton, OH 45449
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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
    651 E Main St Dayton, OH 45449
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