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    308 S Washington St New Paris, OH 45347

    For Sale
    $117,500

    Multi-purpose property currently used as a music hall.

    Property size:
    2,406 SF
    Lot size:
    0.08 Acres

    Property Features for 308 S Washington St

    General Information

    Size
    2,406 SF
    Lot size
    0.08 Acres

    Source: First Choice Realty Agent Douglas G Harman

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

    Overview

    Music Hall Multi Purpose Property

    This multi-purpose property, currently operating as a music hall, features over 2,400 square feet on the main floor. The main level includes a full stage suitable for bands or events such as weddings, along with ample seating for guests. The lower level provides an additional 2,400 square feet and includes a kitchen and serving area. The property is located in New Paris, OH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dayton Children’s Hospital ... Housing Complex Jamboree Music Hall Entertainer

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Accounting Firm Auto Repair Shop Wholesale Shop HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    New Paris
    County
    Preble
    State
    Ohio
    Longitude
    -84.7928729
    Latitude
    39.8550013

    FAQs

    What type of property is this?
    Storefront property - Multi-purpose property currently used as a music hall.
    Where is this storefront property located?
    The property is located at 308 S Washington St New Paris, OH.
    What is the asking price?
    The asking price for this property is $117,500.
    What are key features of this property?
    This property features: - Over 2,400 sq ft main floor with full stage.; - Multi-purpose property suitable for music hall or events.; - Ample seating for guests on the main level.
    (937) 623-9959
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    308 S Washington St New Paris, OH 45347
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    308 S Washington St
    New Paris, OH 45347
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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
    308 S Washington St New Paris, OH 45347
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