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305 W Main St Fairborn, OH 45324

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For Sale
$895,000

Four leased units with one vacancy in downtown Fairborn.

Lot size:
0.15 Acres

Property Features for 305 W Main St

General Information

Lot size
0.15 Acres

Source: HRI Commercial Realty Agent Warren A Miller (Tony)

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


Overview

Downtown Fairborn Investment Opportunity

Located in the heart of downtown Fairborn, this investment opportunity includes five buildings, with four currently leased. The remaining vacant space of 820 square feet presents the potential to add up to $10,000 of net income to the property. The property offers multiple income streams with four tenants, each having different lease dates, extensions, increases, and options. All spaces have been updated with new mechanical systems, paint, flooring, lighting, and plumbing. The property is offered at an 8.2% CAP rate with one vacancy. Fairborn, Ohio, is centrally located near Dayton, Cincinnati, and Columbus, making it an ideal location in the Miami Valley. It is situated in western Greene County, Ohio, and is known for its proximity to Wright-Patterson Air Force Base and Wright State University. The city features a thriving downtown area with locally owned shops and restaurants.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ella Bella Gluten ... Food Products Supplier Blue Bike Bakery Wholesale Bakery Gumball Alley, LLC Takeout Restaurant Sweet Bakey Cakes Store Cabin Fever Confections Bakery

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
Fairborn
County
Greene
State
Ohio
Longitude
-84.0251141
Latitude
39.8219336

FAQs

What type of property is this?
Storefront property - Four leased units with one vacancy in downtown Fairborn.
Where is this storefront property located?
The property is located at 305 W Main St Fairborn, OH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: - Positive cash flow with an **8.2% CAP rate**.; - Opportunity to own an entire block in downtown Fairborn.; - Multiple income streams from 4 leased units with varying lease terms.
More about this property
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