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    502 Wayne Ave Dayton, OH 45410

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    For Lease
    $395,000

    Two-story mixed-use building with retail and apartment near downtown.

    Property size:
    900 SF
    Lot size:
    0.11 Acres

    Property Features for 502 Wayne Ave

    General Information

    Size
    900 SF
    Lot size
    0.11 Acres

    Source: Crest Commercial Realty Agent Nick Miller-Jacobson

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

    Overview

    Mixed-Use Building Near Oregon District

    This two-story mixed-use building, constructed in 1925, offers approximately 6,606 square feet of space across two floors and a lower level. The first floor features 2,400 square feet of retail space, which may be divided. The second floor contains a 2,400-square-foot apartment with an open concept layout, two to three bedrooms, one and a half bathrooms, and laundry facilities. The property includes two oversized parking garage or storage areas. Alley access is available at the rear of the building, with street parking in front. Zoned MNC (Mature Neighborhood Commercial), the property is located just blocks from The Oregon District and downtown CBD, with proximity to US-35. A retail storefront is available for lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Meshco Inc Internet Service Provider Found treasures 4 ... Antique Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.1803138
    Latitude
    39.7555884

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use building with retail and apartment near downtown.
    Where is this mixed-use property located?
    The property is located at 502 Wayne Ave Dayton, OH.
    What are key features of this property?
    This property features: - Prime location: Blocks from The Oregon District and downtown CBD.; - Mixed-use property: Features a 2,400 SF, divisible retail space and a 2,400 SF residential apartment with 2-3 bedrooms.; - Large square footage: Totaling 6,606 SF across three levels.
    (937) 631-6261
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    502 Wayne Ave Dayton, OH 45410
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    Dayton, OH 45410
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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
    502 Wayne Ave Dayton, OH 45410
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