Mixed-Use Building in Historic
For Sale
Contact for pricing
22 S Main St, Miamisburg, OH
Renovated mixed-use property in Downtown Miamisburg's CBD Historic District.
Property Size4,919 SF
Lot Size0.82 Acres
Price / SF$152.47
Days on Market614
Property Features for 22 S Main St
General Information
Standard status
Active
Size
4,919 SF
Lot size
0.82 Acres
Property subtype
RETAIL
Lease Type
Gross
Properties For Sale
at 22 S Main St
22 S Main St
AVAILABLE, Now
Floor
Bldg
Size
4,919 SF
Type
RETAIL
Lease Type
GROSS
Sublease
No
- ~1,523 SF ground floor retail space, 1,414 SF basement, and a 1,982 SF loft apartment on the second and third floor
- Existing equipment in space can be purchased
- The building is newly renovated; the apartment features many modern amenities
- The apartment is currently rented on a Month-Month basis @ $1850 per month.
- Located in the heart of Downtown Miamisburg’s CBD Historic District – a revitalized walkable community
- Located in a DORA district
- Three miles west of I-75 off of SR-725; 30-minute drive from Dayton International Airport
Contact us
Listing Agency:
Schueler Group Henkle-Schueler, REALTORS
(513) 932-6010
Listed By:
Mark Langdon
(937) 673-1916
Source:
Moodyscre
Added: Feb 21, 2025
Changed: Oct 25
Last Checked: Oct 28 at 4:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schueler Group Henkle-Schueler, REALTORS
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Investment Insights
Based on property information with market context.
This newly renovated building features a mix of retail and residential space. The ground floor offers 1,523 square feet of retail space, complemented by a 1,414-square-foot basement. Above, the second and third floors house a 1,982-square-foot loft apartment with modern amenities. Situated in the heart of Downtown Miamisburg’s CBD Historic District, the property benefits from a revitalized, walkable community and its location within a Designated Outdoor Refreshment Area (DORA) district. The apartment is currently rented on a month-to-month basis at $1,850 per month. The property is located three miles west of I-75 off of SR-725, and is a 30-minute drive from Dayton International Airport. The total property size is 4,919 square feet.
Key Highlights
- Located in the heart of Downtown Miamisburg’s CBD Historic District – a revitalized walkable community.
- Includes a 1,982 SF loft apartment on the second and third floor with modern amenities.
- Building is newly renovated.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,207
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,140
$1.1M
Cap Rate 7%
$817,243
$817.2K
Cap Rate 9%
$635,633
$635.6K
Market Conditions
NOI Build-Up for 4,919 SF
Gross rent
$88.5K $18.00/SF
− Vacancy
−$6.8K −$1.39/SF
EGI
$81.7K $16.61/SF
− OpEx
−$24.5K −$4.98/SF
NOI
$57.2K $11.63/SF
Area
Montgomery County, OH
Vacancy
7.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,140
Cap Rate 7%
$817,243
Cap Rate 9%
$635,633
Alternative Uses
Best Use
Apartment 5plus
$40.88M
$35.77M – $47.69M
NOI $2,861,602 @ 7.0% cap · market cap 381.55%
Second Best
Retail
$817.2K
$715.1K – $953.5K
NOI $57,207 @ 7.0% cap · market cap 7.63%
Theoretical Best
Multifamily LT 5
$46.52M
$40.71M – $54.28M
NOI $3,256,708 @ 7.0% cap · market cap 434.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
505
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Renovated mixed-use property in Downtown Miamisburg's CBD Historic District.
Where is this retail space located?
The property is located at 22 S Main St Miamisburg, OH.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Located in the heart of Downtown Miamisburg’s CBD Historic District – a revitalized walkable community.; Includes a **1,982 SF loft apartment on the second and third floor with modern amenities.**; Building is newly renovated.
