Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    22 S Main St Miamisburg, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Renovated mixed-use property in Downtown Miamisburg's CBD Historic District.

    Type:RETAIL
    Property size:
    4,919 SF
    Lot size:
    0.82 Acres
    Price / SF:
    $152/SF
    Added:
    Feb 21, 2025
    Days on Market:
    433
    Last Refresh:
    Apr 5 at 10:28 pm

    Property Features for 22 S Main St

    General Information

    Standard status
    Active
    Size
    4,919 SF
    Lot size
    0.82 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Mark Langdon
    Mark Langdon

    Listing agent Mark Langdon

    Listing office Schueler Group Henkle-Schueler, REALTORS

    Listing date Feb 21, 2025

    Source Moodyscre

    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

    Overview

    Mixed-Use Building in Historic District

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Monocle Comics & Coffee (Bike/Boat/Book/etc) Store Suttman Buiding Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Miamisburg
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.289
    Latitude
    39.6414

    Nearby Similar for Sale

    • $1,950,000
      3,265 SF

      Burger King NNN Investment Opportunity

      NNN Burger King with 11 years remaining on lease.
      1244 E Central Ave, Miamisburg, OH 45342
      View Details
    • $1,350,000
      9,942 SF

      Versatile Building in Prime Location

      9942 SF building suitable for medical, office, daycare, elderly care.
      2570 Technical Drive, Miamisburg, OH 45342
      View Details
    • $875,000
      3,139 SF

      Retail Property with Drive-Thru

      Retail property featuring a drive-thru and prominent signage opportunities.
      2948 Miamisburg Centerville Rd, Miamisburg, OH 45459
      View Details
    • $4,900,000
      5,000 SF

      Miamisburg Business Flex Space

      5,000 SF flex space in Miami Township for lease.
      8555 Gander Creek Dr, Miamisburg, OH
      View Details
    • $275,000
      5,688 SF

      Miamisburg Freestanding Commercial Building

      Versatile 5,688 SF building suitable for various business uses.
      1003 North Main Street, Miamisburg, OH 45342
      View Details
    • $450,000
      1,643 SF

      Office/Retail Space with Storage

      Spacious office/retail space featuring storage, new flooring, and fresh paint.
      46-50 S 1st St, Miamisburg, OH
      View Details
    • $675,000

      Miamisburg Office Building For Sale

      Office building in Miamisburg with 11 offices and 28 parking spaces.
      24 E Linden Ave, Miamisburg, OH
      View Details
    • Contact for pricing
      68 SF

      68,000 SF Office Building

      Office building on 6.78 acre lot with ample parking.
      3385 Newmark Drive | Miamisburg, OH 45342, OH 45342
      View Details
    • $2,675,000
      10,640 SF

      Dollar General Market For Sale

      New construction Dollar General Market on 1.25-acre parcel.
      10259 Byers Rd, Miamisburg, OH 45342
      View Details
    • $650,000
      5,800 SF

      Unique Industrial Property with History

      Unique commercial/industrial building with historical significance on 5.5 acres.
      790 Enterprise Ct, Miamisburg, OH
      View Details
    • Contact for pricing
      10,254 SF

      10,254 SF Office Building

      10,254 SF single-tenant office building in Miamisburg, Ohio.
      430 Southpointe Dr, Miamisburg, OH
      View Details
    • $1,999,000
      31,200 SF

      Miamisburg Flex Space For Sale

      31,200 SF flex space in Miamisburg, Ohio.
      521 Byers Rd, Miamisburg, OH
      View Details

    FAQs

    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.
    (937) 673-1916 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Langdon
    Mark Langdon
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!