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Downtown Troy Retail/Office Condos
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12-14 S Market St, Troy, OH 45373

Retail or office condos in historic downtown Troy building.

Property Size1,850 SF
Days on Market273

Property Features for 12-14 S Market St

General Information

Standard status Active
Size 1,850 SF
Property subtype Retail

Building Details

Building Size 1,850 SF
Year Built 1920
Listing Agency: NAI | Bergman
Listed By: Scott Kaster · License #OH #SAL.2009000788
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 9 Last Checked: Aug 21 at 4:07AM

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 NAI | Bergman

Investment Insights

Based on property information with market context.

Three retail or office condos are available for sale in a historic building located in Downtown Troy. Situated at 12, 14 & 16 S Market St, the development project involves dividing the buildings into retail condos on the first floor and residential condos on the second and third floors. The spaces, ranging from 1420 to 1850 square feet, are currently in raw form as the owners work to restore them to white box condition. This presents an opportunity for buyers to align their build-out during the restoration process. The owners can customize the space(s) to meet specific needs. The city has approved the new addresses, and the legal process for the division of spaces is underway. These condos are available for sale and can also be leased to strong credit, long-term tenants. The property features exposed brick walls throughout. It offers excellent access to all parts of Troy, Ohio. Additional improvements are possible.

Key Highlights

  • Prime Downtown Troy location with excellent accessibility.
  • Retail or Office condo ownership opportunity.
  • Customizable build‑out options available during white box completion.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Catering Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby

Demographics for 45373, OH

36,863
Population
15,691
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
93%
High-School Grad
87.7 sq mi
ZIP Area
420
Density / Sq Mi
$78,278
Median Household Income
$47,859
Median Earnings
$933
Median Rent
$234,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or office condos in historic downtown Troy building.
Where is this retail space located?
The property is located at 12-14 S Market St Troy, OH.
What are key features of this property?
This property features: Prime Downtown Troy location with excellent accessibility.; Retail or Office condo ownership opportunity.; Customizable build‑out options available during white box completion.
More about this property
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