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Historic Retail Condo Space
For Sale
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12-16 S Market St, Troy, OH 45373

First-floor units are being prepared for white-box delivery, with owner-supported build-out planning available.

Property Size1,850 SF
Days on Market194

Property Features for 12-16 S Market St

General Information

Standard status Active
Size 1,850 SF
Property subtype Street Retail

Property Condition

Severity Repairs Needed
Evidence spaces are in raw form

Additional Details

Floor 1

Building Details

Building Size 1,850 SF
Year Built 1920

Properties For Sale

at 12-16 S Market St Contact us

12 S Market St

Size
1,420 SF
Lease Type
NNN
Contact us

14 S Market St

Size
1,850 SF
Lease Type
NNN
Contact us

16 S Market St

Size
1,440 SF
Lease Type
NNN
Contact us
Listing Agency: NAI | Bergman
Listed By: Scott Kaster · License #SAL.2009000788
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 11:17AM

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 first-floor condominium spaces are being created within a historic commercial building at 12–16 S Market St. The units are intended for retail or office use and range from 1,420 to 1,850 square feet. Current interiors remain in raw condition while work advances toward white-box delivery, allowing purchasers to coordinate their own improvements with the ongoing project. The owners can also complete build-out work based on the selected occupants’ requirements.

The property is in Downtown Troy, with access to other parts of Troy, Ohio. The upper levels are being configured as residential condominiums, while the first floor is reserved for the commercial units. The city has approved the new addresses, and the legal process for separating the spaces is underway. The units are offered for sale and may also be leased to a strong-credit, long-term tenant.

Key Highlights

  • Three first‑floor retail or office condominium spaces
  • Units range from 1,420 to 1,850 square feet
  • Historic commercial building constructed in 1920

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-floor units are being prepared for white-box delivery, with owner-supported build-out planning available.
Where is this retail space located?
The property is located at 12-16 S Market St Troy, OH.
What are key features of this property?
This property features: Three first‑floor retail or office condominium spaces; Units range from 1,420 to 1,850 square feet; Historic commercial building constructed in 1920
More about this property
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