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Historic Office Building with Redevelopment Potential
For Sale
Contact for pricing
Pending

31 S Canal St, Middletown, OH 45044

Downtown office building with a newer roof and approx. 25,000 SF, positioned across from the city bus station.

Property Size25,000 SF
Days on Market144

Property Features for 31 S Canal St

General Information

Standard status Pending
Size 25,000 SF
Property subtype Office, Land

Building Details

Year Built 1924
Listing Agency: Coldwell Banker Commercial Heritage Middletown
Listed By: Jacqueline Hunter · License #OH
Source: Crexi
Added: Apr 10 Changed: Aug 24 Last Checked: Aug 30 at 9:01PM

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 Coldwell Banker Commercial Heritage Middletown

Investment Insights

Based on property information with market context.

This well-built office building was originally constructed in 1924 and fronted on First Ave, and it included apartments as part of the original design. The property is described as ready for redevelopment, offering flexibility for new plans. A newer roof is noted as a recent improvement.

The building has frontage on S Canal St and is downtown, bordering Reynolds Ave and First Ave. It is across from the City of Middletown Bus Station, supporting convenient public access.

The property totals approximately 25,000 SF and is presented with many redevelopment possibilities for an owner, user, or investor looking to reposition the building.

Key Highlights

  • Downtown building with approx. 25,000 SF, ready for redevelopment.
  • Original building fronts First Ave., built in 1924 and originally included apartments.
  • Good exposure with bordering streets including Reynolds Ave., Canal St., and First Ave.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Locksmith Bakery Pharmacy Building Supply Real Estate Agency Veterinary Clinic

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

71
Businesses Nearby

Demographics for 45044, OH

56,128
Population
21,645
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
88%
High-School Grad
37.8 sq mi
ZIP Area
1,485
Density / Sq Mi
$71,942
Median Household Income
$40,568
Median Earnings
$1,034
Median Rent
$230,400
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?
Office building - Downtown office building with a newer roof and approx. 25,000 SF, positioned across from the city bus station.
Where is this office building located?
The property is located at 31 S Canal St Middletown, OH.
What are key features of this property?
This property features: Downtown building with approx. 25,000 SF, ready for redevelopment.; Original building fronts First Ave., built in 1924 and originally included apartments.; Good exposure with bordering streets including Reynolds Ave., Canal St., and First Ave.
More about this property
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