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Romanesque Office With Live-Work Option
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121 W Franklin St, Troy, OH 45373

Historic multi-level building with 6 offices and commercial zoning on the first floor.

Property SizeContact for details
Days on Market121

Property Features for 121 W Franklin St

General Information

Standard status Active
Property subtype Special Purpose

Building Details

Stories 3
Construction Romanesque
Listing Agency: Coldwell Banker Commercial Heritage
Listed By: Scott Strayer · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:04PM

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

Investment Insights

Based on property information with market context.

This historic Romanesque-style live-work property offers flexible office and residential configurations across three levels. The first floor includes a reception area, conference room, private office, kitchen, and bath, with additional office or bedroom space on the upper floors. In total, the layout supports up to six offices or bedrooms depending on use, and the third floor includes additional offices with a kitchenette and full bath. Updates include a structural remodel in 2014 that finished the third floor, a new kitchen installation in 2018 with professional Frigidaire appliances, and a refreshed exterior with a Terra Cotta roof installed in 2019 with relined copper gutters and copper flashing on chimneys. Interior historic features include original hardwood floors, stained glass windows, and quarter sawn oak doors and trim, along with a large basement with high ceilings and built-in shelving.

The property is located in Historic Downtown Troy and benefits from an adjacent city parking lot.

Zoning provides commercial use on the first floor with the option for office or residential use on upper floors, and it is described as supportive of a zoning change to first-floor residential.

Key Highlights

  • 4,000+ SF Romanesque‑style home in Historic Downtown Troy with 6 offices or bedrooms depending on use
  • 1st‑floor commercial space for office use: large reception, conference room, private office, kitchen, and bath
  • 2nd floor offers 3 additional private offices or bedrooms plus a full bath

Property Analytics

Current Use

Glasshouse Realty Group Real Estate Agency Danyell DeYoung, Glasshouse ... Real Estate Agency Special Effects Salon ... Hair Salon Murray Wells Wendeln ... Accounting Firm

Suggested Use

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

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

958
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?
Live-work space - Historic multi-level building with 6 offices and commercial zoning on the first floor.
Where is this live-work space located?
The property is located at 121 W Franklin St Troy, OH.
What are key features of this property?
This property features: 4,000+ SF Romanesque‑style home in Historic Downtown Troy with 6 offices or bedrooms depending on use; 1st‑floor commercial space for office use: large reception, conference room, private office, kitchen, and bath; 2nd floor offers 3 additional private offices or bedrooms plus a full bath
More about this property
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