Building Details

Year Built 1900

Listing Agency: Cutler Real Estate d***@cutlerhomes.com Show Phone

Listed By: Donald M. Johnson Show Phone

Source: Falgnerrealty

Added: Sep 20, 2024 Changed: Oct 23 Last Checked: Oct 23 at 5:22PM

Report an Issue

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 Cutler Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

At 116 W Benson Street in Reading, this mixed-use building combines a hair salon at street level with apartments on the floors above. The property was built in 1900 and is zoned for multifamily and business uses.

Key Highlights

• Hair salon occupies the ground floor
• Apartments are located above the salon
• Built in 1900; zoning includes multifamily and business uses

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Electrical Service Pharmacy

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

642

Businesses Nearby

Explore this area Business Placement

Demographics for 45215, OH

30,993

Population

13,735

Households

2.3

Avg Household Size

38

Median Age

35%

College-Educated

92%

High-School Grad

12.0 sq mi

ZIP Area

2,583

Density / Sq Mi

$71,949

Median Household Income

$45,976

Median Earnings

$954

Median Rent

$200,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - A working salon occupies the street-level space, with apartments positioned above.

Where is this mixed-use property located?

The property is located at 116 W Benson Street Reading, OH.

What is the lease rate?

The lease rate is $206,000.

What are key features of this property?

This property features: Hair salon occupies the ground floor; Apartments are located above the salon; Built in 1900; zoning includes multifamily and business uses