Restaurant Building with Commercial
For Sale
Contact for pricing
3907 W 3rd St, Dayton, OH 45417
An existing food-service layout includes a fitted restaurant interior and kitchen equipment.
Property Size1,128 SF
Price / SF$221.63
Days on Market18
Property Features for 3907 W 3rd St
General Information
Standard status
Active
Size
1,128 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Wright View
Additional Details
Equipment Included
Yes
Listing Agency:
Century 21 - The Gene Group | Centerville
(937) 203-8180
Listed By:
William Jarvis III · License #2023004675
(326) 209-2799
Source:
Moodyscre
Added: Oct 8
Changed: Oct 24
Last Checked: Oct 24 at 3:02PM
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 Century 21 - The Gene Group | Centerville
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Investment Insights
Based on property information with market context.
The restaurant property contains approximately 1,128 square feet, with an existing restaurant build-out and a commercial kitchen. Kitchen equipment is included in the sale. The space has previously operated as a soul food carryout.
Situated on West Third Street in Dayton, the property is configured for restaurant use. Carryout, takeout, and other restaurant concepts are potential uses, subject to applicable zoning and approvals.
Situated on West Third Street in Dayton, the property is configured for restaurant use. Carryout, takeout, and other restaurant concepts are potential uses, subject to applicable zoning and approvals.
Key Highlights
- Approximately 1,128 SF of restaurant space
- Commercial kitchen equipment included
- Existing restaurant build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,630
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,600
$252.6K
Cap Rate 7%
$180,429
$180.4K
Cap Rate 9%
$140,333
$140.3K
Market Conditions
NOI Build-Up for 1,128 SF
Gross rent
$17.6K $15.60/SF
− Vacancy
−$757 −$0.67/SF
EGI
$16.8K $14.93/SF
− OpEx
−$4.2K −$3.73/SF
NOI
$12.6K $11.20/SF
Area
Dayton, OH
Vacancy
4.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,600
Cap Rate 7%
$180,429
Cap Rate 9%
$140,333
Alternative Uses
Best Use
Specialty Retail
$180.4K
$157.9K – $210.5K
NOI $12,630 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.4K
$210.4K – $280.5K
NOI $16,828 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45417, OH
28,079
Population
14,987
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
32.2 sq mi
ZIP Area
872
Density / Sq Mi
$35,027
Median Household Income
$29,550
Median Earnings
$861
Median Rent
$73,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Dayton, OH
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An existing food-service layout includes a fitted restaurant interior and kitchen equipment.
Where is this conventional restaurant located?
The property is located at 3907 W 3rd St Dayton, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 1,128 SF of restaurant space; Commercial kitchen equipment included; Existing restaurant build‑out
