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Mixed-Use Building in Downtown Dayton

5-23 N Elm St, Dayton, OH

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For Lease

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Mixed-use building with retail and apartments in West Carrollton.

Type:RETAIL

Property size:

13,112 SF

Lot size:

0.25 Acres

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Nick Miller-Jacobson

Real Estate License ID: SAL.2021005738

HighLights

Excellent Investment Opportunity: Mixed‑use building with existing income stream.
Prime Location: Heart of downtown West Carrollton at a prominent corner.
Income‑Generating Retail Space: First floor is partially leased to Valor Martial Arts, generating $2,750 per month.
Multi‑Unit Potential: Second floor features three apartments.
Ample Parking: Benefit from the adjacent parking lot and available street parking.
Potential City Incentives: May be available to the buyer.

Learn more

For Lease

Contact for pricing

Mixed-use building with retail and apartments in West Carrollton.

Type:RETAIL

Property size:

13,112 SF

Lot size:

0.25 Acres

Added:: Nov 24, 2025
Days on Market:: 225
Last Refresh:: Jul 4 at 4:09 pm

Property Features for 5-23 N Elm St

General Information

Standard status: Active
Size: 13,112 SF
Lot size: 0.25 Acres
Property subtype: RETAIL

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Contact an agent

Nick Miller-Jacobson

Listing office Crest Commercial Realty

Listing date Nov 24, 2025

Source Moodyscre

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 Crest Commercial Realty

HighLights

Excellent Investment Opportunity: Mixed‑use building with existing income stream.
Prime Location: Heart of downtown West Carrollton at a prominent corner.
Income‑Generating Retail Space: First floor is partially leased to Valor Martial Arts, generating $2,750 per month.
Multi‑Unit Potential: Second floor features three apartments.
Ample Parking: Benefit from the adjacent parking lot and available street parking.
Potential City Incentives: May be available to the buyer.

Overview

This mixed-use building, located in the heart of downtown West Carrollton at the corner of E. Central Ave and N. Elm St, offers an investment opportunity. The free-standing building has a total area of 13,112 square feet. The first floor is partially leased to a long-term tenant, Valor Martial Arts, at $2,750 per month. The second floor features three apartments. The property benefits from easy access and prominent signage. An adjacent parking lot and street parking are available. The property is offered as-is, and city incentives may be available.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Dayton
County: Greene
State: Ohio
Longitude: -84.253
Latitude: 39.6716

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What type of property is this?

Mixed-use property - Mixed-use building with retail and apartments in West Carrollton.

Where is this mixed-use property located?

The property is located at 5-23 N Elm St Dayton, OH.

What are key features of this property?

This property features: Excellent Investment Opportunity: Mixed‑use building with existing income stream.; Prime Location: Heart of downtown West Carrollton at a prominent corner.; Income‑Generating Retail Space: First floor is partially leased to Valor Martial Arts, generating $2,750 per month.