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    Auto Repair Garage with Two Lifts Title is generated by Realmo AI

    501 E Trotwood Boulevard, Dayton, OH 45426

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    Claim this Listing
    Pending
    $139,900

    COMMERCIAL - Dayton, OH

    Property size:
    1,242 SF
    Lot size:
    0.71 Acres
    Added:
    Jul 28, 2025
    Days on Market:
    339
    Last Refresh:
    Jul 1 at 5:06 am

    Property Features for 501 E Trotwood Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    19
    Parking features
    Parking Lot
    Standard status
    Pending
    APN
    H33004020023
    Size
    1,242 SF
    Lot size
    0.71 Acres

    Taxes and HOA fees

    Tax Year
    2024

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1961
    Building materials
    Aluminum Siding, Block

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    James F. Cannon
    James F. Cannon

    Listing agent James F. Cannon

    Listing office Coldwell Banker Heritage 356 N Dixie Dr., Vandalia, OH

    Listing date Jul 28, 2025

    MLS# 1040336

    Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Auto repair garage with 2‑bay shop area and 2 lifts (utilities are off; lift condition unknown)
    • 19 parking sites with parking lot on a 0.7‑acre corner lot
    • 1,242 SF building includes office, storage, and 1 restroom
    • Heating: forced air natural gas; sewer connected to public sewer
    • Exterior materials include aluminum siding and block; year built 1961
    • Electric box and restroom need updates or replacements; contact City of Trotwood for usage

    Overview

    This vacant auto repair garage includes a shop area with two lifts, set up for vehicle servicing. The building also contains office space, storage, and one restroom. Additional on-site components include an electric box that needs updates or replacements, and the restroom likewise requires some upgrades.

    The property sits on a 0.71-acre corner lot and offers 19 parking sites. Utilities are currently off, and the condition of the lifts is unknown. Prospective buyers should confirm current options and requirements with the City of Trotwood regarding intended usage.

    For buyers seeking a service-capable automotive facility, the two-bay configuration and existing lift setup provide a practical foundation for repair operations, subject to lift verification and electrical/restroom improvements. The mix of office, storage, and parking supports day-to-day workflow for an owner-operator or automotive-related business, with final operating requirements to be coordinated with the local authority.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $17.9k $14.40
    − Vacancy −$1.1k −$0.92
    EGI $16.7k $13.48
    − OpEx −$5.0k −$4.04
    NOI $11.7k $9.43
    1,242 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $167.4K
    $146.5K – $195.3K (±1% cap)
    NOI $11,718 @ 7.0% cap · market cap 8.38%
    Second Best
    Industrial
    $158.2K
    $138.4K – $184.6K (±1% cap)
    NOI $11,074 @ 7.0% cap · market cap 7.92%
    Theoretical Best
    Office A
    $264.7K
    $231.6K – $308.8K (±1% cap)
    NOI $18,529 @ 7.0% cap · market cap 13.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • A1 Who Buys Junk Cars — 34 Stubbs Dr, Dayton, OH 45426
    • Grismer Tire & Auto Service Center — 840 E Main St, Trotwood, OH 45426
    • Tim's Car Care Clinic — 501 S Broadway St, Trotwood, OH 45426
    • A & S Automotive — 501 S Broadway St, Trotwood, OH 45426
    • BJ and Sons Auto Repair — 11 S Broadway St, Trotwood, OH 45426

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.311892
    Latitude
    39.788469

    FAQs

    What type of property is this?
    Auto shop - Vacant garage with two-bay shop space and office, storage, and one restroom on a corner lot with 19 parking sites.
    Where is this auto shop located?
    The property is located at 501 E Trotwood Boulevard Dayton, OH.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: Auto repair garage with 2‑bay shop area and 2 lifts (utilities are off; lift condition unknown); 19 parking sites with parking lot on a 0.7‑acre corner lot; 1,242 SF building includes office, storage, and 1 restroom
    More about this property
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