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Former Bar & Lounge Property
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6028 North Dixie Drive, Dayton, OH 45414

Former bar and lounge property located in Dayton, Ohio.

Property Size1,928 SF
Price / SF$233.40
Days on Market93

Property Features for 6028 North Dixie Drive

General Information

Standard status Active
Size 1,928 SF
Property subtype Retail
Investment Type Owner/User
Listing Agency: Equity LLC Dayton
Listed By: Tracey Herron · License #OH SAL.0000446465
Source: Crexi
Added: Jul 15 Changed: Oct 6 Last Checked: Oct 14 at 11:14PM

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 Equity LLC Dayton

Investment Insights

Based on property information with market context.

This 1,928-square-foot commercial property at 6028 North Dixie Drive in Dayton, Ohio, was formerly operated as a bar and lounge. The asset is positioned within an established commercial setting and is offered for sale.

Key Highlights

  • 1,928 square feet of commercial property
  • Former bar and lounge use
  • 6028 North Dixie Drive, Dayton, OH 45414

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,588
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,760 $431.8K
Cap Rate 7%
$308,400 $308.4K
Cap Rate 9%
$239,867 $239.9K
Market Conditions
NOI Build-Up for 1,928 SF
Gross rent
$30.1K $15.60/SF
− Vacancy
−$1.3K −$0.67/SF
EGI
$28.8K $14.93/SF
− OpEx
−$7.2K −$3.73/SF
NOI
$21.6K $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%
$431,760
Cap Rate 7%
$308,400
Cap Rate 9%
$239,867

Alternative Uses

Best Use
Specialty Retail
$308.4K
$269.9K – $359.8K (±1% cap)
NOI $21,588 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$410.9K
$359.5K – $479.4K (±1% cap)
NOI $28,763 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Spa & Massage Center Barber Shop

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

495
Businesses Nearby
Under-served
Demand for This Use

Demographics for 45414, OH

20,693
Population
10,283
Households
2
Avg Household Size
42
Median Age
26%
College-Educated
88%
High-School Grad
21.8 sq mi
ZIP Area
949
Density / Sq Mi
$53,824
Median Household Income
$40,629
Median Earnings
$867
Median Rent
$163,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Dayton, OH

9.8% 2020
8.5% 2021
6.3% 2022
5% 2023
6.2% 2024
7.6% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Food For The Soul, Sports Bar & Grill — 2021 republic dr, dayton, oh 45414
  • Whisky Barn — 2100 Needmore Rd, Dayton, OH 45414
  • Ready To Go Food & Beverage — 6640 N Dixie Dr, Dayton, OH 45414

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former bar and lounge property located in Dayton, Ohio.
Where is this bar & pub located?
The property is located at 6028 North Dixie Drive Dayton, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,928 square feet of commercial property; Former bar and lounge use; 6028 North Dixie Drive, Dayton, OH 45414
(937) 228-0155 Call to check price and availability
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