860 E Franklin Street, Centerville, OH 45459
COMMERCIAL - Centerville, OH
- Added:
- Apr 5, 2026
- Days on Market:
- 94
- Last Refresh:
- Jul 7 at 2:06 am
Property Features for 860 E Franklin Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- O68509170033
- Size
- 1,200 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
Building Details
- Year built
- 1997
- Building materials
- Brick
Listing agent Kim McAndrew (937) 203-8180
Listing office CENTURY 21 The Gene Group 65A W Franklin St., Centerville, OH (937) 203-8180
Listing date Apr 5, 2026
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
- Turnkey, move‑in ready office condo in a well‑maintained professional complex.
- Versatile 1,200 sq ft space with multiple private offices/treatment rooms and a functional layout.
- Convenient kitchenette, reception area, and dedicated parking.
- Excellent visibility and easy access to major thoroughfares in a strategic Dayton location.
- Professional‑grade finishes, including wood trim, quality carpeting, and a cohesive color palette.
- Condo association provides exterior maintenance.
Overview
The property was built in 1997 and is situated in a professional complex described as offering visibility and easy access to major thoroughfares. Dedicated parking is available for tenants and visitors. The listing also notes proximity to dining, shopping, and services.
This space is well suited for owner-occupants or tenant users who want a move-in ready professional office setting with a reception area, private offices, and an on-site kitchenette. With exterior maintenance provided by the condo association, day-to-day focus can remain on business operations rather than property upkeep.
Local Financial Insights For Office B
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 | $16.8k | $14.04 |
| − Vacancy | −$3.7k | −$3.05 |
| EGI | $13.2k | $10.99 |
| − OpEx | −$3.3k | −$2.75 |
| NOI | $9.9k | $8.24 |
Alternative Uses
Current Use by Public Records
Map
- City
- Centerville
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.142497
- Latitude
- 39.627539