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    329 1St St Dayton, OH 45402

    For Lease
    $24 SF/Yr

    Established eatery, flexible space, high traffic area.

    Lot size:
    10,942 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional restaurant property, located at 329 E 1st St, Dayton, OH 45402, presents a unique investment opportunity. The property is a single-tenant building currently configured as a restaurant and bar, offering a versatile layout spanning a generous 5,500 to 10,942 square feet. Its prime location in Dayton, Ohio ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access for patrons. The property's size allows for a variety of operational configurations, catering to diverse culinary concepts and business models. The existing infrastructure is well-suited for immediate occupancy, minimizing upfront capital expenditures. This presents a compelling opportunity for established restaurateurs seeking expansion or new entrepreneurs looking to establish a thriving business in a vibrant urban setting. The property's address is 329 E 1st St, Dayton, OH 45402, with precise coordinates at latitude 39.763812 and longitude -84.18644. The flexible space and established location make this a truly remarkable opportunity in the Dayton market. Serious inquiries are encouraged to explore the potential of this exceptional property.

    Property Features for 329 1St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,942 SF

    Unit(s) available at that property

    Space
    Size
    10,942 SF
    Rate per SF
    $24

    HighLights

    • Water Street District: A vibrant, mixed‑use riverfront development in Dayton, OH, adjacent to RiverScape MetroPark and Day Air Ballpark, featuring office, retail/restaurant space, structured parking, and a new hotel.
    • Delco Lofts: 133 luxury loft apartments in a restored historic building, featuring polished concrete floors, quartz countertops, and floor‑to‑ceiling windows.
    • Historic Delco Building Redevelopment: Conversion of a former manufacturing plant into Delco Lofts, preserving original features like industrial‑scale windows, mushroom columns, and high ceilings, including a restored sixth‑floor amenity space.
    • Complex Financing: Project financing included federal & state historic tax credits, PACE financing, traditional financing, and private equity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Delco Lofts Apartment Complex Knock 2 Open, ... Real Estate Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.18644
    Latitude
    39.763812

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    FAQs

    What type of property is this?
    Restaurant - Established eatery, flexible space, high traffic area.
    Where is this restaurant located?
    The property is located at 329 1St St Dayton, OH.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Water Street District: A vibrant, mixed-use riverfront development in Dayton, OH, adjacent to RiverScape MetroPark and Day Air Ballpark, featuring office, retail/restaurant space, structured parking, and a new hotel.; Delco Lofts: 133 luxury loft apartments in a restored historic building, featuring polished concrete floors, quartz countertops, and floor-to-ceiling windows.; Historic Delco Building Redevelopment: Conversion of a former manufacturing plant into Delco Lofts, preserving original features like industrial-scale windows, mushroom columns, and high ceilings, including a restored sixth-floor amenity space.
    Request Owner's contact information
    329 1St St Dayton, OH 45402
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    Dayton, OH 45402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    329 1St St Dayton, OH 45402
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