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    138 Wilkinson St Dayton, OH 45402

    For Sale
    $1,850,000

    Prime Dayton Office, 51,000 SF, $1.85M

    Property size:
    51,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 51,000 square foot executive office building, located at 138 S Wilkinson Street in Dayton, Ohio's central business district, presents a unique investment opportunity. Built in 1951, this two-story Class B building sits on a 1.24-acre lot and boasts 100% occupancy. The asking price is $1,850,000, translating to $44.12 per square foot. The property features a versatile layout ideal for a variety of uses. Currently configured with a gym, auditorium, kitchen, office/classroom spaces, and open areas, the building also includes an elevator for convenient access to both floors. Ample parking is available with 12 spaces dedicated solely to the building, plus an additional 11 grandfathered spaces in the adjacent east lot. Its central location offers easy access to Sinclair Community College, making it an attractive option for educational or related businesses. The building's history as the former Greater Dayton School adds to its unique character and potential for adaptive reuse. This rare offering presents a compelling opportunity to acquire a substantial, well-located property with significant upside potential in a thriving urban setting. The property's size, amenities, and central location make it a highly desirable asset.

    Property Features for 138 Wilkinson St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    51,000 SF
    Class
    B
    Lot Size
    54,014 SF

    Building Details

    Year Built
    1951
    Stories
    2

    HighLights

    • 51,000± SF Special Use Building with Office, Gym, and Auditorium Available for Sale.
    • Prime Central Business District Location.
    • Features include a gym, auditorium, kitchen, classrooms, open office space, and elevator.
    • Highly versatile building with multiple potential uses.
    • Conveniently located near Sinclair Community College.
    • 23 parking spaces: 12 dedicated and 11 grandfathered spaces in the east lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    937 Hoop Dreams Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Law Firm 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
    -84.1943624
    Latitude
    39.7566176

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Dayton Office, 51,000 SF, $1.85M
    Where is this office property / space located?
    The property is located at 138 Wilkinson St Dayton, OH.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 51,000± SF Special Use Building with Office, Gym, and Auditorium Available for Sale.; Prime Central Business District Location.; Features include a gym, auditorium, kitchen, classrooms, open office space, and elevator.
    (937) 469-8269
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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
    138 Wilkinson St Dayton, OH 45402
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