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    Versatile Property Near I-75 Title is generated by Realmo AI

    913 Lebanon St, Monroe, OH 45050

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    Adaptable building suitable for event center, church, or restaurant.

    Type:Hospitality, Office, Special Purpose
    Property size:
    7,191 SF
    Price / SF:
    $166/SF
    Added:
    Mar 16, 2026
    Days on Market:
    104
    Last Refresh:
    Mar 19 at 11:43 pm

    Property Features for 913 Lebanon St

    General Information

    Standard status
    Active
    Size
    7,191 SF
    Property subtype
    Hospitality, Office, Special Purpose

    Building Details

    Year Built
    1985

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    Nick Barela
    Nick Barela

    Listing office Republic Commercial Real Estate

    Listing date Mar 16, 2026

    Source Crexi

    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 Republic Commercial Real Estate

    HighLights

    • Prime location with immediate access to I‑75 (Exit 29) and SR 63 frontage.
    • Flexible zoning ideal for event center, church, restaurant, or redevelopment.
    • Ample parking with 100+ surface spaces.
    • Versatile layout featuring a 70' x 38' dining hall and commercial kitchen.
    • Turnkey amenities including two full kitchens and large restrooms.
    • Separate 4‑car brick garage/maintenance building.

    Overview

    This property offers immediate access to I-75 (Exit 29) and frontage on SR 63. The building features a 70' x 38' dining hall, a commercial kitchen, and multiple support rooms. It includes two full kitchens, large restrooms, and dedicated storage areas. A separate 4-car brick garage/maintenance building is also located on the premises. The property is surrounded by over 100 surface parking spaces. The zoning allows for various uses, including an event center, church, restaurant, or redevelopment.

    Local Financial Insights For Specialty 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 $107.9k $15.00
    − Vacancy −$6.9k −$0.96
    EGI $101.0k $14.04
    − OpEx −$25.2k −$3.51
    NOI $75.7k $10.53
    7,191 SF · lease $15.00/SF/yr · vacancy 6.40% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.08M
    $946.5K – $1.26M (±1% cap)
    NOI $75,721 @ 7.0% cap · market cap 6.31%
    Second Best
    Hotel Hospitality
    $597.3K
    $522.6K – $696.8K (±1% cap)
    NOI $41,808 @ 7.0% cap · market cap 3.48%
    Theoretical Best
    Office A
    $1.42M
    $1.24M – $1.66M (±1% cap)
    NOI $99,526 @ 7.0% cap · market cap 8.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Butler
    State
    Ohio
    Longitude
    -84.3655
    Latitude
    39.4461

    FAQs

    What type of property is this?
    Church & religious facility - Adaptable building suitable for event center, church, or restaurant.
    Where is this church & religious facility located?
    The property is located at 913 Lebanon St Monroe, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Prime location with immediate access to I‑75 (Exit 29) and SR 63 frontage.; Flexible zoning ideal for event center, church, restaurant, or redevelopment.; Ample parking with 100+ surface spaces.
    (513) 549-5440 Call to check price and availability
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