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    340 1St St Dayton, OH 45402

    Sponsored
    For Lease
    $19 SF/Yr

    Prime Dayton location, 4 spaces available, renovation underway.

    Lot size:
    98,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Delco, a Dayton landmark formerly known as Mendelsons, offers exceptional office, retail, and restaurant spaces within the vibrant Water Street District. This historic building boasts a total of 20,000 to 26,000 square feet of available space, divided into four separate units, perfect for a variety of businesses. Its prime location provides unparalleled convenience and access to numerous amenities. Enjoy the walkability to Day Air Ballpark, Delco Lofts, the AC Hotel by Marriott, and a wide array of dining and entertainment options. The Delco is undergoing a complete renovation, ensuring modern facilities within a historically significant structure. This presents a unique opportunity to establish a presence in a thriving downtown Dayton area, benefiting from the high foot traffic and strong community engagement. The property is located in Montgomery County, Ohio, within the Dayton submarket. Multiple tenancies are available, making it ideal for businesses of various sizes and needs. The building's rich history and strategic location combine to create an exceptional investment opportunity. Contact us today to learn more about the available spaces and leasing options.

    Property Features for 340 1St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,000 SF

    Unit(s) available at that property

    Space
    5th Floor Office Space
    Size
    26,000 SF
    Rate per SF
    $19
    Space
    6th Floor Office Space
    Size
    26,000 SF
    Rate per SF
    $19
    Space
    7th Floor Office Space
    Size
    26,000 SF
    Rate per SF
    $19
    Space
    20,000 SF Retail Space
    Size
    20,000 SF
    Rate per SF
    $24

    HighLights

    • Retail, office, and restaurant space available in Dayton, Ohio's Water Street District.
    • Multiple tenancies available, ranging from 20,000 to 26,000 square feet.
    • Located in Montgomery County, Ohio.
    • Historic building undergoing renovation.
    • Excellent walkability to Day Air Ballpark, Delco Lofts, and the AC Hotel by Marriott.
    Property Profile Location Intelligence

    Current Use by Public Records

    Water Street District ... Historical Landmark

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1860822
    Latitude
    39.7624145

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    FAQs

    What type of property is this?
    Restaurant - Prime Dayton location, 4 spaces available, renovation underway.
    Where is this restaurant located?
    The property is located at 340 1St St Dayton, OH.
    What is the lease rate?
    The lease rate is $19-$24 SF/Yr.
    What are key features of this property?
    This property features: Retail, office, and restaurant space available in Dayton, Ohio's Water Street District.; Multiple tenancies available, ranging from 20,000 to 26,000 square feet.; Located in Montgomery County, Ohio.
    Request Owner's contact information
    340 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
    340 1St St Dayton, OH 45402
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