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    341 5Th St Dayton, OH 45402

    Sponsored
    For Sale
    $680,000

    Historic building, prime location, redevelopment opportunity.

    Property size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,600 square foot, two-story building at 343 E. Fifth St. in Dayton, Ohio, presents a unique redevelopment opportunity. Currently vacant, this property is ideally situated in the heart of the vibrant Oregon District, offering unparalleled potential for a variety of uses, including a bar, restaurant, retail space, or office. Built in 1900, the building sits on a 0.083-acre lot (APN R72-00607-0031) and is zoned MNC. The asking price is $680,000, translating to $103.03 per square foot. The property features a basement in addition to the two floors above ground. A significant advantage is the planned exterior patio area, creating an attractive outdoor space between the building and Lilly's Bistro. This location offers high visibility and foot traffic, making it an excellent investment for an entrepreneur seeking a high-impact commercial space. The property is for sale, offering a chance to capitalize on the Oregon District's thriving atmosphere and create a successful business venture. The building's history and location combine to create a truly unique and compelling investment opportunity.

    Property Features for 341 5Th St

    General Information

    Property type
    Restaurants
    Square Feet
    6,600 SF
    Lot Size
    3,615 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2

    HighLights

    • 6,600 SF, two‑story building in Dayton, OH's Oregon District.
    • Vacant, offering redevelopment potential for various uses (bar, restaurant, retail, office).
    • Located on a 0.083‑acre lot (APN R72‑00607‑0031), zoned MNC.
    • Asking price: $680,000 ($103.03/SF).
    • Features a basement and planned exterior patio.
    • High visibility and foot traffic in a thriving location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    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
    -84.1854614
    Latitude
    39.7573716

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    FAQs

    What type of property is this?
    Restaurant - Historic building, prime location, redevelopment opportunity.
    Where is this restaurant located?
    The property is located at 341 5Th St Dayton, OH.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: 6,600 SF, two-story building in Dayton, OH's Oregon District.; Vacant, offering redevelopment potential for various uses (bar, restaurant, retail, office).; Located on a 0.083-acre lot (APN R72-00607-0031), zoned MNC.
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    341 5Th 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
    341 5Th St Dayton, OH 45402
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