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    221 Ludlow St Dayton, OH 45402

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Dayton retail, newly renovated.

    Lot size:
    3,596 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,596 square foot retail space, located at 221 S Ludlow St in Dayton, Ohio 45402, presents a unique investment opportunity. Originally constructed in 1925 and extensively renovated in 2022, the property is currently offered as a single-tenant space, ideal for a variety of retail or restaurant concepts. The building boasts a "white box" condition, providing a blank canvas for a tenant's custom design and build-out. Benefiting from its strategic location, the property sits directly beneath The Graphic Arts Lofts, a 24-unit luxury loft development, ensuring high foot traffic and visibility within the vibrant downtown Dayton area. This prime location offers excellent access to local amenities and a thriving community. The property's single-tenant occupancy simplifies management and provides a stable income stream. Furthermore, tenant improvement (TI) allowances are negotiable, offering flexibility for potential occupants. This presents a rare chance to acquire a beautifully renovated, high-visibility retail space in a rapidly developing area of Dayton. The property's combination of historical charm and modern updates makes it an attractive proposition for discerning businesses seeking a unique and well-located space.

    Property Features for 221 Ludlow St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,596 SF

    Building Details

    Year Built/Renovated
    1925/2022

    Unit(s) available at that property

    Space
    Size
    3,596 SF
    Rate per SF
    $12

    HighLights

    • 3,596 SF retail space at 221 S Ludlow St, Dayton, OH 45402.
    • Completely renovated in 2022, offering a modern "white box" interior.
    • Single‑tenant occupancy simplifies management and provides stable income.
    • Prime location beneath The Graphic Arts Lofts, ensuring high foot traffic and visibility in downtown Dayton.
    • Negotiable tenant improvement (TI) allowances.
    Property Profile Location Intelligence

    Current Use by Public Records

    Graphic Arts Building ... Graphic Designer

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1930714
    Latitude
    39.7557922

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    FAQs

    What type of property is this?
    Restaurant - Prime Dayton retail, newly renovated.
    Where is this restaurant located?
    The property is located at 221 Ludlow St Dayton, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 3,596 SF retail space at 221 S Ludlow St, Dayton, OH 45402.; Completely renovated in 2022, offering a modern "white box" interior.; Single-tenant occupancy simplifies management and provides stable income.
    Request Owner's contact information
    221 Ludlow 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
    221 Ludlow St Dayton, OH 45402
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