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    343 5Th St Dayton, OH 45402

    Sponsored
    For Lease
    Contact for pricing

    Historic building, prime Oregon District location

    Lot size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,600 square foot building at 341-343 E. 5th St., Dayton, OH 45402, presents a unique investment opportunity. Situated on a 0.08-acre lot in the vibrant Oregon District, this two-story, 1900-built structure offers versatile space ideal for a variety of uses. Currently awaiting renovation, the property is zoned to accommodate restaurant, retail, office, or residential tenants. The building's single-tenant configuration provides flexibility for a single large user or the potential for division into smaller spaces. Its central location offers unparalleled access to the Dayton Convention Center, Day Air Ballpark, and numerous hotels, including the AC Hotel and Fairfield Inn & Suites. Furthermore, the property benefits from its proximity to over 3,750 residential units, ensuring a robust customer base. An attractive feature is the planned exterior patio area, perfect for outdoor seating or entertainment, situated between the building and Lilly's Bistro. A liquor license is readily available, adding further appeal for restaurant or bar concepts. The property's address is 343 E 5th St, with a cross street of Brown, and APN R72 00607 0031. This is a rare chance to acquire a historic building in a thriving urban district with significant redevelopment potential. No elevators are present.

    Property Features for 343 5Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,600 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    6,600 SF

    HighLights

    • Two‑story building with basement.
    • High ceilings throughout.
    • Excellent location in the heart of Dayton's Oregon District, a thriving entertainment area.
    • Suitable for restaurant, retail, or office use; residential use also approved.
    • Liquor license readily transferrable.
    • Prime location near Day Air Ballpark, AC Hotel, Fairfield Inn & Suites, Dayton Convention Center, and over 3,750 residential units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dayton Gutter cleaning ... Gutter Cleaning Service

    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
    -84.185436661385
    Latitude
    39.757235277801

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    FAQs

    What type of property is this?
    Restaurant - Historic building, prime Oregon District location
    Where is this restaurant located?
    The property is located at 343 5Th St Dayton, OH.
    What are key features of this property?
    This property features: Two-story building with basement.; High ceilings throughout.; Excellent location in the heart of Dayton's Oregon District, a thriving entertainment area.
    Request Owner's contact information
    343 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
    343 5Th St Dayton, OH 45402
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