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Property profile

16 Ludlow St Dayton, OH 45402

OFF-MARKET
Retail properties & Spaces
140,848 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the heart of Dayton's Central Business District (CBD), directly beneath the Fifth Third Center Garage at 16 S Ludlow St, Dayton, OH 45402. The property, a Class B building constructed in 1989 and renovated in 1989, offers two available retail suites totaling 6,417 square feet of contiguous space. Suite 6 comprises 5,000 square feet, while Suite 12 offers 1,417 square feet. The minimum divisible space is 1,417 square feet, providing flexibility for various business needs. The entire building encompasses 140,848 square feet across eight stories, and includes convenient access to 500 parking spaces within the adjacent Fifth Third Center Garage. This prime location benefits from high visibility and foot traffic due to its proximity to South Main Street in Montgomery County. The property is categorized as specialty retail with multiple tenancies. This presents a unique chance to establish a presence in a thriving Dayton CBD submarket, within a Class B building offering a blend of established infrastructure and convenient amenities. The address is easily accessible and benefits from the high traffic volume associated with its central location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 140,848 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Parking Lot & Garage

Location

16 Ludlow St Dayton, OH 45402
Dayton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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