900 Market St Troy, OH 45373
- Neighborhood centers
- 93,602 SF
Current Use by Public Records
- Sherwood Shopping Center / Business Center
Property Details for 900 Market St
- Year built
- 1957
- Property size
- 93,602 SF
- Property type
- Neighborhood centers
- Property subtype
- Community centers
Description
This exceptional 93,602 square foot retail center, situated on a 7.24-acre lot in Miami County (APN D08098820), presents a compelling investment opportunity. Built in 1957, the single-story building boasts a recently renovated exterior, including a brand-new façade, roof, and parking lots. Currently, the property features a mix of established tenants, including a restaurant (redBerry), a church (Valley Church), a fitness center (Everybody Fitness), a Family Dollar, Needlers, and Timber & Bow Play Studio. A significant portion of the space, totaling 50,000 square feet, is currently vacant, offering substantial potential for expansion or lease to new tenants. The available space includes one large unit of 30,000 square feet, ideal for a variety of retail uses. This high-traffic location in Troy offers excellent visibility and accessibility, making it an attractive destination for both shoppers and businesses. The property's strong existing tenant base and significant vacant space provide a unique opportunity to capitalize on a thriving retail market. The recent renovations ensure the property is well-maintained and ready for immediate occupancy. This is a rare chance to acquire a well-positioned, established retail center with significant upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Miami
- State
- Ohio
- Longitude
- -84.1946
- Latitude
- 40.0509