Technical
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Property profile

221 Ludlow St Dayton, OH 45402

OFF-MARKET
Specialty properties
Built 1925
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Year built 1925

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
  • Marketing & Advertising Advertising Agency

Location

221 Ludlow St Dayton, OH 45402
Dayton metro
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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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