115 Springfield St Dayton, OH 45403-1109
This exceptional mixed-use property, located at 115 Springfield Street in Dayton, Ohio, presents a compelling investment opportunity. The building, constructed in 1953, boasts a total of 2,284 square feet situated on a 0.23-acre lot. The property's unique configuration includes a ground-floor commercial space currently operating as a restaurant, complemented by a residential apartment situated above. This arrangement ensures consistent rental income streams, making it an attractive prospect for investors seeking a stable, cash-flowing asset. The property is fully occupied, generating immediate returns. The asking price is $150,000, translating to a price per square foot of $87.13. The property's parcel number (APN) is R72-04503-0058. This Dayton, Montgomery County location, with its zip code 45403, offers convenient access to local amenities and transportation networks. The attached panel further enhances the property's functionality and value. This turnkey investment is ready for a new owner to continue its success. The property's strong occupancy and established cash flow make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.