1205 N Gettysburg Ave Dayton, OH 45417
This 741 square foot, vacant commercial property located at 1205 N Gettysburg Ave in Dayton, Ohio, presents a compelling investment opportunity. Previously a Rally's Hamburgers restaurant, this building, constructed in 1989 and renovated in 1998, is ideally suited for a quick-service restaurant or similar retail use. The property is situated on a highly visible, signalized corner lot in Montgomery County, Ohio, experiencing approximately 22,000 vehicles per day. Its EGC zoning provides flexibility for various business concepts. The location benefits from proximity to a recently renovated McDonald's and convenient access via public transportation, being situated on a bus line. The asking price is $450,000, translating to $607.29 per square foot. The lease type is NNN, and the property is currently vacant. Further enhancing its appeal, this property is located within an Opportunity Zone, offering potential tax advantages for investors. The building's previous configuration as a double drive-thru restaurant allows for a straightforward conversion back to this layout, providing significant operational flexibility for future tenants. This is a rare opportunity to acquire a well-located, adaptable commercial property in a thriving area of Dayton. The zip code is 45417.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.