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    125 Water St Piqua, OH 45356-2325

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    125 Water St Piqua, OH 45356-2325


    • Retail space
    • 17,584 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Dec 18, 2024
    $545,000
    Property ID
    US66-1222348
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lock 9 Park / Park
    • Bruce Photo & Imaging Studio / (Bike/Boat/Book/etc) Store / Photography Service
    • Town & Country Furniture / Furniture & Home Goods / Home Decor Store

    Property Details for 125 Water St

    Year built
    1920
    Lot size
    0.37 lot acres
    Property size
    17,584 SF
    Property type
    Retail space
    APN
    N44-001910
    APU
    N44001910

    Description

    This exceptional 43,400 square foot retail storefront, located at 125 W. Water Street in Piqua, Ohio, presents a compelling investment opportunity. Priced at $649,000 ($14.95/sq ft), this four-story building boasts a prime downtown location, adjacent to City Hall and situated within Piqua's active redevelopment zone. The property benefits from its position along US-36, a major Piqua artery, ensuring high visibility and accessibility. Significant features include a newly installed roof (2023), fully air-conditioned first and second floors, and ample parking, including dedicated employee spaces. The building's impressive size is further enhanced by gigantic showroom windows, maximizing natural light and creating a striking street presence. The permitted zoning, D-GX (Downtown General Mixed Use), allows for a variety of potential uses, making this a versatile and attractive option for both established businesses and forward-thinking developers. The extensive parking lot and convenient location near City Hall add to the property's overall appeal. This is a rare chance to acquire a substantial retail space in a thriving Ohio city undergoing significant revitalization. The property's size and location make it ideal for a wide range of retail or mixed-use ventures. Consider the potential of this significant asset in a dynamic urban setting.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $545,000
      ML approach
      $545,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $500,000
      Market price range: $500k - $1.06M
      AI Estimate
      $598,000
      Market price range: $598k - $1.92M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $805,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Piqua
    County
    Miami
    State
    Ohio
    Longitude
    -84.2406
    Latitude
    40.1472
    CBSA code
    19430
    CBSA name
    DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,263
    $16,940
    $53,270
    $70,210
    -
    $48,400
    $152,200
    $200,600
    More about this property
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