129 Detroit St Xenia, OH 45385-3503
This exceptional investment opportunity presents a 10,000-11,000 square foot multi-tenant storefront property located at 129 S Detroit St, Xenia, Ohio 45385. Currently boasting 100% occupancy with three tenants under month-to-month agreements following active three-year leases, this Class B property offers immediate cash flow. The versatile space is ideally suited for a mix of retail and office uses, providing significant potential for future growth and income. The gross lease structure simplifies management, while the prime downtown Xenia location ensures high visibility and accessibility. This property is perfect for investors seeking a stable, income-generating asset or owner-occupants looking to expand their business. The building's size and layout offer considerable flexibility, allowing for adaptation to various business needs. The asking price is $289,900. This is a rare opportunity to acquire a fully occupied, high-demand commercial property in a thriving Ohio market. Don't miss out on this chance to secure a valuable addition to your investment portfolio. Contact us today to schedule a showing.
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Doster Heating & Cooling LLC HVAC Service General Contractor
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Wesner, Miller & Luring Co., L.P.A. Law Firm Financial Advisor
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Ed Frizzell Law LLC Law Firm
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JSolis Construction Construction Company
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Harmon Appliances and Furniture Home Decor Store Department Store
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.