301 1st St Dayton, OH 45402-3033
This bank-owned foreclosure presents a unique opportunity to acquire a 6,962-square-foot medical office condo in Dayton, Ohio. Located at 301 W First St, 45402, this Class B property boasts a prime downtown location and is situated on a 0.99-acre lot, including approximately 0.67 acres of parking with roughly 45 spaces. The building, constructed in 1987, is a three-story structure with a vacant first-floor unit. The interior features a well-designed layout previously occupied by a medical practice, including 7 offices, 2 waiting rooms, 3 restrooms, 8 treatment rooms, 4 exam rooms, an X-ray room, and additional storage space. A common area and elevator serve all three floors. The property includes wet sprinklers and has undergone recent Phase I and II environmental assessments. Currently listed at $150,000 (with a $513,000 appraisal), this owner-user investment opportunity is being sold as a bank-owned foreclosure and is available through an online auction. Annual property taxes are $22,328. The property is zoned for office use. This is a vacant, single-unit property. Contact the auctioneer for a tour.
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BCS Property Solutions, LLC General Contractor
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OBDOMDEL MANAGEMENT AGENCY Construction Company General Contractor
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Kataton Logistics LLC Logistics Company Freight Service
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Morgan & Westfield Business Broker
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Mazen Abushaban Pharmacy
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
No recorded transactions found for this property.
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.