404 Wayne St Piqua, OH 45356-2232
This exceptional 2,340 square foot commercial building, situated on a 0.03-acre lot at 404 N Wayne Street in the heart of Piqua, OH, presents a unique investment opportunity. Currently configured as a doctor's office, the property's adaptability makes it ideal for a wide range of businesses. The first floor boasts multiple exam rooms, a kitchenette, ample storage, mechanical rooms, and a welcoming entry area. This layout is easily convertible to suit various professional services, such as beauty salons, barber shops, or law offices. The second floor offers a flexible layout with potential for residential use, including areas suitable for a kitchen, living room, bathroom, and possibly two bedrooms. This live-work arrangement allows for significant cost savings. The property benefits from a recently replaced roof, eliminating immediate maintenance concerns. Its central location in a busy downtown area ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a thriving business environment. The building's versatility, combined with its prime location and recent roof replacement, makes this a compelling investment opportunity with significant upside potential. The asking price is $169,900.
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Coughlin Chiropractic Center Alternative Medicine Practice
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.