5140 Salem Ave Dayton, OH 45426
For Lease
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This vacant 4,340 square foot retail building, formerly a Cashland and McDonald's, is available for $350,000. Located in Dayton, Ohio's Montgomery County (zip code 45426), this single-tenant property sits on a 0.81-acre lot with 173 feet of frontage on Salem Avenue, a high-traffic street boasting 19,000 cars per day. The building features a drive-thru with two pickup windows (adaptable for increased capacity), a 338 square foot patio, and ample parking for 40 vehicles. The interior includes 4,340 square feet on the first floor and an additional 1400 square feet in the basement. A new 20-year roof has recently been installed, and the property includes two ADA-compliant bathrooms. The property is zoned G-B General Business District, making it suitable for a variety of uses, including quick-service restaurants, coffee shops, medical offices, financial services, motor services, convenience stores, and light pawn shops. A pylon sign is available, ensuring excellent visibility. Easy access is provided via curb cuts on Salem Avenue and Covenant House Drive. This prime location offers significant potential for a variety of businesses seeking high visibility and convenient access in a densely populated area.
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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
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.