1131 Central AveMiddletown, OH 45044

For Sale
$1,900,000

38,000 SF, Diverse Income Streams

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Middletown, Ohio commercial property, located at 1131 Central Ave, presents a compelling investment opportunity priced at $1,900,000. The 38,000 square foot building boasts a diverse tenant mix, including a hotel, restaurant, and traditional office spaces, generating stabilized rental income. Previously a JCPenney store, the building retains desirable features such as an elevator, secure entrances, and a convenient truck dock. Its prime location on Central Avenue ensures high visibility, benefiting from over 8,000 daily passersby. The property's strategic placement near major roadways and amenities further enhances its appeal to a wide range of businesses. Vacant spaces offer potential for increased revenue generation. This multi-functional property in Butler County, Ohio (zip code 45044) provides a rare chance to acquire a versatile commercial asset with significant upside. The asking price of $1,900,000 translates to $50 per square foot. This mixed-use building offers a strong foundation for a diversified investment portfolio.

Highlights

  • $1,900,000 asking price for a 38,000 square foot Middletown, OH commercial building.
  • Mixed-use property with hotel, restaurant, and office tenants generating stabilized income.
  • Features include elevator, secure entrances, and truck dock; previously a JCPenney.
  • High-visibility location on Central Avenue with over 8,000 daily passersby.
  • Located near major roadways and amenities in Butler County, OH (45044); vacant spaces offer upside potential.
  • $50 per square foot price; strong foundation for a diversified investment portfolio.

Location Insight

City
Middletown
County
Butler
State
Ohio
Latitude
39.5163015
Longitude
-84.4024122
1131 Central Ave, Middletown, Ohio

FAQs

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1131 Central Ave
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