3881 Salem AveDayton, OH 45406

For Sale
$1,250,000

High-Traffic Corner, 11,206 SF

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional Dayton, Ohio retail property, located at the prominent corner of Salem Ave and Siebenthaler Ave, offers 11,206 square feet of versatile space on a 1.95-acre lot. The former Rite Aid building, built in 1997, is a Class C, single-story structure with 63 paved parking spaces, providing a parking ratio of 5.53 spaces per 1,000 square feet. The property features convenient curb cuts on both Salem Ave and Siebenthaler Ave, and a traffic signal at the intersection ensures high visibility and accessibility. With over 16,000 cars passing daily, this location offers unparalleled exposure for a variety of businesses. The property is vacant and available for immediate occupancy, offering a fee simple ownership opportunity. The asking price is $1,250,000, resulting in a price per square foot of $111.55. The property's APN is E20 01107 0064. This is a NNN lease type property. The property is zoned for retail use and is ideal for a convenience store, pharmacy, or storefront operation. Its prime location and ample parking make it an attractive investment opportunity in a high-traffic area of Dayton.

Highlights

  • High-profile corner location at Salem and Sibenthaler.
  • High traffic count exceeding 16,000 vehicles daily.
  • Building delivered fully occupied at closing.
  • Ample parking with a 5.53:1 ratio.
  • 63 asphalt paved parking spaces.

Property Details for 3881 Salem Ave

Property type
Other retail properties, Individual retail properties
Square Feet
11,206 SF
Class
C
Year Built
1997
Buildings
1
Stories
1
Lot Size (sq. ft)
84,942 SF
Units
1

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.7974447
Longitude
-84.2510043
3881 Salem Ave, Dayton, Ohio

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3881 Salem Ave
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