502 Wayne AveDayton, OH 45410

For Sale
$449,000

Mixed-use building, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional mixed-use investment opportunity, located at 502 Wayne Ave in Dayton, Ohio's vibrant Oregon District, presents a compelling proposition for discerning investors. The two-story, 6,606 square foot building, constructed in 1925, boasts a prime location just blocks from the Oregon District and the central business district (CBD), offering convenient access to US-35. The property features a first-floor retail space of approximately 2,400 square feet, potentially divisible to suit various tenant needs. Above, a spacious 2,400 square foot second-floor apartment provides an open concept layout with 2-3 bedrooms, 1.5 bathrooms, and laundry facilities. Adding to its appeal are two oversized parking garage/storage areas, providing ample space for tenants or owners. Rear alley access and convenient street parking further enhance the property's functionality. The property sits on a 0.112-acre lot and is zoned MNC (Mature Neighborhood Commercial), reflecting its suitability for a range of commercial and residential uses. Currently vacant, the property is available for occupancy on November 1, 2024. The asking price is $449,000, translating to $67.97 per square foot. This presents a rare chance to acquire a well-situated, versatile property in a thriving Dayton neighborhood. The property's size, location, and zoning make it an ideal investment for both short-term and long-term growth.

Highlights

  • Exceptional mixed-use investment opportunity in Dayton, OH's Oregon District.
  • 6,606 SF two-story building on a 0.112-acre lot, built in 1925.
  • Prime location blocks from Oregon District and CBD, with easy US-35 access.
  • First-floor retail space (approx. 2,400 SF), potentially divisible.
  • Second-floor apartment (approx. 2,400 SF) with open concept, 2-3 bedrooms, 1.5 baths, and laundry.
  • Two oversized parking/storage areas and rear alley access.

Property Details for 502 Wayne Ave

Property type
Other retail properties, Individual retail properties
Square Feet
6,606 SF
Year Built
1925
Buildings
1
Stories
2
Lot Size (sq. ft)
4,879 SF

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.755493075257
Longitude
-84.180378695112
502 Wayne Ave, Dayton, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
502 Wayne Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message