225 Walnut StTroy, OH 45373

For Sale
$685,000

10,560 SF Retail/Garage, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Troy, Ohio retail property, located at 225 S Walnut Street, boasts 10,560 square feet on a 18,295.2 square foot lot. The building, constructed in 1929, features a 6,960 square foot retail space currently occupied by a long-term tenant (lease extending to 2028), plus a 3,600 square foot service repair garage. The retail area includes a sizable 3,000+ square foot mezzanine, ideal for storage or inventory. Three overhead doors enhance functionality. The property offers convenient access to Troy's Public Square and ample parking with 25+ off-street spaces. This turnkey opportunity presents significant income potential due to the existing lease and the availability of a 3,600 square foot space for lease. The asking price is $685,000, translating to $64.87 per square foot. This well-maintained property is situated in a high-traffic area with numerous nearby shopping and dining options, making it an attractive investment for both business owners and investors seeking a stable, income-generating asset. The property consists of two units.

Highlights

  • $685,000 asking price for a 10,560 square foot retail property.
  • Located at 225 S Walnut Street, Troy, OH 45373.
  • Features two units: a 6,960 SF retail store and a 3,600 SF service repair garage, plus 3,000+ SF of mezzanine space.
  • Anchored by a long-term tenant (Genuine Auto Parts) with a lease extending to 2028.
  • Includes 25+ off-street parking spaces and is situated three blocks from Troy's Public Square.
  • One 3,600 SF space is available for lease.

Property Details for 225 Walnut St

Property type
Other retail properties, Retail properties
Square Feet
10,560 SF
Year Built
1929
Units
2

Location Insight

City
Troy
County
Miami
State
Ohio
Latitude
40.0363083
Longitude
-84.2041314
225 Walnut St, Troy, Ohio

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225 Walnut St
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