Log In/Sign Up
Your email has been sent.
1131 Central Ave 38,000 SF 100% Leased Office Building Middletown, OH 45044 $1,100,000 ($28.95/SF)
Investment Highlights
- Nice mix of spaces
- Stabilized rental income
Executive Summary
38,000 SF stabilized rental income property. Occupants include office, restaurant, boutique hotel, hair salon, and more. Vacant spaces allow for rental income growth including event/entertainment venue, office, and expansion of hotel. A radio station occupied space on the second floor. This space could be used as a recording studio and/or Podcast broadcasting space.
Building as several office, retail spaces available for lease.
Building as several office, retail spaces available for lease.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
38,000 SF
Building Class
B
Year Built
1955
Price
$1,100,000
Price Per SF
$28.95
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,500 SF
Slab To Slab
9’
Building FAR
4.00
Lot Size
0.22 AC
Zoning
CBD-1
Parking
40 Spaces (1.05 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Food Service
- Restaurant
- Basement
- Central Heating
- Hardwood Floors
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Indigo Pass Boutique Hotel
- -
- -
- -
- -
- Kathryn L Streiff MSW Lisw LLC
- Health Care and Social Assistance
- -
- -
- -
- Mc Hair Salon
- Services
- -
- -
- -
- Portopia
- Retailer
- -
- -
- -
- Quattroculture, LLC
- Professional, Scientific, and Technical Services
- -
- -
- -
- Technician Solutions
- Health Care and Social Assistance
- -
- -
- -
- Vitori's Market
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Indigo Pass Boutique Hotel | - | - | - | - | ||
| Kathryn L Streiff MSW Lisw LLC | Health Care and Social Assistance | - | - | - | ||
| Mc Hair Salon | Services | - | - | - | ||
| Portopia | Retailer | - | - | - | ||
| Quattroculture, LLC | Professional, Scientific, and Technical Services | - | - | - | ||
| Technician Solutions | Health Care and Social Assistance | - | - | - | ||
| Vitori's Market | - | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | Q6511-009-000-027 | Improvements Assessment | $43,240 |
| Land Assessment | $6,390 | Total Assessment | $49,630 |
Property Taxes
Parcel Number
Q6511-009-000-027
Land Assessment
$6,390
Improvements Assessment
$43,240
Total Assessment
$49,630
1 of 53
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1131 Central Ave