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118 S Walnut St
Troy, OH 45373
Flex Property For Sale
Executive Summary
The Montross Mansion spans nearly 9,000 square feet and stands as one of Troy’s most substantial historic properties, located two blocks from the downtown district. The building is zoned for residential, commercial, or mixed occupancy, allowing for a variety of future directions under its current designation. Included with the property is a planned silicone restoration of the main flat roof sections. The work is intended to extend the roof’s lifespan and will carry a 20-year manufacturer material warranty along with a 12-year workmanship warranty. The interior is anchored by a grand ballroom featuring parquet flooring, arched windows, and a balcony overlooking the space. Imported mirrors, chandeliers, and hand-painted murals contribute to the architectural character found throughout. Multiple first-floor rooms open to a private courtyard, creating additional outdoor functionality within the layout. Above the two-car carriage house is a separate one-bedroom, one-bath apartment, offering independent space that may serve a variety of needs. The main structure includes five bedrooms, four full baths, three half baths, a library with screened porch, twelve gas fireplaces, elevator access to all four floors, a sunroom adjoining the primary suite, a third-floor kitchenette, walkout lower level, office and recreation areas, two laundry rooms, and extensive storage. Opportunities offering this level of scale and flexibility are rarely offered—schedule a showing to explore its potential.
Property Facts
| Sale Type | Owner User | Rentable Building Area | 8,926 SF |
| Property Type | Flex | No. Stories | 4 |
| Property Subtype | Showroom | Year Built/Renovated | 1920/2003 |
| Lot Size | 0.18 AC | Parking Ratio | 0.22/1,000 SF |
| Zoning | B-3 - B-3 Central Business District. See attachments for more information. | ||
| Sale Type | Owner User |
| Property Type | Flex |
| Property Subtype | Showroom |
| Lot Size | 0.18 AC |
| Rentable Building Area | 8,926 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1920/2003 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | B-3 - B-3 Central Business District. See attachments for more information. |
Amenities
- Courtyard
- Fenced Lot
- Security System
- Wheelchair Accessible
- Accent Lighting
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | D08002270 | Improvements Assessment | $334,500 |
| Land Assessment | $11,480 | Total Assessment | $345,980 |
Property Taxes
Parcel Number
D08002270
Land Assessment
$11,480
Improvements Assessment
$334,500
Total Assessment
$345,980
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