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Investment Highlights

  • Building has been cleaned out
  • Wide open basement

Executive Summary

Own a piece of History! This is one of the oldest buildings in Downtown Dayton... our research dates it to 1865! It is one of few buildings to survive the 1913 flood and the massive fire on E. Third (also in 1913), the area is now called the "Fire Blocks District" There are many new and exciting developments in the area. Several new restaurants and remodeled apartment buildings make this mixed use building a great investment! Blueprints are available for this to be transformed into first floor commercial space with 4 potential apartments on floor 2 and 3. Or you could make 2 huge loft apartments .There is also a wide open basement. The second and third floors are basically untouched with lots of exposed brick and mechanical machines from previous businesses. This was a hardware store in the 1930s and 40s, and a tailor shop in the 1960s. Each level is approx 2000 sq ft. mostly open space. It will need all new mechanicals... utilities have been off several years. Building has been cleaned out with some demo already
completed. It is a blank slate with endless possibilities! Being sold as-is, buyer responsible for due due diligence with City zoning offices etc.
Must close with M&M Title Agency ( agent will explain why)) If you are looking for a cool building downtown to start a new business or grow an existing one this is the place! Downtown Dayton is HOT don't miss this opportunity , this block is up and coming! More pictures to come but you must see it to realize its potential!

Property Facts

Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,000 SF
Building Class
C
Year Built
1910
Price
$300,000
Price Per SF
$37.50
Tenancy
Multiple
Building Height
3 Stories
Building FAR
4.59
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
Mixed-Use - Allows for a combination of residential, commercial, and sometimes light industrial uses within a single development.
Parking
10 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
23’ on E 3rd St

Amenities

  • Bus Line
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Snap Fitness 24/7
KeyBank
PNC Bank
Huntington Bank
BIGGBY Coffee
Kroger

Property Taxes

Property Taxes

Parcel Number
R72-00508-0015
Land Assessment
$6,830
Improvements Assessment
$5,100
Total Assessment
$11,930
  • Listing ID: 38256616

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: 138 E 3rd St, Dayton, OH 45402

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