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Claridge Center 1404 Webster St 2,992 SF Office Building Dayton, OH 45404 $69,000 ($23.06/SF)

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INVESTMENT HIGHLIGHTS

  • Close to I-75 and Route 4
  • Near Dayton Children's Hospital
  • Adjacent to Kroc Center

EXECUTIVE SUMMARY

This listing is for the former Claridge recreation center owned by the City of Dayton. The adjacent parking lot is included in the +0.5 acre site. The building is currently leased to a local food pantry month-to-month. The building will need to be renovated and receive zoning approval for any proposed use. Written proposal is required.
The City will retain most of the adjacent park land. The park itself is NOT for sale. The City has a new boundary survey and subdivided the building from the rest of the property.
The property is currently zoned for "open space" and will most likely need to be re-zoned. Buyer will be responsible for the architectural plans and renovations needed to obtain a new Certificate of Occupancy. All offers are subject to approval by the Dayton City Commission.
The site is near I-75 as well as the Salvation Army's Kroc Center, and a variety of businesses.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
2,992 SF
Building Class
C
Year Built
1920
Price
$69,000
Price Per SF
$23.06
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,496 SF
Building FAR
0.14
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
Open Space
Parking
10 Spaces (3.34 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R72-05701-0103
Land Assessment
$50,240
Improvements Assessment
$69,310
Total Assessment
$119,550
  • Listing ID: 3636440

  • Date on Market: 7/25/2013

  • Last Updated:

  • Address: 1404 Webster St, Dayton, OH 45404

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