1700 Needmore Rd
Dayton, OH 45414
Office Property For Sale

Exterior and Interior in Immaculate condition. 15,570 SF New Roof - 2015 ($50,000 Value) New AC - 2011 - Chiller Carrier 45 tons ($75,000 Value) Year Built - 1968 3 Floors, 14 Suites, 62 rooms. Two Parking lots with 65 parking spots (access to both parking lots from a Cul-de-sac) Both parking lots were re-sealed and re-striped in 2017 Concrete and steel construction. Fully wired for phone and internet. Grand Entrance, 24X15 feet all glass. Twenty-One Zones for heating and cooling. Intercom system with two cameras to view, control, and record, back and front door. Floor to Ceiling Windows New Carpet. Brand new fire alarm - 2015. Burglar Alarm with 4 wired door contacts and 10 wired Motion detectors. Well maintained Boiler (Installed 1997 - 20 yr old) First floor newly renovated, new drywall, new paint, new carpet, new "solid-core" doors, new molding. ($40,000 Value) 2 restrooms on each floor, 2 stalls in each restroom with double sinks. Storage room on each floor with plumbing and sink (Approx 11FT X 5FT) which could turn into kitchenettes. 3-Phase Electricity. All floors are solid concrete. Low property tax, only $4,775 Tax per year. Business-friendly neighborhood. 13,600,000 annual traffic count face the building on Needmore Rd. Surrounded by multi-million dollar businesses. Creek at the far end of property included. Privacy, no neighbors, building sits between a creek and a road. Only 0.9 miles from Interstate 75 Exit 58 and Two exits south of Interstate 70. $186,000 rent income per year when fully occupied, (at $12/SF Full service) Front parking can be rented as "car lot" for additional $30,000 rent per year, subject to zoning. One of the nicest office building you will find. 13 Miles to Wright-Patterson Air Force Base. $3,114,000 Replacement cost (15,570 SF at $200 per SF)