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2119 Central Ave 5,277 SF 100% Leased Office Building Middletown, OH 45044 $365,000 ($69.17/SF)
Executive Summary
Incredible investment opportunity in Middletown. Retail/Residential, a 5,277 SQF multi-tenant free standing building with three apartments and a successful private music studio. Each tenant has one year lease. Common laundry in the basement. Location is in walking distance to restaurants and downtown. Full appraisal was completed this year and available. Electrical upgrades occurred in 2023. Zoned as 429-C (Other Retail structures). Perfect for the Dayton/Cincinnati market. Leases/rent amounts available upon request.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Building Size
5,277 SF
Building Class
C
Year Built
1954
Price
$365,000
Price Per SF
$69.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,639 SF
Building FAR
0.76
Lot Size
0.16 AC
Parking
5 Spaces (0.95 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | Q6532-029-000-072 | Improvements Assessment | $51,590 (2025) |
| Land Assessment | $5,320 (2025) | Total Assessment | $56,910 (2025) |
Property Taxes
Parcel Number
Q6532-029-000-072
Land Assessment
$5,320 (2025)
Improvements Assessment
$51,590 (2025)
Total Assessment
$56,910 (2025)
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2119 Central Ave
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