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324 Jones St 7,717 SF Vacant Office Building Dayton, OH 45410 $560,000 ($72.57/SF)



Investment Highlights
- located just off Wayne Ave in the Oregon District
- 2 buildings. Front building was built in 1885 for the Requarth Family. Rear 2-story block building was built in 1920s to house Independent Awning.
Executive Summary
Mature multi family zoning makes it possible to live & work in this historic home; the original FA Requarth family home, where the Requarth daughter started one of the earliest women owned businesses in Dayton in the basement, over 115 years ago. Nearly 10 ft tall doors, some w/transoms, decorative mantel in living room w/gas insert, ornately carved curved staircase & pocket doors. Professionally designed kitchen by Requarth, opens to both the dining & living rooms features a dual fuel range with double ovens and a large pantry area. There is a private enclosed rear courtyard w/deck, patio & hot tub. 3 room basement w/concrete floors, laundry area, 1/2 bath, wash tub & glass block windows. New HVAC, Newer storm windows & doors in house. A later addition to the property is a 2 story, block construction building that offers a 2 car+ garage & additional awning covered parking area, newer vinyl replacement windows, the original hardwood work table & partial basement. Extensive list of updates and improvements is attached to the listing. Continuous occupancy of building preserves the opportunity for business usage in this popular historic neighborhood. While a vacancy over 180 days may result in loss of that opportunity. Conversations w/COD zoning have been very positive w/many possible uses for this property discussed, from coffee shop/bakery, to light manufacturing, to daycare or B&B, conversion to multi family, art studio etc. *Confirm w/COD zoning that your usage is permitted as the seller is unable to make any warranties.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,717 SF
Building Class
A
Year Built/Renovated
1885/2020
Price
$560,000
Price Per SF
$72.57
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,859 SF
Building FAR
1.27
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
commercial - Located in the historic Oregon District near dining and retail and professional office space. Many possible uses for this property.
Parking
4 Spaces (0.52 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | R72-01404-0008 | Improvements Assessment | $92,520 |
| Land Assessment | $6,700 | Total Assessment | $99,220 |
Property Taxes
Parcel Number
R72-01404-0008
Land Assessment
$6,700
Improvements Assessment
$92,520
Total Assessment
$99,220
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Presented by
Kamela & Company Realty
324 Jones St
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