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4023 Salem Ave
Dayton, OH 45416
Retail Property For Sale

Investment Highlights
- Zoned NB (Neighborhood Business), supporting multiple commercial uses.
- Billboard on property generates approximately $2,000 in annual income.
- Includes one drive-in door and eight on-site parking spaces for operational ease.
- Convenient access to I-70 and I-75, providing excellent regional connectivity.
Executive Summary
This 3,230-square-foot commercial property offers a unique investment opportunity in Dayton, Ohio. Situated on 1.6 acres along Salem Avenue, the site provides excellent visibility and accessibility within a well-established corridor. The property is zoned NB (Neighborhood Business), allowing for a variety of retail or service-oriented uses.
The building includes one drive-in door and eight dedicated parking spaces, supporting both customer convenience and operational flexibility. An additional income stream is generated by an on-site billboard, producing approximately $2,000 annually. Built in 1968, the structure offers a solid foundation for redevelopment or adaptive reuse, appealing to investors seeking value-add potential.
Located near major transportation routes, including I-70 and I-75, the property benefits from strong regional connectivity. Its proximity to Dayton’s urban core and surrounding residential neighborhoods enhances customer reach and long-term growth prospects. This asset is well-positioned for owner-users or investors looking to capitalize on a versatile property with income-producing features.
The building includes one drive-in door and eight dedicated parking spaces, supporting both customer convenience and operational flexibility. An additional income stream is generated by an on-site billboard, producing approximately $2,000 annually. Built in 1968, the structure offers a solid foundation for redevelopment or adaptive reuse, appealing to investors seeking value-add potential.
Located near major transportation routes, including I-70 and I-75, the property benefits from strong regional connectivity. Its proximity to Dayton’s urban core and surrounding residential neighborhoods enhances customer reach and long-term growth prospects. This asset is well-positioned for owner-users or investors looking to capitalize on a versatile property with income-producing features.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,230 SF
Building Class
C
Year Built
1968
Price
$250,000
Price Per SF
$77.40
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.19 AC
Zoning
NB - Neighborhood Business
Parking
10 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
102’ on Salem Ave
Amenities
- Bus Line
Property Taxes
| Parcel Numbers | Improvements Assessment | $16,780 | |
| Land Assessment | $7,910 | Total Assessment | $24,690 |
Property Taxes
Parcel Numbers
Land Assessment
$7,910
Improvements Assessment
$16,780
Total Assessment
$24,690
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