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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.

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

Property Taxes

Parcel Numbers
Multiple
  • H33302201-0058
  • H33302201-0059
Land Assessment
$7,910
Improvements Assessment
$16,780
Total Assessment
$24,690
  • Listing ID: 36724657

  • Date on Market: 7/14/2025

  • Last Updated:

  • Address: 4023 Salem Ave, Dayton, OH 45416

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