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Investment Highlights

  • Separate entry's for office and retail
  • Lots of natural light

Executive Summary

PROPERTY HIGHLIGHTS:
• In-place leased office provides immediate income
• Flexible layout with potential through future reconfiguration
(subject to approvals)
• Ideal for owner-users seeking to occupy while offsetting
ownership costs
• Strong value-add opportunity for investors via future
leasing
• Located in downtown Miamisburg’s DORA district
• 12 on-site parking spaces plus excellent on-street parking
POTENTIAL USE SCENARIOS (subject to approval): •Owner-user occupying primary space with supplemental
rental income
•Investor maintaining current lease while leasing remaining
space
•Future multi-tenant configuration through added access
points and build-out
•Office, service, boutique retail, or mixed-use commercial
WHY THIS WORKS FOR AN OWNER-USER:
•Ability to occupy immediately or over time
•In-place leased office helps offset ownership costs •Flexible configuration supports future growth or additional
tenants
Offered at $450,000

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,945 SF
Building Class
C
Year Built/Renovated
1900/2024
Price
$450,000
Price Per SF
$91.00
Cap Rate
13.90%
NOI
$62,560
Percent Leased
34%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.11 AC
Zoning
C - Zoned C- SMALL (UNDER 10,000 SF) DETACH RETAIL.
Parking
12 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
52’ on S 1st St

Amenities

  • 24 Hour Access
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • The Medicare Connection
  • Health Care and Social Assistance
  • 408 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
The Medicare Connection Health Care and Social Assistance 408 SF - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Basement
  • 1,271 SF
  • Office/Retail
  • -
  • 60 Days

Separate entry, one large space and 1 bathroom.

  • Main Fl
  • 1,623 SF
  • Office/Medical
  • -
  • Now

One large area that steps up half a floor to another sizable room. Features include: Built-in surround sound, fresh paint throughout, security cameras, galvanized panel accent wall, and one bathroom

  • 2nd Floor
  • 1,643 SF
  • Office/Medical
  • -
  • Now

Spacious office/retail space which includes a large, elevated storage area. Utility sink (or 2 washer hookups) and 2 dryer hookups available.

  • 2nd Floor
  • 408 SF
  • Office
  • -
  • 30 Days

Separate entry, one quaint waiting area, and 1 bathroom.

Space Size Space Use Position Available
Basement 1,271 SF Office/Retail - 60 Days
Main Fl 1,623 SF Office/Medical - Now
2nd Floor 1,643 SF Office/Medical - Now
2nd Floor 408 SF Office - 30 Days

Basement

Size
1,271 SF
Space Use
Office/Retail
Position
-
Available
60 Days

Main Fl

Size
1,623 SF
Space Use
Office/Medical
Position
-
Available
Now

2nd Floor

Size
1,643 SF
Space Use
Office/Medical
Position
-
Available
Now

2nd Floor

Size
408 SF
Space Use
Office
Position
-
Available
30 Days

Basement

Size 1,271 SF
Space Use Office/Retail
Position -
Available 60 Days

Separate entry, one large space and 1 bathroom.

Main Fl

Size 1,623 SF
Space Use Office/Medical
Position -
Available Now

One large area that steps up half a floor to another sizable room. Features include: Built-in surround sound, fresh paint throughout, security cameras, galvanized panel accent wall, and one bathroom

2nd Floor

Size 1,643 SF
Space Use Office/Medical
Position -
Available Now

Spacious office/retail space which includes a large, elevated storage area. Utility sink (or 2 washer hookups) and 2 dryer hookups available.

2nd Floor

Size 408 SF
Space Use Office
Position -
Available 30 Days

Separate entry, one quaint waiting area, and 1 bathroom.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
K46-00326-0074
Land Assessment
$4,340
Improvements Assessment
$25,770
Total Assessment
$30,110
  • Listing ID: 37592037

  • Date on Market: 9/8/2025

  • Last Updated:

  • Address: 46-50 S 1st St, Miamisburg, OH 45342

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