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46-50 S 1st St 4,945 SF 34% Leased Retail Building Miamisburg, OH 45342 $611,550 CAD ($123.67 CAD/SF) 13.90% Cap Rate
Investment Highlights
- Separate entry's for office and retail
- Lots of natural light
Executive Summary
• 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
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
Separate entry, one large space and 1 bathroom.
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
Spacious office/retail space which includes a large, elevated storage area. Utility sink (or 2 washer hookups) and 2 dryer hookups available.
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.
Property Taxes
| Parcel Number | K46-00326-0074 | Improvements Assessment | $35,077 CAD |
| Land Assessment | $5,907 CAD | Total Assessment | $40,985 CAD |
Property Taxes
Presented by
46-50 S 1st St
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