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511-517 Steele Ave 3,561 - 3,914 SF of Retail Space Available in Dayton, OH 45410
HIGHLIGHTS
- Can be single or multi-tenant
- Ideal for restaurant, cafe, coffee shop, salon, barber, medical clinic, dentist, accounting & tax returns, daycare, home health care,
- Kitchen area is in place
- West side of building was a former Head Start preschool
- health club or gym, community center, after school program, boutique, any retail, any consumer or business service office.
- Classrooms with children’s restrooms and sinks in the classrooms
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,561-3,914 SF | Negotiable | $13.95 CAD/SF/YR $1.16 CAD/SF/MO $54,608 CAD/YR $4,551 CAD/MO | Modified Gross |
1st Floor
Available leasable space ranging from 3,561 SF to 8,292 SF +/-. This building offers flexibility, featuring two kitchen areas, three bathrooms (one handicap accessible), and four juvenile bathrooms. The layout includes a mix of large and small offices, ample storage closets, and versatile open areas, perfect for customization to suit your business needs. The west side of the building previously housed a Head Start preschool, underscoring its suitability for community-focused or educational ventures. Whether you're seeking a single-tenant flagship location or a multi-tenant setup, this property is adaptable to a variety of uses, including a restaurant, café, coffee shop, salon, barber shop, medical clinic, dental office, accounting or tax preparation firm, daycare, home health care facility, health club or gym, community center, after-school program, boutique, or any retail, consumer, or business service office.
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,914 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 3,561 SF | Gross Leasable Area | 3,914 SF |
| Property Type | Retail | Year Built | 1990 |
| Total Space Available | 3,914 SF |
| Min. Divisible | 3,561 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,914 SF |
| Year Built | 1990 |
ABOUT THE PROPERTY
For Sale or Lease: Versatile 8,900 SF Commercial Building – Lease Option 3,561 SF Discover the potential of this expansive 8,900 SF +/- commercial property, now available for sale or lease, with leasable sof 3,561 SF +/-. This well-appointed building offers incredible flexibility, featuring two kitchens, three bathrooms (one handicap accessible), and four juvenile bathrooms. The layout includes a mix of large and small offices, ample storage closets, and versatile open areas, perfect for customization to suit your business needs. The west side of the building previously housed a Head Start preschool, underscoring its suitability for community-focused or educational ventures. Whether you're seeking a single-tenant flagship location or a multi-tenant setup, this property is adaptable to a variety of uses, including a restaurant, café, coffee shop, salon, barber shop, medical clinic, dental office, accounting or tax preparation firm, daycare, home health care facility, health club or gym, community center, after-school program, boutique, or any retail, consumer, or business service office. Situated in a vibrant neighborhood, this property benefits from a lively community atmosphere with increasing foot traffic and a diverse mix of local businesses. With convenient access to major roads and public transit, this location offers excellent visibility and accessibility for your business. Additionally, Xenia Avenue, located in the Twin Towers neighborhood of Dayton, Ohio, has become a focal point for revitalization efforts aimed at fostering economic growth and strengthening community ties. This corridor, stretching from Keowee Street to Hulbert Street, is undergoing a transformation driven by a combination of grassroots initiatives, nonprofit organizations, and strategic partnerships with local and regional entities. Whether you’re looking to purchase or lease, this flexible commercial space is ready to bring your vision to life!
- 24 Hour Access
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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511-517 Steele Ave
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