Primely Located Mixed-Use Asset | Dayton CBD
42,835 SF | 6% Leased | Retail Building | Online Auction Sale | Dayton, OH 45402
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Retail
- Square Feet
- 42,835 SF
Listing Contacts
Gueorgui Chikov
Verified Profile
Michael Bergman
Verified Profile
Scott Kaster
Verified Profile
Molly Patten
Verified Profile
- Property Info
Property Overview
Located at the intersection of Second and Ludlow Streets, in the heart of Downtown Dayton, stands a multi-use building totaling 203,021 square feet located at 100 W 2nd Street. The highly visible, nine-story property features 42,835 square feet of excellent office and retail use on the first and second floors. A sought-after 160,186-square-foot attached parking deck boasts ample on-site parking situated on the remaining seven stories fit for 277 vehicles. Built in 1977, the Leigh Building features numerous entrances prime for divisibility to accommodate multiple tenants. An owner can acquire this asset and add tremendous value through lease-ups as the Dayton CBD office submarket has seen an impressive 14.5% increase in the past three years, higher than the Dayton overall market average of 13.5%.
100 W 2nd Street is strategically situated adjacent to Dayton City Hall, the United States Post Office, CVS, and the renowned Benjamin & Marian Schuster Performing Arts Center. The property is exceptionally positioned in the center of all the sought-after city amenities. Within a brief 1-mile radius of the building boasts a plethora of demand drivers, including the Dayton Convention Center, The Dayton Art Institute, America’s Packard Museum, and the Day Air Ballpark home to the Dayton Dragons, a locally popular Minor League Baseball team. The property is surrounded by a highly skilled workforce as it is located 2 miles from The University of Dayton.
The Leigh Building benefits from its consistently growing community, with about 220,000 residents living within a 5-mile radius of the property. This population brings in a considerable $57,381 average household income and spends well over $2.1 billion in the community annually.
100 W 2nd Street has exceptional accessibility as it is 2 miles from the Interstate 75 and US Route 35 interchange and less than 8 miles from Interstate 70. It provides seamless connectivity to the Dayton International Airport and both major cities, Cincinnati and Columbus. Discover the Leigh Building’s remarkable potential as it is centrally established in the flourishing Central Business District of Dayton, Ohio.
The first floor of the former bank space currently houses an art installation that was curated by the late Property Manager. It will convey with the property.
Property tours will be held on 9/11 & 9/18 by appointment only. Please contact the broker to schedule.
100 W 2nd Street is strategically situated adjacent to Dayton City Hall, the United States Post Office, CVS, and the renowned Benjamin & Marian Schuster Performing Arts Center. The property is exceptionally positioned in the center of all the sought-after city amenities. Within a brief 1-mile radius of the building boasts a plethora of demand drivers, including the Dayton Convention Center, The Dayton Art Institute, America’s Packard Museum, and the Day Air Ballpark home to the Dayton Dragons, a locally popular Minor League Baseball team. The property is surrounded by a highly skilled workforce as it is located 2 miles from The University of Dayton.
The Leigh Building benefits from its consistently growing community, with about 220,000 residents living within a 5-mile radius of the property. This population brings in a considerable $57,381 average household income and spends well over $2.1 billion in the community annually.
100 W 2nd Street has exceptional accessibility as it is 2 miles from the Interstate 75 and US Route 35 interchange and less than 8 miles from Interstate 70. It provides seamless connectivity to the Dayton International Airport and both major cities, Cincinnati and Columbus. Discover the Leigh Building’s remarkable potential as it is centrally established in the flourishing Central Business District of Dayton, Ohio.
The first floor of the former bank space currently houses an art installation that was curated by the late Property Manager. It will convey with the property.
Property tours will be held on 9/11 & 9/18 by appointment only. Please contact the broker to schedule.
Property Details
- Class
- B
- Year Built
- 1977
- Stories
- 9
- Property Subtype
- Storefront Retail/Office, Bank, Storefront
- Lot Size (sq. ft)
- 19,602 SF
Highlights
- Prominently visible nine-story, mixed-use building with a 160,186-SF attached parking garage situated at a signalized corner lot in Downtown Dayton.
- Beneficially established adjacent to Dayton City Hall, USPS, CVS, and the popular Benjamin & Marian Schuster Performing Arts Center.
- Dynamic investment perfect for an investor seeking to add value through lease-ups as the property boasts ideal divisibility and multiple entry points.
- Dayton CBD office submarket has seen a notable 14.5% increase in the past three years, higher than the Dayton overall market average.
- Conveniently located with extreme accessibility as it is 2 miles from the I-75 and US 35 highway interchange and less than 8 miles from I-70.
- Favorably located 12.5 miles from the Dayton International Airport and about a one-hour commute to nearby major cities Columbus and Cincinnati.
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