138 E 3rd Street, Dayton, OH 45402
138 E 3rd Street, Dayton, OH 45402
138 E 3rd Street, Dayton, OH 45402
138 E 3rd Street, Dayton, OH 45402
138 E 3rd Street, Dayton, OH 45402
138 E 3rd Street, Dayton, OH 45402
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$ 275,000
Est. payment | /mo

4 Beds

4 Baths

7,144 SqFt


Save
$ 275,000
Est. payment | /mo
Save

4 Beds

4 Baths

7,144 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,144 sqft

Price per Sqft $38

MLS Listing ID 944969

Bedrooms 4

Full Baths 4

Year Built 1865

Annual Tax Amount $1,176

Lot Size 1,873 Sqft

Lot Dimensions 20x100

Property Sub-Type 5+ Units

Property Description

Rare opportunity to acquire a historic mixed-use redevelopment property in one of Downtown Dayton's fastest-growing districts. Built circa 1865, this property is one of the few buildings to survive both the Great Dayton Flood and the East Third Street fire of 1913, offering authentic historic character that cannot be replicated.
Located in the emerging Fire Blocks District, this property is surrounded by new restaurants, renovated residential buildings, and continued private investment, positioning it for strong long-term appreciation and redevelopment potential.
Approximately 6,000 square feet total (about 2,000 sq ft per level) plus a full basement. Open layouts on all floors allow multiple redevelopment strategies including:
• Mixed-use retail + residential conversion
• 4–6 apartment unit potential (buyer to verify)
• Luxury loft redevelopment
• Creative office or live/work spaces
• Boutique commercial redevelopment
• Long-term hold investment
Concept plans available showing potential mixed-use configuration.
Upper floors feature exposed brick, tall ceilings, industrial architectural details, and original structural character ideal for adaptive reuse. Property has been cleared out with partial demolition completed, reducing early redevelopment costs.
This is a true blank slate redevelopment opportunity for experienced investors or developers looking to add value through renovation and repositioning.
Building will require full mechanical updates. Utilities have been inactive for several years. Sold as-is. Buyer responsible for all inspections, zoning verification, tax abatements, and redevelopment approvals.
Must close with M&M Title Agency (details available from listing agent).
Opportunities like this rarely come available in Downtown Dayton's redevelopment corridor. Ideal for investors seeking a historic repositioning project with strong upside potential.

Location

State OH

County Montgomery

Zoning Commercial,Multiple

Rooms

Basement Full, Unfinished

Interior

Heating Other

Cooling None

Exterior

Parking Features None

Utilities Available City Water, Natural Gas

Building

Structure Type Brick

Schools

School District Dayton

Others

Ownership Agent Owned

Dayton MLS (DTON)
Listed by Unity Real Estate

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Benjamin Wourms

Ben Wourms - Glasshouse Realty Group

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138 E 3rd Street