301 Central Ave

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301 Central Ave

carlisle, OH 45005
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

301 Central Avenue is situated in the heart of Carlisle, Ohio, positioned along the city’s primary east-west thoroughfare. The neighborhood is characterized by a mix of residential housing and local commercial services, reflecting a small-town suburban atmosphere. Nearby amenities include municipal offices, local parks, and essential service providers. The property benefits from direct frontage on Central Avenue, providing straightforward accessibility for local traffic. Regional transportation is supported by proximity to State Route 123 and State Route 25, which connect the area to the larger metropolitan markets of Dayton and Cincinnati. The property is suited for a variety of retail applications, including neighborhood convenience stores, professional service offices, or boutique specialty shops. The layout and central location support tenants that rely on consistent local visibility and frequent neighborhood interaction. Ideal tenant profiles include local entrepreneurs, service-oriented businesses, or satellite locations for established regional brands seeking to capture the Carlisle demographic. The site’s positioning within the community makes it functional for businesses that provide daily necessities or specialized services to the surrounding residential population.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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