340 Central Ave

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340 Central Ave

Carlisle, OH 45005
Asking Price
$1.20M
Asset Type
Retail
Class
Class B

What's Special

340 Central Ave is situated in the heart of Carlisle, Ohio, a residential community within the Dayton metropolitan area. The property is positioned along a primary local thoroughfare, providing direct connectivity to State Route 123 and nearby Franklin. The immediate neighborhood is characterized by a mix of single-family residences, local government offices, and small-scale commercial establishments. Residents have access to community parks and local schools within a one-mile radius, and the site benefits from proximity to the Interstate 75 corridor, located approximately five miles to the east. The property is suited for retail operators seeking a presence in a stable, community-oriented market. Ideal use cases include neighborhood service providers, convenience retail, or specialty boutiques that cater to the daily needs of local residents. The location is well-positioned for tenants such as professional service firms, small-scale grocers, or food and beverage outlets. Given the surrounding residential density, the site typically attracts tenants focused on local consumer bases and those requiring high visibility along Carlisle’s main transit artery.

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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