1131 Central Ave

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1131 Central Ave

Middletown, OH 45044
Asking Price
$1.30M
Asset Type
Office
Class
Class B

What's Special

1131 Central Avenue is situated in the historic urban core of Middletown, Ohio. The property occupies a prominent position within the downtown business district, characterized by a mix of government offices, local retail, and restored commercial structures. The location offers immediate walking access to municipal services, banking institutions, and local dining options. Transportation is facilitated by its proximity to State Route 122 and State Route 4, providing connectivity to the broader Cincinnati-Dayton metroplex. On-site and street parking serve the immediate vicinity. The property is suited for professional services, administrative offices, or non-profit organizations seeking a central hub. The layout typically accommodates a tenant profile including legal practices, accounting firms, or satellite corporate offices requiring proximity to local government centers. The central location and visibility along a primary downtown thoroughfare make it an appropriate site for businesses that prioritize local accessibility and a traditional office environment.

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

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