1001 W State St

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1001 W State St

Trenton, OH 45067
Asking Price
$3.87M
Asset Type
Retail
Class
Class B

What's Special

1001 W State St is situated in a central corridor of Trenton, Ohio, characterized by a mix of residential neighborhoods and established local businesses. The property benefits from its position along a primary east-west thoroughfare, providing direct access to regional routes such as State Route 73 and proximity to the nearby industrial parks. Essential amenities within a five-minute drive include national grocery chains, municipal offices, and local parks. This location serves as a transit point for commuters traveling between Middletown and the greater Hamilton area. The property is well-suited for neighborhood-scale service providers or convenience-oriented retail. Potential tenant profiles include dry cleaners, boutique fitness studios, or professional services such as insurance agencies and medical offices. The surrounding demographic supports businesses that cater to the daily needs of local residents. Dual access points and frontage on State Street make the site an appropriate choice for a variety of general commercial uses requiring consistent visibility and ease of access for local traffic.

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NOI
$80,000
Cap Rate
2.07%
DSCR
0.35
Underwater
Cash-on-Cash
-12.89%
Monthly Payment
$19,130.159
Annual Cash Flow
$-149,561.903

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