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Auction: Iconic Downtown Dayton Building Awaits Transformation! 18 W. First St, Dayton, OH 45402. Online bidding starts at $273,000. The BUY IT NOW price is $400,000. This impressive 9,060 sq ft building, formerly the prestigious Myers & Frayne Co. LPA law office, is now available for Auction. Located in the heart of Dayton's central business district, just steps from the Victoria Theatre, Schuster Center, Courthouse, and countless dining and entertainment options, this 1922 property offers unparalleled potential. The building features a grand entryway, stunning stained-glass windows, original heavy wood doors, and unique architectural details throughout. The first floor (4,100 sq ft) and second floor (4,740 sq ft + 220 common area) each contain 12 rooms, with a loft on the second floor. Imagine the possibilities for a high-end residential conversion, maintaining the existing condo association structure, or a variety of other permitted commercial uses. Recent roof replacement by Cotterman & Company. Partial basement with file room and mechanicals. The Sprinkler system is currently drained, multiple HVAC zones, and a large kitchen/break room. No on-site parking, but a large parking garage is directly across the street. Land area: .1955 acres. Online auction: Bidding ends on Thurs. March 20 at Noon. The property is vacant. Text the Auctioneer for an easy showing: 937-581-3037
Annual Taxes: $ 7,941
Property Map
Basic Terms:
Real Estate sells with an opening bid of $273,000. The BUY IT NOW price is $400,000 plus BP. A 10% Non-Refundable deposit will be collected from the winning bidder the day of Auction no later than 5pm. Deposit instructions will be given to the winning bidder. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. The Buyer pays all closing costs. A marketable, insurable deed will be given at closing with no liens or back taxes.
Deposit and Closing:
Closing will be with Chicago Title.
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please text the Auctioneer to schedule all showings. 937-581-3037