{"id":1004114167,"date":"2015-02-24T12:37:57","date_gmt":"2015-02-24T20:37:57","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=327344"},"modified":"2020-04-28T03:44:03","modified_gmt":"2020-04-28T11:44:03","slug":"downtown-dayton-duo-heads-to-auction","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/downtown-dayton-duo-heads-to-auction\/","title":{"rendered":"Downtown Dayton Duo Heads to Auction"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/02\/Dayton-333-W.-1st-St..jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-327347\" title=\"Dayton 333 W. 1st St.\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/02\/Dayton-333-W.-1st-St..jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a>Two downtown Dayton office buildings will hit the auction block next month. CBRE Auction Services is selling the mid-rise, Class C buildings at 333 W. 1st St. and 349 W. 1st St., together with a 340-space attached parking garage. The minimum bid for the online auction is $350,000.<\/p>\n<p>The larger of the buildings, 333 W. 1st St., rises seven stories and offers about 210,000 square feet of space. Its 24,600-square-foot neighbor at 349 W. 1st St. is three stories tall. Both buildings were completed in 1956.<\/p>\n<p style=\"text-align: justify;\">According to real estate website <a href=\"https:\/\/www.propertyshark.com\" target=\"_blank\" rel=\"nofollow\"><em>PropertyShark<\/em><\/a>,Titan Loan Investment Fund L.P. paid $4 million for the buildings in November 2007. PropertyShark also reported that the current market value of 333 W. 1st St. is $1.6 million, and 349 W. 1st St. is valued at $275,000.<\/p>\n<p style=\"text-align: justify;\">The auction is scheduled for 1 p.m. to 3 p.m. on Wednesday, March 25.The opening bid is set at $100,000.<\/p>\n<p style=\"text-align: justify;\"><em>Photo credit: <\/em><a href=\"https:\/\/www.cbre.us\" target=\"_blank\" rel=\"nofollow\"><em>CBRE<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two office properties in Downtown Dayton will hit the auction block next month. CBRE Auction Services is selling the mid-rise class C office towers  at 333 W. 1st St. and 349 W. 1st St., at an online auction, together with a 340-space attached parking garage. The minimum bid is $350,000.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,21742],"tags":[],"class_list":["post-1004114167","post","type-post","status-publish","format-standard","hentry","category-cincinnati","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Downtown Dayton Duo Heads to Auction - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/downtown-dayton-duo-heads-to-auction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Downtown Dayton Duo Heads to Auction\" \/>\n<meta property=\"og:description\" content=\"Two office properties in Downtown Dayton will hit the auction block next month. CBRE Auction Services is selling the mid-rise class C office towers at 333 W. 1st St. and 349 W. 1st St., at an online auction, together with a 340-space attached parking garage. 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