This is your opportunity to be part of Dayton's amazing revitalization! This multi-unit building offers over 7,000 square feet of space, featuring a commercial area perfect for a bar or restaurant on the first floor (previously Tony's Ole Saloon) and four occupied apartments on the second floor. The commercial space includes a large historic bar, party rooms for events and entertainment, restrooms, a walk-in cooler, and an outdoor patio area. This anchor property is located within Dayton's 'Ropewalk' Entertainment District and promises significant potential for growth and development. The four apartments consist of one one-bedroom unit and three studio units, all occupied on a month-to-month basis, ensuring immediate rental income. An active liquor license is transferred with the sale. The City of Dayton has many economic development tools and grants available for qualifying businesses looking to renovate!
Dayton is located in Kentucky. Dayton, Kentucky has a population of 5,378. Dayton is less family-centric than the surrounding county with 27.51% of the households containing married families with children. The county average for households married with children is 29.2%.
The median household income in Dayton, Kentucky is $42,436. The median household income for the surrounding county is $57,208 compared to the national median of $57,652. The median age of people living in Dayton is 35.5 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 43.7 inches per year, with 11.2 inches of snow per year.