Property Features

  • Freestanding
  • Medical
  • Office
  • Retail
  • Signalized Intersection

Retail, Medical, Creative Loft, Restaurant, or Flagship Office Space Available Immediately

 

1150 Central Ave is a landmark commercial hub offering up to 30,240 square feet of prime, adaptable space in the absolute center of Middletown’s downtown renaissance. Built during the late-1920s economic boom, this high-density freestanding asset combines historic character with modern, flexible leasing options backed by a highly capitalized, growth-minded landlord.

 

  • 30,240 SF spanning three stories – 20,000 SF on the 1st and 2nd floors and 10,000 SF full basement
  • Landmark freestanding building with walk-in retail on the first floor
  • Ample adjoining public and on-street parking
  • Outstanding redevelopment opportunity, development incentives available
  • High visibility in the heart of Middletown downtown redevelopment area at the hard corner of a signalized intersection with 36 ft of high-visibility direct frontage on Central Ave
  • Located near Cincinnati State Middletown campus and just south of the Middletown Regional Airport
  • Built in 1927–1928 (architecturally rich, high-density commercial retail structure)

The Location & Market Opportunity
Middletown is an innovative, entrepreneurial center 30-minutes from Dayton and Cincinnati. The property is positioned at the epicenter of Middletown’s commercial core and is perfectly primed to capture massive regional growth:

  • 2026 Arena Catalyst: Steps away from the multimillion-dollar Renaissance Arena Project, bringing consistent, high-volume crowds downtown.
  • High Foot Traffic: Positioned directly along primary municipal transit routes, ensuring an active day-and-night consumer base.
  • Economic Momentum: Strategically integrated into the city’s aggressive downtown revitalization push.

Flexible Partnership & Leasing Options
The newly capitalized ownership group is deeply committed to the long-term success of the Middletown Redevelopment project. They are ready to fund substantial tenant improvements (TI) and co-design a custom space for the right operator.

  • Option A: Immediately Available First Floor – Secure 10,000 +/- SF of highly adaptable retail or restaurant space featuring an open layout.
  • Option B: Flagship Multi-Story Concept – Partner directly with the owner to build out 2 to 3 full stories for a flagship brand, major restaurant concept, or corporate office hub.
  • Terms
    • Starting Rent: $10.00 / SF + NNN (delivered in “As-Is” condition).
    • Custom Build-Outs: Ownership is wide open to creative build-out solutions and tenant improvement allowances. Final lease rates will adjust dynamically based on the landlord’s capital contribution and will be fully locked in before lease execution.

Ideal Tenant Profile
Ownership is actively seeking operators who bring a bold vision to downtown Middletown. Prospective tenants must provide:

  • A well-defined, innovative Business Plan.
  • Strong, verifiable Corporate Credit.
  • A clear strategy to act as a Flagship Destination within the community.

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