For Auction

U.S. Hotel | UC-C Zoned, Tax Credit Potential

34 South Main Street,
Middletown, OH 45044
Represented by
Marcus & Millichap

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Multifamily, Hospitality
Additional Types
High Street Retail
Retail Subtype
1831
Year Built
3
Floor Count
0.24 Acres
Land Area
29,492 SF
Property Size
29,492 SF
Property Size

Investment Highlights

29,492 SF Downtown Main Street Landmark
Three-story former U.S. Hotel on 0.24 acres with Main Street frontage in downtown Middletown.
Flexible UC-C Zoning & Multiple Exits
Permits hotel, office, retail, multifamily, mixed-use, and live-work uses for multiple exits.
81,831 Residents Within Five Miles
The 5-mile trade area holds 33,799 households, 62,112 daytime population, and $68,676 median income.
A Head Start on Redevelopment
Architectural concepts, historic records, photos, video and pre-development files are available.
Potential Historic Preservation Tax Credits
Contributing status in a National Register Historic District may support preservation tax credits.
Courtyard Expands Redevelopment Options
The courtyard expands the property with potential for outdoor dining, events and amenities.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 34 S Main St, Middletown, OH 45044 is the former U.S. Hotel, a three-story, 29,492 SF historic building on a 0.24-acre fee simple parcel in the heart of downtown Middletown. Originally constructed in 1831 as a coffee house and residence and converted to the U.S. Hotel in 1845, the property is a contributing structure within a National Register Historic District and was most recently operated as a mixed-use building with street-level retail and residential on the upper floors. The investment thesis centers on adaptive reuse: UC-C (Urban Center Core) zoning permits hotel, office, retail, multifamily residential, mixed-use, and live-work concepts, giving a buyer flexibility to restore, reposition, or redevelop the building around the strongest exit. Contributing-structure status creates potential eligibility for historic preservation tax credits. The Main Street location places the asset within Middletown's urban core, with regional access via I-75 and Dayton International Airport, and a 5-mile trade area of 81,831 residents and 33,799 households.

Due Diligence

Location

The former U.S. Hotel fronts Main Street at 34 S Main St in downtown Middletown, Ohio, midway between the Dayton and Cincinnati metros. Nearby demand drivers include Duke Energy Ohio, the city's largest employer at 4,807 workers, Miami University Middletown, Hook Field Municipal Airport, and I-75. The 5-mile radius holds 81,831 residents and 62,112 daytime population.

81,831
Population within 5 miles
62,112
Daytime population within 5 miles
4,807
Duke Energy Ohio employees, top employer

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $20,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Thomas Seaman
Auctioneer
License: 2007000016

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

Auction Opens In
38d 17h 49m 18s
$1
Starting Bid
Register To Bid
Bidding Opens
Bidding Closes

Investment Sales Brokers

Kevin Laureno
Marcus & Millichap
OH License: SAL.2023003007
Alexandre Duong
Marcus & Millichap
OH License: SAL.2012000783
Michael Glass
Marcus & Millichap
OH License: BRK.2007005898

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.