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U-Haul aims to buy downtown Dayton property

Published: Friday, November 10, 2017 @ 1:11 PM
By: Kaitlin Schroeder - Staff Writer

A downtown Dayton building will be likely be converted into self-storage by U-Haul, pending its sale.

U-Haul signs were placed on the building at 360 S. Main St. advertising storage spaces.

Self-storage is in high demand across the country and U-Haul has been converting vacant buildings across the country into storage, including in the Dayton area.

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Self-storage has proven a reliable way to turn a vacant property into a revenue earning business, though the industry is limited in its ability to bring back jobs that were once in these spaces.

The 83,000-square-foot property is near U.S. 35, adjacent to McDonald’s and across the street from Community Tissue Services.

The property is now owned by McDay Ltd., which has a Cincinnati address listed, and it is represented by Charlie Hewitt with Crest Commercial Realty.

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No further details were available. A spokeswoman with U-Haul said the sale is pending with an approximate closing date of Dec. 12.

In June 2016, U-Haul announced a new 138-unit self-storage center at 3936 Salem Ave in Harrison Twp. The year before that, it bought a Riverside building and to convert it to storage.

Also in 2015, U-Haul bought a Miamisburg shopping center and turned part of it into self-storage.

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It joins other storage projects in the area like The 804 Building developers adding urban indoor storage at the Monument Avenue building in downtown Dayton.

Trotwood also cut the ribbon in October on Storage of America, which opened in a former Target at 2800 Shiloh Springs Road.