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

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.

Description:

For more information visit:
https://rimarketplace.com/auction/3468/retail/middletown/oh?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november4_2026&utm_content=retail_3468

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.

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.


Bidding Opens
Nov 03 1:00 AM
Bidding Closes
Nov 05 1:00 AM

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