Key Bank Tower to be auctioned off

Local News
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DAYTON, Ohio (WDTN) — A Dayton landmark is going on the auction block in November.

Real Estate Auctions LLC confirms the Key Bank Tower is one of three buildings going up for sale.

Other buildings to be auctioned include the Leigh Building nd the Grant-Deneau Tower.

The Key Bank Tower is located at 10 W. Second St. Real Estate Auctions LLC says the starting bid for the building will be $2.8 million.

It is a 27-story office-retail building. The Key Bank Tower is the second largest building in the city.

Key Bank is the anchor tenant of the building. Other tenants include the Downtown Dayton Partnership offices, the Krumholz law office and others. Real Estate Auctions LLC says the building is currently about 80 percent vacant.

The Leigh Building and garage, located at 100 W. Second St., will also go up for sale.It is an eight-story, mixed-use building. It features office, retail and parking, just a block away from Key Tower.

Both properties offer a total of 413,000 rentable square feet.

The online auction for both properties will run from November 13-15.

The 23-story Grant-Deneau Tower is located at 40 W. Fourth St. It carries an Historic Landmark designation.

Real Estate Auctions LLC says the building was appraised at $5 million in 2014.

The 222,164 square-foot building is vacant. A reserve bid is set for the building of $1.325 million, according to Real Estate Auctions LLC. 

The Grant-Deneau Tower will be auctioned off November 9th.

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