Lofts so cool they named the street Ice Avenue
Hidden behind other buildings, this building was destined for a date with the wrecking ball when we identified it as a potential upscale living opportunity in Downtown Dayton. Driven by the success and quick sell out of the Lofts on St. Clair, Rain & Associates acquired this 30K sq ft property in 2000. Building it out into 17 market rate loft condos, the “Ice Avenue Lofts.” We also managed to engineer in a basement with 17 highly desirable parking spaces.
Completed for $2.5M, with the most expensive unit selling for just north of $200K, much smaller units now easily fetch $300K 20 years later.