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5915 Colerain- Large Neighborhood Retail Center

5915 Colerain Ave, Cincinnati, OH 45239

$1,950,000

37,700 SF | Retail

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Retail Property For Sale

Price:
$1,950,000
Gross Leasable Area:
37,700 SF
Price/SF:
$51.72
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Additional Sub-types:
Strip Center
Property Use Type:
Investment
Cap Rate:
11%
Tenancy:
Multiple
Year Built:
1959
Lot Size:
4 AC
Listing ID
17882725
Last Updated
30 days ago

Find Out More...

Highlights

  • " Fully leased, but new owner has option to remove current tenants
  • " Newly Remodeled (2012) with new HVAC and Electrical
  • " Approx. 310 Feet of frontage along Colerain Avenue
  • " Three operational loading docks
  • " Endcap includes three drivethrough spaces

Description

Excellent investment opportunity along Colerain Avenue! Property is like new since recently remodeled and located along one of Cincinnati' s main Westside thoroughfares. Property was formerly a grocery store and therefore has plenty of storage, large open areas, warehouse space, upstairs offices and parking. Property also has excellent visibility and is located near many retail stores.

Large Neighborhood Retail Strip Center in Cincinnati (Groesbeck).

Financial Summary

  • Actual
  • $214,500

Map of 5915 Colerain Ave, Cincinnati, OH 45239 (Hamilton County)

Research for 5915 Colerain Ave, Cincinnati, OH 45239 (Hamilton County)

  • Demographics – Population, income & other demographics near 5915 Colerain Ave
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

Presented by Berkshire Hathaway HomeServices Professional Realty - David Mussari
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David's Other Listings (View All)

212-214 East 8th Street

Asking Price Index Trends for Cincinnati, OH Retail For Sale

  Oct 14 vs. 3 mo.
prior
Y-O-Y
-
State
$77-0.6%+0.1%
-
Metro
$91-4.6%-5.2%
-
County
$87-6.4%-10.8%
-
City
$96-4.6%-4.5%

View Cincinnati Market Trends for other property types for sale or lease. Learn more about the chart info.

5915 Colerain- Large Neighborhood Retail Center
  • Retail
  • $1,950,000
  • 37,700 SF