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1150 Harrison Ave
Harrison, OH 45030
Harrison Plaza - Harrison, OH · Retail Property For Sale
Investment Highlights
- Strong upside through lease-up and owner-user potential, allowing an investor to increase NOI by filling vacancy or an owner-user to occupy space.
- The property benefits from a diverse tenant mix with several long-term occupants, demonstrating location stability and consistent tenant demand.
- Strategically positioned just 2 minutes from Cincinnati West Airport in a well-established retail corridor with strong accessibility.
- Current tenants are on month-to-month leases, creating immediate flexibility for re-tenanting, rent increases, or repositioning the asset.
- Located along Harrison Avenue with approximately 23,145 VPD, the center benefits from strong frontage and visibility, with Harrison Premier Fitness.
- Supported by an average household income of $101,059 within a 3-mile radius, providing strong consumer spending power and long-term tenant demand.
Executive Summary
We are pleased to exclusively offer for sale Harrison Plaza, a 20,900 SF multi-tenant retail center located at 1150 Harrison Avenue in Harrison, OH. This offering presents a compelling value-add and owner-user opportunity, with strong upside through lease-up of vacant space and the ability for an owner-user to occupy a portion of the property while benefiting from existing in-place income, making it an attractive investment.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,900 SF
Building Class
C
Year Built
1975
Price
$1,200,000
Price Per SF
$57.42
Cap Rate
2.77%
NOI
$33,220
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
1.43 AC
Zoning
B4, Harrison - Designed to support a mix of commercial, office, residential, and cultural uses, promoting a vibrant and dynamic urban core.
Parking
40 Spaces (1.91 Spaces per 1,000 SF Leased)
Frontage
161’ on Harrison Ave
Property Taxes
| Parcel Number | 561-0005-0115 | Improvements Assessment | $225,407 |
| Land Assessment | $49,998 | Total Assessment | $275,405 |
Property Taxes
Parcel Number
561-0005-0115
Land Assessment
$49,998
Improvements Assessment
$225,407
Total Assessment
$275,405
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