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1500 Race St 4 Unit Apartment Building $1,050,000 ($262,500/Unit) Cincinnati, OH 45202

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Investment Highlights

Rare Mixed-Use Value-Add Opportunity in O.T.R.
Potential Tax Credit Opportunities

2nd Generation Restaurant

Executive Summary

Pesola Advisors Group is pleased to present a rare opportunity to acquire an income-producing mixed-use asset in the heart of Over-the-Rhine. Anchored by a 2nd generation restaurant space on the first floor — currently leasing at $5,000/month — 1500 Race Street offers cash flow paired with significant upside potential for the entrepreneur-minded investor. Positioned on the prominent corner of Race and W 15th, the property provides a stable income foundation within a neighborhood defined by strong residential demand, hospitality growth, and continued private investment.

1500 Race Street For Sale Offer Memorandum

Offering Memorandum

Property Facts

Price	$1,050,000	Building Class	C
Price Per Unit	$262,500	Lot Size	0.04 AC
Sale Type	Investment	Building Size	7,529 SF
No. Units	4	No. Stories	4
Property Type	Multifamily	Year Built	1895
Property Subtype	Apartment	Corridor	Interior
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CC-P

Price	$1,050,000
Price Per Unit	$262,500
Sale Type	Investment
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.04 AC
Building Size	7,529 SF
No. Stories	4
Year Built	1895
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CC-P