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For Sale Mixed-Use Property 1500 Race St 4 Unit Apartment Building $1,050,000 ($262,500/Unit) Cincinnati, OH 45202



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. The property is anchored by a leased second-generation restaurant space on the first floor, providing immediate rent roll, while the upper-floor apartments are currently in shell condition, offering a new owner the opportunity to complete the residential buildout and capitalize on additional income potential. Positioned at the prominent corner of Race and W. 15th Streets, 1500 Race Street combines existing cash flow with a compelling value-add residential component in one of Cincinnati’s most active urban neighborhoods.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 081-0004-0015 | Improvements Assessment | $147,060 |
| Land Assessment | $59,448 | Total Assessment | $206,508 |
Property Taxes
Parcel Number
081-0004-0015
Land Assessment
$59,448
Improvements Assessment
$147,060
Total Assessment
$206,508
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Contact the Sale Advisor
For Sale Mixed-Use Property | 1500 Race St

