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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.

Data Room Click Here to Access

Property Facts

Price $1,050,000
Price Per Unit $262,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 7,529 SF
No. Stories 4
Year Built 1895
Opportunity Zone Yes
Zoning CC-P
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
081-0004-0015
Land Assessment
$59,448
Improvements Assessment
$147,060
Total Assessment
$206,508
  • Listing ID: 41140994

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 1500 Race St, Cincinnati, OH 45202

Contact the Sale Advisor

For Sale Mixed-Use Property | 1500 Race St

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