This Health Care Property is no longer advertised on LoopNet.com.

1578 Sherman Ave
Cincinnati, OH 45212
 Former Healthcare Facility · Health Care Property For Sale · 55 Beds

Nursing Homes Ohio Cincinnati 1578 Sherman Ave, Cincinnati, OH 45212

Investment Highlights

  • Two-story, 34,472-square-foot, 55-unit nursing facility across 2.18 acres with room for expansion in Cincinnati, Ohio.
  • Distinct, value-add opportunity to acquire a healthcare building that will be delivered vacant upon sale with possible FF&E incentives.
  • Ideally situated less than one mile from Kroger, four minutes from Xavier University, and about nine minutes from the University of Cincinnati.
  • Nestled in the affluent Norwood suburb, across from Avon Fields Golf Course, with easy access to Norwood Lateral Parkway and Ohio State Route 562.
  • Desirable demographics include over 300,000 residents within a five-mile radius, generating an average household income of more than $81,000.

Property Facts

Sale Condition Auction Sale No. Beds 55
Type of Ownership Fee Simple No. Stories 2
Property Type Health Care Year Built 1965
Property Subtype
Skilled Nursing Facility
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Center
 Tenancy Single
Building Class C Parking Ratio 0.87/1,000 SF
Lot Size 2.18 AC Parcel Number 651-0049-0003
Building Size 34,472 SF
Zoning R3
Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Health Care
Property Subtype
Skilled Nursing Facility
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Center
Building Class C
Lot Size 2.18 AC
Building Size 34,472 SF
No. Beds 55
No. Stories 2
Year Built 1965
Tenancy Single
Parking Ratio 0.87/1,000 SF
Zoning R3
Parcel Number 651-0049-0003
 

  • Listing ID: 26907852

  • Date on Market: 10/21/2022

  • Last Updated:

  • Address: 1578 Sherman Ave, Cincinnati, OH 45212

The Norwood Health Care Property at 1578 Sherman Ave, Cincinnati, OH 45212 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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