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1607 State Route 28
Loveland, OH 45140
A · Retail Property For Sale
Investment Highlights
- Includes a commercial building, detached garage, and rental house
- High-visibility corner location with convenient regional access
- Multiple structures provide potential for diverse income streams
- Ample parking is available in front of and behind the building
- Existing commercial configuration supports multiple business concepts
- Total asking price for the real estate and assets of the business is $675,000 ($605,000 for the real estate and $75,000 for FF&E)
Executive Summary
Unique investment and business opportunity on 1.73 acres in a highly visible, convenient location at the signalized intersection of State Route 28 and State Route 48, this versatile property offers multiple income and use possibilities. The commercial building is currently configured as a bar but could easily be adapted for a variety of business ventures. The property also includes a detached garage and a 3-bedroom rental house, providing additional value and potential revenue streams. Ample parking is available both in front of and behind the commercial building, making it well-suited for customer traffic and events. Excellent exposure, easy access, and endless possibilities make this a rare opportunity for investors, entrepreneurs, or owner-users. Total asking price for the real estate and assets of the business is $680,000 ($605,000 for the real estate and $75,000 for FF&E).
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Bar
Building Size
3,508 SF
Building Class
C
Year Built
1945
Price
$605,000
Price Per SF
$172.46
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.73 AC
Zoning
N/Av, Loveland
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 11-22-08A-028 | Improvements Assessment | $51,450 |
| Land Assessment | $27,370 | Total Assessment | $78,820 |
Property Taxes
Parcel Number
11-22-08A-028
Land Assessment
$27,370
Improvements Assessment
$51,450
Total Assessment
$78,820
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