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1824 Elm St 965 SF Office/Retail Condo Unit Offered at $259,000 in Cincinnati, OH 45202
INVESTMENT HIGHLIGHTS
- Long-term tenant in place with a 5-year lease, providing stable income
- High-visibility location steps from Findlay Market and near two streetcar stops
- Attractive, low-management option for 1031 exchange buyers
- Renovated commercial condo with modern systems and efficient layout
- Strong demand drivers including 1.4M annual visitors and an expanding residential base
PROPERTY FACTS
| Total Building Size | 4,392 SF | Typical Floor Size | 857 SF |
| Property Type | Multifamily (Condo) | Year Built | 1875 |
| Property Subtype | Apartment | Lot Size | 0.08 AC |
| Building Class | F | Opportunity Zone |
Yes
|
| Floors | 3 |
| Total Building Size | 4,392 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | F |
| Floors | 3 |
| Typical Floor Size | 857 SF |
| Year Built | 1875 |
| Lot Size | 0.08 AC |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Storage Space
- Basement
1 UNIT AVAILABLE
Unit 3
| Unit Size | 965 SF | Sale Type | Investment |
| Price | $259,000 | Cap Rate | 9.27% |
| Price Per SF | $268.39 | NOI | $24,009.30 |
| Condo Use | Office/Retail |
| Unit Size | 965 SF |
| Price | $259,000 |
| Price Per SF | $268.39 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 9.27% |
| NOI | $24,009.30 |
DESCRIPTION
INVESTMENT OPPORTUNITY AT FINDLAY MARKET
Just steps from Findlay Market, this renovated commercial condo offers a forward-thinking investment with immediate upside, anchored by an established tenant with a 5-year lease.
This thoughtfully designed and updated commercial space is a savvy long-term asset for an investor looking for a low-maintenance hold as a way to join the renaissance at Findlay Market.
The surrounding district attracts 1.4 million visitors each year with strong residential growth and hundreds of new apartments recently completed or underway.
This listing includes the first-floor commercial unit only.
SALE NOTES
This listing includes the first-floor commercial unit only.
If visiting the premises, please avoid discussing the sale with on-site staff so their workday is not disrupted. They are not involved in the transaction, and we want to be respectful of their time and customers.IF VISITING THE PREMISES PLEASE DO NOT DISCUSS PROPERTY SALE WITH STAFF.
This is the sale of the first floor commercial condo only. Residential condos above are not included.
1824 Elm St - Interior (3)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
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1824 Elm St
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