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2612 Gilbert Ave 25,500 SF 25% Leased Flex Building Cincinnati, OH 45206 $2,649,900 ($103.92/SF) 1.81% Cap Rate
Investment Highlights
- Prime location within the vibrant Walnut Hills shopping district
- Large commercial building suited for diverse business operations
- Existing long-term occupants provide immediate income stability
- Over one acre of commercial land offering flexible site potential
- Strong neighborhood visibility with high activity and foot traffic
- Excellent opportunity for value-add or future redevelopment
Executive Summary
Rare opportunity to own this asset in the heart of Walnut Hills shopping district! 19,000sqft office/Warehouse space available for lease. While 7,500sqft is occupied by City Limits Laundromat on a fresh five year triple net lease at $4,002 per month.
Property Facts
| Price | $2,649,900 | Rentable Building Area | 25,500 SF |
| Price Per SF | $103.92 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1970 |
| Cap Rate | 1.81% | Parking Ratio | 0.84/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 10’ |
| Property Subtype | Light Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.40 AC | ||
| Zoning | CC-M | ||
| Price | $2,649,900 |
| Price Per SF | $103.92 |
| Sale Type | Investment |
| Cap Rate | 1.81% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 1.40 AC |
| Rentable Building Area | 25,500 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 0.84/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | CC-M |
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Great opportunity to lease 15,000sqft of office & warehouse space in the prime business district of Walnut Hills. Only a few minutes from downtown, shopping districts, hospitals, and all major highways. Required triple net lease at $12.00 per square foot. Comes with one loading dock in the rear, along with sixteen additional off street parking spaces.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 19,000 SF | Flex | - | Now |
1st Floor
| Size |
| 19,000 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 19,000 SF |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
Great opportunity to lease 15,000sqft of office & warehouse space in the prime business district of Walnut Hills. Only a few minutes from downtown, shopping districts, hospitals, and all major highways. Required triple net lease at $12.00 per square foot. Comes with one loading dock in the rear, along with sixteen additional off street parking spaces.
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $403,116 | |
| Land Assessment | $42,533 | Total Assessment | $445,649 |
Property Taxes
Parcel Numbers
Land Assessment
$42,533
Improvements Assessment
$403,116
Total Assessment
$445,649
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2612 Gilbert Ave
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