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2nd Gen Restaurant/Bar - Columbia Tusculum 3538 Columbia Pky 3,049 SF Retail Building Cincinnati, OH 45226 $825,000 ($270.58/SF) 12.12% Cap Rate
INVESTMENT HIGHLIGHTS
- Iconic Cincinnati Establishment
- High Traffic Count
- High Visibility Intersection
EXECUTIVE SUMMARY
This 3,300 SF restaurant/bar seats 108 year-round, and a 1,700SF outdoor patio adds an additional 48 seats. Prime Columbia Tusculum redevelopment site at corner of Columbia Parkway & Hoge, with 30,000 vehicles per day putting eyes on it. Past home of Allyn’s Cafe - with neighboring business mix from well-known food/drink establishments to dispensaries to office to physical fitness. Located in Community Entertainment District, Liquor License available and FF&E can stay intact, if needed.
Flexible owners open to creative options to repurpose this high-vis corner. Seller open to lease, lease purchase, or sale - depending on needs.
Flexible owners open to creative options to repurpose this high-vis corner. Seller open to lease, lease purchase, or sale - depending on needs.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,049 SF
Building Class
C
Year Built/Renovated
1928/2025
Price
$825,000
Price Per SF
$270.58
Cap Rate
12.12%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.16 AC
Zoning
CC-M - City of Cincinnati Commercial Community- Mixed
Parking
7 Spaces (2.3 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Signalized Intersection
- Monument Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Allyn's Cafe
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Allyn's Cafe | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 028-0005-0058 | Improvements Assessment | $60,690 |
| Land Assessment | $8,859 | Total Assessment | $69,549 |
PROPERTY TAXES
Parcel Number
028-0005-0058
Land Assessment
$8,859
Improvements Assessment
$60,690
Total Assessment
$69,549
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2nd Gen Restaurant/Bar - Columbia Tusculum | 3538 Columbia Pky
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