5209 Glenway Ave 3,999 SF 100% Leased Retail Building Cincinnati, OH 45238 $677,000 ($169.29/SF) 8% Cap Rate

Discover a rare opportunity to acquire a well-located four-tenant retail building on the bustling west side of Cincinnati, at 5209 Glenway Ave. Situated on the primary Glenway Avenue corridor, this asset boasts strong visibility, excellent frontage, and an established tenant base. Ideal for investors seeking stable cash flow in a value-add retail asset with long-term upside.
Key Highlights:
Prime retail frontage on Glenway Avenue – one of Cincinnati’s major west-side thoroughfares.
Four distinct tenant spaces, diversifying risk and providing superb tenant mix potential.
Established neighborhood shopping corridor with deep local roots and loyal consumer base.
Excellent visibility and access: high daily traffic counts, strong drive-by exposure and commuter flow.
Located in a dense residential catchment area – with strong daytime and evening population in West Price Hill and surrounding markets.
Flexible retail zoning—ideal for food & beverage, service clients, specialty retail, wellness, or neighborhood-serving uses.
Location / Demographics:
West Price Hill and the Glenway Avenue zone represent one of Cincinnati’s most active older retail corridors—anchored by longtime small-business uses and supported by stable household incomes. The 5209 Glenway address places the asset right in the heart of that trade area. The tenant at 5209 (one of the spaces) has longstanding recognition in the community, underscoring the vitality of the location.
Investment Rationale:
With multiple tenants in place, this four-tenant building offers immediate income with potential upside through lease re-negotiations, rental repositioning, or tenant mix optimization. For an investor willing to apply an active management or light value-add strategy, there is considerable upside in improving signage, façade and ingress/egress to further enhance tenant performance and property value.