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Former McDonald's Site 5416 Ridge Ave 0.58 Acres of Commercial Land Online Auction Sale Cincinnati, OH 45213
Investment Highlights
- 5416 Ridge Avenue presents a 0.58-acre commercial parcel, previously developed by McDonald’s, and ready to support a wide range of development.
- Visible to more than 20,380 daily passing vehicles along Ridge Avenue, with the Quality Inn & Suites of Cincinnati shadow-anchoring the site.
- Commercial neighbors of the Pleasant Ridge neighborhood include Aldi, The Home Depot, Lowe’s, Jack in the Box, and even a Tesla showroom.
- Additional 0.23 acres of cross access and parking easement.
- Premier commercial development opportunity supported by a long-term, well-established area and various national retail neighbors.
Executive Summary
Colliers represents the opportunity to acquire a 0.58-acre commercial parcel at 5416 Ridge Avenue, formerly a freestanding McDonald’s, now offered vacant and ready for a wide variety of commercial uses.
The subject site benefits from direct frontage along Ridge Avenue, which is conveniently located right off Interstate 71, a major metro thoroughfare. The location offers a compelling platform for retail, restaurant, service, or experiential users seeking maximum market penetration. A diverse residential base, walkable amenities, community destinations, and strong household incomes surround the site.
The Cincinnati neighborhood of Pleasant Ridge is known for its paved sidewalks and diverse businesses, including a vibrant business district. Located right along Ridge Avenue, south of the downtown and within Pleasant Ridge Park, is the Pleasant Ridge Community Center. The amenities there include a fitness center, several sports fields, a deep pool, a diving board, and meeting spaces. Another local destination is the Lindner Park Nature Preserve, once home to, and named after, the founders of United Dairy Farmers.
5-mile demographics indicate a growing population of 242,991 residents and over 108,660 households. The average household income exceeds $102,570, and the realm generates a robust spending power of more than $3.1 billion each year. Food and beverage accounts for the largest share of consumer spending, earning shy of $900 million.
Cincinnati is a mid-sized Midwestern metro with a diversified economic base anchored by consumer goods, advanced manufacturing, logistics, healthcare, and professional services. Cincinnati's competitive advantages, including moderate costs, an established corporate presence, logistical connectivity, and sector diversification, continue to support steady, albeit modest, growth. For investors, Cincinnati remains a market defined by stability, durable demand drivers, and incremental change rather than rapid expansion.
Ownership has additional listings; please see all available listing URLs here:
• 1800 36th Ave, Moline, IL 61265: https://www.loopnet.com/Listing/1800-36th-Ave-Moline-IL/41708014/
• 2920 NE Adams St, Peoria, IL 61603: https://www.loopnet.com/Listing/2920-NE-Adams-St-Peoria-IL/38476259/
• 1050 Valley St, Minerva, OH 44657: https://www.loopnet.com/Listing/1050-Valley-St-Minerva-OH/33910057/
• 661 Griswold Rd, Elyria, OH 44035: https://www.loopnet.com/Listing/661-Griswold-Rd-Elyria-OH/6844303/
• 3034 Mahoning Ave, Youngstown, OH 44509: https://www.loopnet.com/Listing/3034-Mahoning-Ave-Youngstown-OH/41316602/
• 7844 North Point Blvd, Winston-Salem, NC 27106: https://www.loopnet.com/Listing/7844-North-Point-Blvd-Winston-Salem-NC/41708021/
• 2799 N 22nd St, Decatur, IL 62526: https://www.loopnet.com/Listing/2799-N-22nd-St-Decatur-IL/41708000/
• 609 Chemung St, Horseheads, NY 14845: https://www.loopnet.com/Listing/609-Chemung-St-Horseheads-NY/41707996/
• 2810 Florida 71, Marianna, FL 32446: https://www.loopnet.com/Listing/2810-Florida-71-Marianna-FL/41707992/
• 800 US-67, Walnut Ridge, AR 72476: https://www.loopnet.com/Listing/800-US-67-Walnut-Ridge-AR/41791721/
• 1411 E 2nd St, Jamestown, NY 14701: https://www.loopnet.com/Listing/1411-E-2nd-St-Jamestown-NY/41708006/
The subject site benefits from direct frontage along Ridge Avenue, which is conveniently located right off Interstate 71, a major metro thoroughfare. The location offers a compelling platform for retail, restaurant, service, or experiential users seeking maximum market penetration. A diverse residential base, walkable amenities, community destinations, and strong household incomes surround the site.
The Cincinnati neighborhood of Pleasant Ridge is known for its paved sidewalks and diverse businesses, including a vibrant business district. Located right along Ridge Avenue, south of the downtown and within Pleasant Ridge Park, is the Pleasant Ridge Community Center. The amenities there include a fitness center, several sports fields, a deep pool, a diving board, and meeting spaces. Another local destination is the Lindner Park Nature Preserve, once home to, and named after, the founders of United Dairy Farmers.
5-mile demographics indicate a growing population of 242,991 residents and over 108,660 households. The average household income exceeds $102,570, and the realm generates a robust spending power of more than $3.1 billion each year. Food and beverage accounts for the largest share of consumer spending, earning shy of $900 million.
Cincinnati is a mid-sized Midwestern metro with a diversified economic base anchored by consumer goods, advanced manufacturing, logistics, healthcare, and professional services. Cincinnati's competitive advantages, including moderate costs, an established corporate presence, logistical connectivity, and sector diversification, continue to support steady, albeit modest, growth. For investors, Cincinnati remains a market defined by stability, durable demand drivers, and incremental change rather than rapid expansion.
Ownership has additional listings; please see all available listing URLs here:
• 1800 36th Ave, Moline, IL 61265: https://www.loopnet.com/Listing/1800-36th-Ave-Moline-IL/41708014/
• 2920 NE Adams St, Peoria, IL 61603: https://www.loopnet.com/Listing/2920-NE-Adams-St-Peoria-IL/38476259/
• 1050 Valley St, Minerva, OH 44657: https://www.loopnet.com/Listing/1050-Valley-St-Minerva-OH/33910057/
• 661 Griswold Rd, Elyria, OH 44035: https://www.loopnet.com/Listing/661-Griswold-Rd-Elyria-OH/6844303/
• 3034 Mahoning Ave, Youngstown, OH 44509: https://www.loopnet.com/Listing/3034-Mahoning-Ave-Youngstown-OH/41316602/
• 7844 North Point Blvd, Winston-Salem, NC 27106: https://www.loopnet.com/Listing/7844-North-Point-Blvd-Winston-Salem-NC/41708021/
• 2799 N 22nd St, Decatur, IL 62526: https://www.loopnet.com/Listing/2799-N-22nd-St-Decatur-IL/41708000/
• 609 Chemung St, Horseheads, NY 14845: https://www.loopnet.com/Listing/609-Chemung-St-Horseheads-NY/41707996/
• 2810 Florida 71, Marianna, FL 32446: https://www.loopnet.com/Listing/2810-Florida-71-Marianna-FL/41707992/
• 800 US-67, Walnut Ridge, AR 72476: https://www.loopnet.com/Listing/800-US-67-Walnut-Ridge-AR/41791721/
• 1411 E 2nd St, Jamestown, NY 14701: https://www.loopnet.com/Listing/1411-E-2nd-St-Jamestown-NY/41708006/
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Miscellaneous
Property Facts
| Property Type | Land | Total Lot Size | 0.58 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | F SPI-SC | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 0.58 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | F SPI-SC |
1 Lot Available
Lot
| Lot Size | 0.58 AC | Parcel Number | 520-0270-0059 |
| Lot Size | 0.58 AC |
| Parcel Number | 520-0270-0059 |
0.58-acre commercial development lot, previously developed by McDonald's.
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Sale Advisors
Sale Advisors
Christopher Seelig, Senior Vice President
Chris Seelig is a Senior Vice President and Principal with Colliers International, a global real estate organization with more than 450 offices worldwide.
Mr. Seelig, who joined Colliers International in 2013, oversees the Retail Services Group at the Cleveland office. Specializing in retail tenant representation, landlord representation and restaurant leasing throughout Ohio, Chris has personally participated in and managed over 350 sale and lease transactions, with an aggregate value in excess of $150 million. With more than 18 years of experience representing both landlords and tenants, Chris has handled assignments throughout Ohio and the Midwest. His experience includes investment sales, land assemblage, corporate dispositions, REO properties, zoning and development.
He began his real estate career in 1999 at NAI Ronald Markowitz Real Estate, and then went on to serve as Director of Retail Services at NAI Daus Commercial Real Estate.
Prior to his real estate career, Mr. Seelig was a General Manager for Houlihan's Restaurants.
Mr. Seelig, who joined Colliers International in 2013, oversees the Retail Services Group at the Cleveland office. Specializing in retail tenant representation, landlord representation and restaurant leasing throughout Ohio, Chris has personally participated in and managed over 350 sale and lease transactions, with an aggregate value in excess of $150 million. With more than 18 years of experience representing both landlords and tenants, Chris has handled assignments throughout Ohio and the Midwest. His experience includes investment sales, land assemblage, corporate dispositions, REO properties, zoning and development.
He began his real estate career in 1999 at NAI Ronald Markowitz Real Estate, and then went on to serve as Director of Retail Services at NAI Daus Commercial Real Estate.
Prior to his real estate career, Mr. Seelig was a General Manager for Houlihan's Restaurants.
Justin Rex, Vice President
After serving as a Research Analyst assisting brokers in the Greater Cincinnati market, he has transitioned into a Brokerage Vice President specializing in the retail sector. Justin works with both property owners and tenants to provide value and market insight whether it is stabilizing a neighborhood center or locating the strongest position for their operation. He dedicates himself to his clients in the areas of acquisitions, dispositions, leasing, development, zoning, and market analysis.
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Auction Contact
Molly Patten
Contact
Auctioneer License:
Ten-X Commercial, LLC Samantha Corbat RE Brkr REC.2019003563; Ohio Department of Agriculture- Auctioneer Program: Ten-X Commercial, Inc. (Ten-X, Inc.) Auctioneer Corporation 2022000147 Samantha Corbat Auctioneer 2023000126
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Street View
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Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Former McDonald's Site | 5416 Ridge Ave
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