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Mixed Use Corner - Retail w/ Apartments Above 6017-6019 Vine St 2,883 SF 50% Leased Retail Building Cincinnati, OH 45216 $350,000 ($121.40/SF) 10.22% Cap Rate
EXECUTIVE SUMMARY
Don't miss this opportunity to acquire a stable asset in Elmwood Place. This mixed-use building is ready to generate income and/or home to your business. The 1875 SF ground floor retail space is currently home to a gym and salon. Upstairs, (2) 1875 SF, 3BD residential apartments offer consistent rental income. The large basement is perfect for extra storage for the retail space(s). Zoned B-2 Community Business - this property offers flexibility and a strong unit mix for any serious investor and/or owner/user!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,883 SF
Building Class
C
Year Built
1900
Price
$350,000
Price Per SF
$121.40
Cap Rate
10.22%
NOI
$35,770
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.55
Lot Size
0.12 AC
Zoning
B-2 Community Business - B-2 Community Business
Frontage
54’ on Vine St
AMENITIES
- 24 Hour Access
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 661-0001-0200 | Improvements Assessment | $43,806 |
| Land Assessment | $6,853 | Total Assessment | $50,659 |
PROPERTY TAXES
Parcel Number
661-0001-0200
Land Assessment
$6,853
Improvements Assessment
$43,806
Total Assessment
$50,659
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Mixed Use Corner - Retail w/ Apartments Above | 6017-6019 Vine St
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