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8201-8207 Vine St 4,000 SF 100% Leased Retail Building Cincinnati, OH 45216 $225,000 ($56.25/SF) 13.24% Cap Rate



Executive Summary
“Stabilized small-bay flex with specialty tenants”
This fully leased, multi-tenant flex building offers stable in-place income and long-term upside for investors seeking small-bay commercial exposure in a high-demand corridor of Springfield Township. The 3,794 SF building is configured into four suites of approximately 950–990 SF each, occupied by a diverse mix of service-oriented and specialty users. Each unit includes a private restroom and is separately metered for electric and water, supporting efficient operations and simplified expense allocation. Recent capital improvements include a brand-new roof installed in 2024 ($25,000) and updated electrical systems. The property is positioned for continued cash flow with minimal near-term capital requirements. Due to site configuration and adjacent property improvements, the suites function as flex studio / service-commercial spaces rather than traditional drive-in garage bays, making the asset best suited for investors comfortable with non-traditional tenant profiles. With an in-place NOI of $29,800, B-2 zoning allowing a wide range of commercial uses, and strong demand for small-format commercial space in the submarket, this property presents an opportunity for buyers seeking yield, stability, and future repositioning potential.
This fully leased, multi-tenant flex building offers stable in-place income and long-term upside for investors seeking small-bay commercial exposure in a high-demand corridor of Springfield Township. The 3,794 SF building is configured into four suites of approximately 950–990 SF each, occupied by a diverse mix of service-oriented and specialty users. Each unit includes a private restroom and is separately metered for electric and water, supporting efficient operations and simplified expense allocation. Recent capital improvements include a brand-new roof installed in 2024 ($25,000) and updated electrical systems. The property is positioned for continued cash flow with minimal near-term capital requirements. Due to site configuration and adjacent property improvements, the suites function as flex studio / service-commercial spaces rather than traditional drive-in garage bays, making the asset best suited for investors comfortable with non-traditional tenant profiles. With an in-place NOI of $29,800, B-2 zoning allowing a wide range of commercial uses, and strong demand for small-format commercial space in the submarket, this property presents an opportunity for buyers seeking yield, stability, and future repositioning potential.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,000 SF
Building Class
C
Year Built
1924
Price
$225,000
Price Per SF
$56.25
Cap Rate
13.24%
NOI
$29,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.13 AC
Zoning
B2
Parking
1 Spaces (0.25 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 590-0071-0352 | Improvements Assessment | $26,926 |
| Land Assessment | $13,993 | Total Assessment | $40,919 |
Property Taxes
Parcel Number
590-0071-0352
Land Assessment
$13,993
Improvements Assessment
$26,926
Total Assessment
$40,919
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8201-8207 Vine St
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