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8201-8207 Vine St
Cincinnati, OH 45216
Retail Property For Sale


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.
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
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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