1008 Race St - Office/Residential FOR SALE


Cincinnati, OH 45202- City Center
$1,600,000 USD
513-304-5592
1008 Race St, Cincinnati, OH for Sale
$1,600,000 USD
Office/Residential - FOR SALE
1/14
null | Request Cap Rate

1008 Race St
Cincinnati, OH 45202
City Center


HIGHLIGHTS

  • Prime location surrounded by thriving dining, entertainment, and urban amenities

OVERVIEW

Don't miss this exceptional opportunity to own a beautifully renovated five-story commercial building in one of Cincinnati's most sought-after and rapidly growing districts. Offering approximately 10,000 square feet of versatile space (approximately 2,000 square feet per floor), this property is ideal for investors, owner-occupants, or businesses seeking a premier urban location. Zoned for flexible mixed-use use, the property allows street-level retail on the first floor with office, creative workspace, or work-live lofts on the upper floors. Whether you're envisioning boutique retail, professional offices, creative studios, or modern live-work spaces, this property offers exceptional flexibility and long-term investment potential. Each floor is thoughtfully designed with its own kitchen. Floors 1, 2, and 4 feature two half baths, while Floors 3 and 5each include one full bath and one half bath. If a floor is leased or occupied as a live-work or residential space, the owner will install a bathtub as needed to accommodate residential living requirements. Located just steps from the vibrant Over-the-Rhine district, the property is surrounded by award-winning restaurants, breweries, entertainment venues, shopping, and downtown conveniences, making it a standout asset in one of Cincinnati's most dynamic and desirable neighborhoods. Additional Income Opportunity: Floors 1 through 3 are currently vacant and are also available for lease at $2,400 per month, per floor, providing immediate income potential or flexibility for owner occupancy. Showing Instructions: Showings are currently limited to Floors 2 and 3 only. Please do not disturb the tenantsoccupying the remaining floors. Access to the occupied floors may be arranged after a successful initial showing and will be granted to qualified buyers with a serious interest in the property.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

DD

APN/PARCEL ID

076-0002-0125,076-0002-0126

ASK ABOUT THIS PROPERTY

Leticia MartinezKeller Williams Seven HillsMore Info
513-304-5592

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Leticia MartinezKeller Williams Seven HillsMore Info
513-304-5592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.