1414 Sycamore St - Churches FOR SALE


Cincinnati, OH 45202- Pendleton
$1,300,000 USD
513-520-3540
1414 Sycamore St, Cincinnati, OH for Sale
$1,300,000 USD
Churches - FOR SALE
1/6
null | Request Cap Rate

1414 Sycamore St
Cincinnati, OH 45202
Pendleton


HIGHLIGHTS

  • Multiple redevelopment opportunities
  • Onsite parking
  • Excellent location
  • Flexible owner

OVERVIEW

1414, 1416 Sycamore Street is being offered for sale for the first time in over 30 years. The offering is for two parcels. 1414 Sycamore Street consists of a 5,250 square foot building split between the main level and lower level. There is a 3rd floor attic also being used as an office that is not included in the 5,250 square footage. The building was built in 1900 and is situated on .037 acres. The property features a pitched shingle roof which was replaced approximately 10 years ago which included all new plywood underneath. There are 2 furnaces, one on each level, multiple central air units for the main level & 2 hot water tanks. The main floor features 2 bathroom stalls and more bathrooms in the basement which are not being used. The building has been used for public worship by the same local church since 1994. The building has an occupancy of 174 persons. The main level is used for religious services and offices and the lower level has been used in the past for cafeteria, kitchen, storage and offices. The building features 16-20 foot ceilings throughout. 1416 Sycamore Street which is adjacent to the building is a paved parking lot situated on .038 acres. Opportunity exists for multiple uses. Office, retail, residential. Possibly tear down and create parking. Located in the vibrant city of Cincinnati, the property at 1414, 1416 Sycamore St, 45202 offers a prime investment opportunity for multiple investment types. The subject property is specifically located in historic Pendleton district, next door to Nicolas at the corner of Liberty Street and Sycamore Street and one block from Ziegler Park. Surrounded by a dynamic mix of business, arts, and culture, the area boasts easy access to renowned landmarks like Fountain Square, Great American Ball Park, and the Cincinnati Art Museum. With a rich dining scene and lively entertainment options, prospective tenants will appreciate the proximity to attractions like Over-the-Rhine and the Banks. The location's thriving urban environment creates an appealing draw for businesses seeking a central, energetic workspace in the heart of Cincinnati.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Parking Lot

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,612 SF

ZONING

CC-P

APN/PARCEL ID

075-0001-0100

ASK ABOUT THIS PROPERTY

Jennifer DonathanKW CommercialMore Info
513-520-3540

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Jennifer DonathanKW CommercialMore Info
513-520-3540

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