1500 Race St - Apartments FOR SALE


Cincinnati, OH 45202- Over-The Rhine
$1,050,000 USD
513-250-5853
1500 Race St, Cincinnati, OH for Sale
$1,050,000 USD
Apartments - FOR SALE
1/84
null | Request Cap Rate

1500 Race St
Cincinnati, OH 45202
Over-The Rhine


HIGHLIGHTS

  • Rare Mixed-Use Value-Add Opportunity in O.T.R.
  • 2nd Generation Restaurant
  • Potential Tax Credit Opportunities

OVERVIEW

Pesola Advisors Group is pleased to present a rare opportunity to acquire an income-producing mixed-use asset in the heart of Over-the-Rhine. Anchored by a 2nd generation restaurant space on the first floor — currently leasing at $5,000/month — 1500 Race Street offers cash flow paired with significant upside potential for the entrepreneur-minded investor. Positioned on the prominent corner of Race and W 15th, the property provides a stable income foundation within a neighborhood defined by strong residential demand, hospitality growth, and continued private investment.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

4

PRICE/UNIT

$262,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CC-P

APN/PARCEL ID

081-0004-0015

ASK ABOUT THIS PROPERTY

Nick PesolaColdwell Banker CommercialMore Info
513-250-5853

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Nick PesolaColdwell Banker CommercialMore Info
513-250-5853

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