3012 Glenmore Ave - Medical FOR SALE


Cincinnati, OH 45238- Westwood
$2,250,000 USD
3012 Glenmore Ave, Cincinnati, OH for Sale
$2,250,000 USD
Medical - FOR SALE
1/12
null | 9.38% Cap Rate

Jan '26


3012 Glenmore Ave
Cincinnati, OH 45238
Westwood


HIGHLIGHTS

  • Property easily accommodates a lot of customer and patient traffic on a daily basis, clean and well maintained, street signage a plus
  • Windows in suites open for fresh air
  • Friendly camaraderie among existing tenants
  • Nice wood framd glass inset clinic-look doors to suite entries with Schlage keyless entries
  • LL suite currently has some unfinished space that could be updated and leased, about 650 sq ft. used for owner's storage
  • Each suite has a private bathroom, and there are 2 locked bathrooms in hallway for public/patron use

OVERVIEW

Solid building with solid tenants is a tremendous value add investment opportunity. Large parking lot accommodates 90+ spaces. Professional tenants, many of whom renew leases, fully occupied. Pride of ownership shows, well maintained, owner occupies suite on site, same owner for last 25 years. High traffic count and visibility, easy access, located on metro bus line. Recently updated the front entry and canopy, also updated locking mechanisms on building entry doors. As a plus, owner willing to consider and assemble adjoining properties on both sides for an interested buyer. If buyer allows, owner will remain on site in current suite as a tenant. There are NOT a lot of building/lot combinations like this on the west side. Consider if this this could qualify for your 1031 Exchange.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

9.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

B-4/R-3T, Cincinnati

APN/PARCEL ID

208-0060-0030

ASK ABOUT THIS PROPERTY

Tom DeutschColdwell Banker RealtyMore Info

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Tom DeutschColdwell Banker RealtyMore Info

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