Marcus & Millichap is pleased to present the opportunity to acquire 33 W 4th Street, a historic ±42,000-square-foot redevelopment project in the heart of downtown Cincinnati (the “Property”). Originally planned as Carding House, a 44-room boutique hotel, the Property offers buyers the ability to capitalize on substantial predevelopment work, initial construction progress, and a layered incentive stack materially reducing the total project basis. Located near Cincinnati’s leading entertainment, convention, and business destinations, the asset is well positioned for a sponsor seeking a high-profile adaptive reuse opportunity with hospitality, multifamily, or other use creative use potential. Downtown Cincinnati is an evolving urban core where older office buildings are increasingly being repositioned for residential, hospitality, and mixed-use, creating a compelling backdrop for adaptive reuse investment. Anchored by a walkable CBD and access to eight Fortune 500 headquarters, along with strong employment, dining, entertainment, and cultural amenities, the submarket offers compelling potential for boutique hotel or multifamily redevelopment. Nearby attractions and amenities within walking distance include “The Banks”, Great American Ball Park, Paycor Stadium, Duke Energy Convention Center, Fountain Square, Hard Rock Casino, and more. For investors, Downtown Cincinnati presents an opportunity to capitalize on the conversion of underutilized office product within one of the region’s most established urban districts.