414 Central Ave - Apartments FOR SALE


Cincinnati, OH 45202- City Center
$309,000 USD
513-290-2511
414 Central Ave, Cincinnati, OH for Sale
$309,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

414 Central Ave
Cincinnati, OH 45202
City Center


HIGHLIGHTS

  • Close Proximity to Newly Renovated Convention Center
  • Flexible Use with DD Zoning: Multifamily, Retail, Etc.
  • Value Add Opportunity
  • Three-Story Property with Central Avenue Frontage
  • Located in Downtown Cincinnati's Central Business District

OVERVIEW

3CRE is pleased to present 414 Central Ave, a blank canvas in the heart of Downtown Cincinnati, offering strong potential for multifamily or mixed-use redevelopment with creative retail possibilities. Ideal for an experienced buyer with a proven track record in historic renovation and urban redevelopment. Approved architectural plans are available to leverage and building is zoned for uses for Downtown Development District zoning. Property needs a full transformation, suited to your vision Located just steps from the newly renovated First Financial Convention Center and its $264M transformation, this site is positioned for both long-term and short-term rental strategies. With close proximity to Paycor Stadium, there’s opportunity to capture game-day traffic with concepts like late-night walk-up window or ghost kitchen, complementing existing retail on 4th Street.

FOR SALE DETAILS

PRICE

$309,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

1

PRICE/UNIT

$309,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1875

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

DD

APN/PARCEL ID

145-0001-0029

ASK ABOUT THIS PROPERTY

Rachel Thompson3CRE Advisors, LLCMore Info
513-290-2511

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Rachel Thompson3CRE Advisors, LLCMore Info
513-290-2511

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