4539 Montgomery Rd - Storefront Retail/Residential FOR SALE


Cincinnati, OH 45212- Norwood
$750,000 USD
440-474-2269
4539 Montgomery Rd, Cincinnati, OH for Sale
$750,000 USD
Storefront Retail/Residential - FOR SALE
1/24
null | Request Cap Rate

4539 Montgomery Rd
Cincinnati, OH 45212
Norwood


HIGHLIGHTS

  • Renovated Mixed-Use Asset: Four fully renovated residential units and two street-level retail spaces totaling approximately 7,700 rentable square feet
  • Retail Lease-Up Opportunity: Both retail spaces are currently vacant, providing flexibility for an owner-user or investor to secure new tenants
  • Upgraded Building Systems: Residential units feature newer HVAC systems and updated electrical wiring, roof replaced within the past five years
  • Prime Location in Active Redevelopment Zone: Located within Norwood’s $4.6 million Montgomery Road Redevelopment Corridor
  • Proximity to Major Economic Drivers: Two minutes from the $100 million Factory 52 mixed-use redevelopment

OVERVIEW

Marcus & Millichap is pleased to present 4539 Montgomery, a six-unit mixed-use investment opportunity located in the heart of Norwood along the Montgomery Road corridor. The property features four recently renovated apartments and two street-level retail spaces totaling approximately 7,700 rentable square feet. Both retail spaces are currently vacant, providing flexibility for an owner-user or new tenant lease-up strategy. Significant system upgrades have been completed, including a newer roof, full renovation of all residential units, and individual utility metering, creating a clear path to stabilization and value creation. 4539 Montgomery is positioned within the City of Norwood’s $4.6 million Montgomery Road Redevelopment Corridor and just two minutes from the $100 million Factory 52 mixed-use development — both of which are catalyzing continued investment and tenant demand in the area.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

GBD

APN/PARCEL ID

651-0026-0007

ASK ABOUT THIS PROPERTY

Jordan DickmanMarcus & MillichapMore Info
440-474-2269

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Jordan DickmanMarcus & MillichapMore Info
440-474-2269

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