270-769-0284
5216 Glenway Ave, Cincinnati, OH for Sale
Restaurant - FOR SALE
1/22
null | Request Cap Rate

5216 Glenway Ave
Cincinnati, OH 45238
West Price Hill


OVERVIEW

Corporate Surplus: Convenient Former Franchise Restaurant Sited West of Downtown Cincinnati at the intersection of Glenway Avenue, Ferguson Road and Prosperity Place, this +/-4,780 square foot former franchise restaurant is ideal for continued use as a restaurant, retail, hospitality, or other commercial enterprise that would benefit from this ultra-convenient location. All subject to county approval. Features Include: Traffic Counts: o Glenway Avenue: +/- 23,000 VPD o Ferguson Road: +/- 9,000 VPD Situated on a 1.147-acre lot, currently sectioned to provide parking for 74 standard spaces and 3 designated handicap spots — ideal for high customer traffic Drive-through The property is proximate to Western Hills High school, shopping centers, thriving businesses and within a large residential area: population- 1 Mile 18,677, 3 miles 124,068, 5 Miles 244,593. Equipped with commercial food service equipment with two stainless-steel prep stations to support both dine- in and drive-through , full-service cleaning station for high pressure heat cleaning, a singular flat top grill, grease transferring systems and full ventilation over each cooking station. Includes three sizable walk-in freezers/refrigerators with two additional reach-in doors that allows easy access to produce and helps maintain constant temperature. Currently zoned CC-M – Commercial Community, under Hamilton County Planning and Development. Allowing for a range of future usage such as restaurants, medical services, hospitality locations, professional offices, retail, financial establishments, and other commercial developments. Last Annual Rent: $199,007.76 Parcel ID: 183-0002-0305-00 2024 Hamilton County Tax Market Value: $854,820.00 2024 Annual Taxes: $24,754.51 Edward D. Durnil, OH Auctioneer/Broker #200800096 10% Buyer’s Premium | 10% Deposit Due Day of Sale | Other Terms Apply

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Franchise Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

49,963 SF

ZONING

CC-M

APN/PARCEL ID

183-0002-0305

ASK ABOUT THIS PROPERTY

Edward DurnilTranzon Asset AdvisorsMore Info
270-769-0284

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Edward DurnilTranzon Asset AdvisorsMore Info
270-769-0284

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