801 Evans St - Loft/Creative Space FOR SALE


Cincinnati, OH 45204- Lower Price Hill
$949,000 USD
513-315-8629
801 Evans St, Cincinnati, OH for Sale
$949,000 USD
Loft/Creative Space - FOR SALE
1/17
null | Request Cap Rate

NEW


801 Evans St
Cincinnati, OH 45204
Lower Price Hill


HIGHLIGHTS

  • Two story office building with 8000 sqft footprint
  • Parking on-site with additional off street parking
  • Less than one mile from Cincinnati Business District
  • Easy access to all major roadways/expressways and amenities
  • $114,700 in gross collected rents
  • 85% occupied w/ 2,775 sqft vacant. Cash flow day 1 with upside

OVERVIEW

Property located in Queensgate, a commercial oriented neighborhood in Cincinnati, Ohio which has been dominated by industrial and commercial for most of its history. Just minuets from CBD, this 16,000 sqft office/flex space is a value-add alternative to locating downtown. Queensgate is one of the largest untapped areas for redevelopment, business development, new jobs and new housing in Cincinnati. It has been identified by the City of Cincinnati, and large developers, as a critical location for the revitalization of the I-75 corridor because of its close proximity to the downtown corridors and easy access to many amenities. This property sits with signage and frontage on 8th street viaduct and Evans St (.2 miles North of Route 50). Directly across from the Cincinnati Police Academy and adjacent to the , newly developed, Nehemiah factory. This property features interior support columns and 10' ceilings allowing for a modern, open workspace or industrial/manufacturing use. Loading dock can be installed if needed. 3-phase 480V in building. First floor is slab on grade with reinforced concrete flooring. Current Tenant will re-sign for 5 year commitment with new ownership. Currently collecting $80,000 in gross revenue.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Edwin H. Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,102 SF

ZONING

Office

APN/PARCEL ID

149-0014-0125

ASK ABOUT THIS PROPERTY

Ben TrautmannJ.A. Trautmann RealtorsMore Info
513-315-8629

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Ben TrautmannJ.A. Trautmann RealtorsMore Info
513-315-8629

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