954 W North Bend Rd - Office FOR SALE


Cincinnati, OH 45224- Finneytown
$650,000 USD
786-673-0842
954 W North Bend Rd, Cincinnati, OH for Sale
$650,000 USD
Office - FOR SALE
1/12
null | 9.5% Cap Rate

954 W North Bend Rd
Cincinnati, OH 45224
Finneytown


HIGHLIGHTS

  • Commercial property with 25 Total Units and 55 Parking spots.
  • Tenants Pay Rent + Utilities / Opportunity Development: with the sales price comes a large land next to the building.
  • Current Occupancy: 84%
  • Income Potential: NOI $96,000
  • Cap Rate: 9.5%
  • Projected ROI: +16%

OVERVIEW

Well managed and maintained 25 unit Commercial Office building located in Finneytown. Tenants pay their own utilities. There is ample parking with different entrances (minimum 55 parking spots). This office building is centrally located with lots of traffic. You can add extra Income like Expending Machines, Extra Charge for Parking, Charge for Advertising at the Billboard in the property entrance. The building comes with an empty lot for mix use, can be Commercial or Multi Family, you can develop this site. Great management!

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Health Club

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

B-2

APN/PARCEL ID

590-0211-0222,590-0211-0404

ASK ABOUT THIS PROPERTY

Erick AcuñaYour Real InvestmentMore Info
786-673-0842

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Erick AcuñaYour Real InvestmentMore Info
786-673-0842

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