2533 Gilbert Ave
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2533 Gilbert Ave
10,494 SF 20% Leased Retail Building Cincinnati, OH 45206 $990,000 ($94/SF)
Investment Highlights
- Rapidly growing and developing business district
- Excellent location for restaurant or entertaining business
Executive Summary
Investment/development opportunity in the heart of Walnut Hills-Peebles Corner business/entertainment district. Multi use building with (5) possible leased units. (5K+) sq ft per floor. Large open 1st floor, fully accessible 5k sq ft basement; (3) office/retail spaces on 2nd floor- (1) office w/Kit & BA could be owner occupied. Outdoor patio space above garage. Garage can be leased as separate unit or converted to a restaurant kitchen space. Construction of building with concrete supports has been deemed structurally sound enough to add 3rd floor or rooftop patio/dining area. Heating replaced 2022.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
10,494 SF
Building Class
C
Year Built
1941
Price
$990,000
Price Per SF
$94
Percent Leased
20%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.27
Land Acres
0.19 AC
Zoning
CC-M - Designed to encourage a mix of commercial, residential, and sometimes light industrial uses within a community.
Parking
10 Spaces (0.95 Spaces per 1,000 SF Leased)
Frontage
58 FT on Gilbert Ave
Amenities
- Bus Line
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 067-0002-0169 | Improvements Assessment | $67,095 |
| Land Assessment | $14,021 | Total Assessment | $81,116 |
PROPERTY TAXES
Parcel Number
067-0002-0169
Land Assessment
$14,021
Improvements Assessment
$67,095
Total Assessment
$81,116
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Robert Stradtman -
Stradtman Group - Epique Realty
1 of 47
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