2800 Gilbert Ave
50,192 SF Office Building Cincinnati, OH 45206 $3,500,000 ($69.73/SF)
INVESTMENT HIGHLIGHTS
- Office flex property, 50,192 SF, 2.10 Acres in East Walnut Hills.
- Owner-occupier opportunity, 25,000 SF available for various uses.
- Current income-generating, approximately 25,000 SF leased.
- Diverse commercial and institutional uses permitted.
EXECUTIVE SUMMARY
Explore this exceptional office flex property, spanning 50,192 square feet across a sprawling 2.10-acre site in the thriving neighborhood of East Walnut Hills. Currently an income-generating asset, with approximately 25,000 square feet already leased, it presents a compelling investment opportunity. Additionally, with 25,000 square feet available, this property offers the potential for owner-occupier use, accommodating a diverse range of business endeavors. Zoned as Commercial Community - Pedestrian (CC-P) according to CAGIS, this property is primed for a variety of commercial and institutional uses, including larger-scale retail, entertainment, and public facilities. With over $100 million in investments pouring into East Walnut Hills, including major apartment building renovations and mixed-use developments, now is the opportune time to seize this promising property before it's too late.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
50,192 SF
Building Class
B
Year Built
1970
Price
$3,500,000
Price Per SF
$69.73
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
25,258 SF
Slab To Slab
11’
Building FAR
0.28
Lot Size
4.13 AC
Zoning
ML - Low-Impact Manufacturing
Parking
250 Spaces (4.98 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Perfect for Office, Medical, Government Modern, flexible office spaces
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 25,000 SF | Office | - | 30 Days |
1st Floor
| Size |
| 25,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
1 of 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $392,284 (2023) | |
| Land Assessment | $145,723 (2023) | Total Assessment | $538,007 (2023) |
