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14 N 3rd St 5,000 SF 100% Leased Retail Building Ripley, OH 45167 $378,876 CAD ($75.78 CAD/SF) 10% Cap Rate



INVESTMENT HIGHLIGHTS
- Self Storage
- Air BnB / Short Term Rental
EXECUTIVE SUMMARY
Truly one-of-a-kind multi-use investment opportunity in the heart of historic Ripley! The Jail Break Inn & Lockup Storage, 2025 Cincy Magazine "Best of the East" offers a thriving short-term rental business PLUS additional income from 6 storage units generating $500/month. This iconic property is the fully renovated former Ripley Jail, thoughtfully converted into a memorable guest experience that blends preserved history with modern comfort. The short-term rental features 3 bedrooms, 1 full bath, 4 beds, and 2 genuine looking jail cells, along with authentic architectural details including exposed brick, iron bars, and historic stonework. Guests enjoy updated amenities throughout while being immersed in Ripley's rich story tied to the Ohio River and Underground Railroad. Strong rental history, unique branding, and local notoriety make this a standout turnkey investment. A rare chance to own a profitable, conversation-worthy property with multiple income streams!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,000 SF
Building Class
C
Year Built
1975
Price
$378,876 CAD
Price Per SF
$75.78 CAD
Cap Rate
10%
NOI
$37,888 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.13 AC
Zoning
Commercial
Frontage
48’ on 3rd St
AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 41-000937-0000 | Improvements Assessment | $44,074 CAD |
| Land Assessment | $8,335 CAD | Total Assessment | $52,409 CAD |
PROPERTY TAXES
Parcel Number
41-000937-0000
Land Assessment
$8,335 CAD
Improvements Assessment
$44,074 CAD
Total Assessment
$52,409 CAD
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14 N 3rd St
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