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3860 Race Rd 753 - 1,272 SF Condo Units Offered at $209,140 - $313,920 CAD Per Unit in Cincinnati, OH 45211
INVESTMENT HIGHLIGHTS
- Less than five minutes from various retailers such as Walgreens, Subway, and Taco Bell
EXECUTIVE SUMMARY
Finished office space in brick office building. Price includes income from existing lease tenant.
PROPERTY FACTS
| Total Building Size | 16,000 SF | Typical Floor Size | 8,000 SF |
| Property Type | Office | Year Built | 2007 |
| Property Subtype | Medical | Lot Size | 0.96 AC |
| Building Class | A | Parking Ratio | 2.5/1,000 SF |
| Floors | 2 | ||
| Zoning | OO - Office, Medical Office, Professional | ||
| Total Building Size | 16,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 8,000 SF |
| Year Built | 2007 |
| Lot Size | 0.96 AC |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | OO - Office, Medical Office, Professional |
AMENITIES
- Controlled Access
- Signage
- Drop Ceiling
2 UNITS AVAILABLE
Unit 104
| Unit Size | 753 SF | Cap Rate | 7.93% |
| Price | $209,140 CAD | NOI | $16,591.02 CAD |
| Price Per SF | $277.74 CAD | No. Parking Spaces | 40 |
| Condo Use | Office/Medical | APN/Parcel ID | 550-0121-0661-00 |
| Sale Type | Investment or Owner User |
| Unit Size | 753 SF |
| Price | $209,140 CAD |
| Price Per SF | $277.74 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.93% |
| NOI | $16,591.02 CAD |
| No. Parking Spaces | 40 |
| APN/Parcel ID | 550-0121-0661-00 |
DESCRIPTION
Beautiful finishes in the office condo with two private offices, large reception and conference area, mailing and refreshment center, and private outside entrance.
SALE NOTES
Leased currently through May 1, 2026. Beautiful brick elevator office building.
+4 More
Full View
Conference
Entry
Storage
Copy Center
Hallway
Kitchenette
Office
Office2
Unit 203
| Unit Size | 1,272 SF | Cap Rate | 8.95% |
| Price | $313,920 CAD | NOI | $28,083.98 CAD |
| Price Per SF | $246.79 CAD | No. Parking Spaces | 40 |
| Condo Use | Office | APN/Parcel ID | 550-0121-0657-00 |
| Sale Type | Investment or Owner User |
| Unit Size | 1,272 SF |
| Price | $313,920 CAD |
| Price Per SF | $246.79 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.95% |
| NOI | $28,083.98 CAD |
| No. Parking Spaces | 40 |
| APN/Parcel ID | 550-0121-0657-00 |
DESCRIPTION
Office condo in elevator building with 4 private offices, reception area, break room, conference area, and private restroom. Space under lease with same tenant since 04/01/18 and current lease expires 3/31/28 unless renewed again.
SALE NOTES
Sale includes lease tenant income until at least 03/31/2028
Presented by
For-Most Properties LLC
3860 Race Rd
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