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Multi-Tenant Investment Property 4108 Montgomery Rd 4,324 SF 100% Leased Retail Building Cincinnati, OH 45212 $697,600 CAD ($161.33 CAD/SF) 7.78% Cap Rate



INVESTMENT HIGHLIGHTS
- Sale Price: $500,000
- Ground floor: Retail space (La Gozadera Latin Club)
- Unit 2: 2 bedrooms, 1 bathroom apartment
- Cap Rate - 7.78%
- Unit 1: 1 bedroom, 1 bathroom apartment
- 100% Occupied
EXECUTIVE SUMMARY
3CRE is pleased to present 4108 Montgomery Road, a well-positioned mixed-use investment opportunity in Cincinnati. This two-story property features a ground-floor retail space currently occupied by a bar, along with two fully leased residential units above. The residential mix includes one 1-bedroom/1-bathroom apartment and one 2-bedroom/1-bathroom apartment, offering reliable income and long-term tenant appeal. With street-level frontage and solid neighborhood visibility, the property combines stable cash flow with strong potential for future value appreciation.
Situated in the heart of Norwood along the rapidly developing Montgomery Road corridor, this property benefits from the area's ongoing revitalization and strategic central location. Norwood has become a focal point for new investment, with a surge of retail, dining, and mixed-use developments transforming the community. Just minutes from Xavier University and adjacent to vibrant neighborhoods like Evanston and Pleasant Ridge, the site offers excellent visibility and accessibility. Tenants enjoy close proximity to public transportation, walkable amenities, and seamless access to I-71, making this an ideal location for both commercial and residential opportunities in one of Cincinnati’s most promising urban submarkets.
Situated in the heart of Norwood along the rapidly developing Montgomery Road corridor, this property benefits from the area's ongoing revitalization and strategic central location. Norwood has become a focal point for new investment, with a surge of retail, dining, and mixed-use developments transforming the community. Just minutes from Xavier University and adjacent to vibrant neighborhoods like Evanston and Pleasant Ridge, the site offers excellent visibility and accessibility. Tenants enjoy close proximity to public transportation, walkable amenities, and seamless access to I-71, making this an ideal location for both commercial and residential opportunities in one of Cincinnati’s most promising urban submarkets.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,324 SF
Building Class
B
Year Built
1900
Price
$697,600 CAD
Price Per SF
$161.33 CAD
Cap Rate
7.78%
NOI
$54,273 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.10
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
GBD - Business District, General Commercial
Frontage
40’ on Montgomery Rd
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 651-0033-0012 | Improvements Assessment | $64,535 CAD |
| Land Assessment | $21,834 CAD | Total Assessment | $86,369 CAD |
PROPERTY TAXES
Parcel Number
651-0033-0012
Land Assessment
$21,834 CAD
Improvements Assessment
$64,535 CAD
Total Assessment
$86,369 CAD
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Multi-Tenant Investment Property | 4108 Montgomery Rd
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