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5209 Glenway Ave 3,999 SF Retail Building Cincinnati, OH 45238 $850,560 CAD ($212.69 CAD/SF) 9% Cap Rate



Investment Highlights
- Prime retail frontage on Glenway Avenue – one of Cincinnati’s major west-side thoroughfares.
- Flexible retail zoning—ideal for food & beverage, service clients, specialty retail, wellness, or neighborhood-serving uses.
- Established neighborhood shopping corridor with deep local roots and loyal consumer base.
Executive Summary
Discover a rare opportunity to acquire a well-located four-tenant retail building on the bustling west side of Cincinnati, at 5209 Glenway Ave. Situated on the primary Glenway Avenue corridor, this asset boasts strong visibility, excellent frontage, and an established tenant base. Ideal for investors seeking stable cash flow in a value-add retail asset with long-term upside.
Key Highlights:
Prime retail frontage on Glenway Avenue – one of Cincinnati’s major west-side thoroughfares.
Four distinct tenant spaces, diversifying risk and providing superb tenant mix potential.
Established neighborhood shopping corridor with deep local roots and loyal consumer base.
Excellent visibility and access: high daily traffic counts, strong drive-by exposure and commuter flow.
Located in a dense residential catchment area – with strong daytime and evening population in West Price Hill and surrounding markets.
Flexible retail zoning—ideal for food & beverage, service clients, specialty retail, wellness, or neighborhood-serving uses.
Location / Demographics:
West Price Hill and the Glenway Avenue zone represent one of Cincinnati’s most active older retail corridors—anchored by longtime small-business uses and supported by stable household incomes. The 5209 Glenway address places the asset right in the heart of that trade area. The tenant at 5209 (one of the spaces) has longstanding recognition in the community, underscoring the vitality of the location.
Investment Rationale:
With multiple tenants in place, this four-tenant building offers immediate income with potential upside through lease re-negotiations, rental repositioning, or tenant mix optimization. For an investor willing to apply an active management or light value-add strategy, there is considerable upside in improving signage, façade and ingress/egress to further enhance tenant performance and property value.
Key Highlights:
Prime retail frontage on Glenway Avenue – one of Cincinnati’s major west-side thoroughfares.
Four distinct tenant spaces, diversifying risk and providing superb tenant mix potential.
Established neighborhood shopping corridor with deep local roots and loyal consumer base.
Excellent visibility and access: high daily traffic counts, strong drive-by exposure and commuter flow.
Located in a dense residential catchment area – with strong daytime and evening population in West Price Hill and surrounding markets.
Flexible retail zoning—ideal for food & beverage, service clients, specialty retail, wellness, or neighborhood-serving uses.
Location / Demographics:
West Price Hill and the Glenway Avenue zone represent one of Cincinnati’s most active older retail corridors—anchored by longtime small-business uses and supported by stable household incomes. The 5209 Glenway address places the asset right in the heart of that trade area. The tenant at 5209 (one of the spaces) has longstanding recognition in the community, underscoring the vitality of the location.
Investment Rationale:
With multiple tenants in place, this four-tenant building offers immediate income with potential upside through lease re-negotiations, rental repositioning, or tenant mix optimization. For an investor willing to apply an active management or light value-add strategy, there is considerable upside in improving signage, façade and ingress/egress to further enhance tenant performance and property value.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,999 SF
Building Class
C
Year Built
1959
Price
$850,560 CAD
Price Per SF
$212.69 CAD
Cap Rate
9%
NOI
$76,549 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.18 AC
Zoning
CCM
Parking
10 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
99’ on Glenway Ave
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Orville Brown
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Sebastian's
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- TBD
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Warsaw Wireless
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Orville Brown | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Sebastian's | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| TBD | Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Warsaw Wireless | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 183-0002-0701 | Total Assessment | $192,851 CAD (2025) |
| Land Assessment | $31,536 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $161,315 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
183-0002-0701
Land Assessment
$31,536 CAD (2025)
Improvements Assessment
$161,315 CAD (2025)
Total Assessment
$192,851 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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5209 Glenway Ave
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