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Edwin H. Building 801 Evans St 16,000 SF 85% Leased Office Building Cincinnati, OH 45204 $1,254,932 CAD ($78.43 CAD/SF)



INVESTMENT HIGHLIGHTS
- Two story office building with 8000 sqft footprint
- Less than one mile from Cincinnati Business District
- $114,700 in gross collected rents
- Parking on-site with additional off street parking
- Easy access to all major roadways/expressways and amenities
- 85% occupied w/ 2,775 sqft vacant. Cash flow day 1 with upside
EXECUTIVE SUMMARY
Property located in Queensgate, a commercial oriented neighborhood in Cincinnati, Ohio which has been dominated by industrial and commercial for most of its history. Just minuets from CBD, this 16,000 sqft office/flex space is a value-add alternative to locating downtown. Queensgate is one of the largest untapped areas for redevelopment, business development, new jobs and new housing in Cincinnati. It has been identified by the City of Cincinnati, and large developers, as a critical location for the revitalization of the I-75 corridor because of its close proximity to the downtown corridors and easy access to many amenities. This property sits with signage and frontage on 8th street viaduct and Evans St (.2 miles North of Route 50). Directly across from the Cincinnati Police Academy and adjacent to the , newly developed, Nehemiah factory. This property features interior support columns and 10' ceilings allowing for a modern, open workspace or industrial/manufacturing use. Loading dock can be installed if needed. 3-phase 480V in building. First floor is slab on grade with reinforced concrete flooring. Current Tenant will re-sign for 5 year commitment with new ownership. Currently collecting $80,000 in gross revenue.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| 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 (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
16,000 SF
Building Class
C
Year Built/Renovated
1946/1995
Price
$1,254,932 CAD
Price Per SF
$78.43 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,000 SF
Slab To Slab
10’
Building FAR
1.97
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
Office
Parking
30 Spaces (1.88 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- D & D Advertising Enterprises
- Professional, Scientific, and Technical Services
- -
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| D & D Advertising Enterprises | Professional, Scientific, and Technical Services | - | - | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 149-0014-0125 | Total Assessment | $113,078 CAD |
| Land Assessment | $10,653 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $102,425 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
149-0014-0125
Land Assessment
$10,653 CAD
Improvements Assessment
$102,425 CAD
Total Assessment
$113,078 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Edwin H. Building | 801 Evans St
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