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801 Evans St
Cincinnati, OH 45204
Edwin H. Building · Office Property For Sale
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.
Property Facts Under Contract
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
$1,264,893 CAD
Price Per SF
$79.06 CAD
Percent Leased
83%
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
Property Taxes
| Parcel Number | 149-0014-0125 | Improvements Assessment | $102,985 CAD |
| Land Assessment | $10,711 CAD | Total Assessment | $113,696 CAD |
Property Taxes
Parcel Number
149-0014-0125
Land Assessment
$10,711 CAD
Improvements Assessment
$102,985 CAD
Total Assessment
$113,696 CAD
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