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$1 Auction – Cincinnati Adaptive Reuse 33 W 4th St 44 Pièce Hôtel Cincinnati, OH 45202 173 155 $ CAD (3 935 $ CAD/Pièce)
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- ABSOLUTE $1 AUCTION | Cincinnati Adaptive Reuse | Downtown Development Zoning | Tax Credit Eligibility | Hotel Conversion | AUCTION MAY 4-6
- Prior to undergoing a corporate restructuring, Seller had completed predevelopment with key approvals advanced, tax credits approved, and construction
- Located in a Federal Qualified Opportunity Zone and designated historic by the National Park Service, creating a compelling redevelopment
- ±42,000 SF historic downtown building positioned for adaptive reuse or other redevelopment as a 44-room boutique hotel or alternative multifamily/hosp
- Included in the Sale is all documentation related to Seller’s planned 44-key boutique hotel: full set of previously approved Construction Drawings
- Site qualifies for a host of public financing initiatives and tax credits including but not limited to: State Historic Preservation Tax Credits
Résumé de l'annonce
Marcus & Millichap is pleased to present the opportunity to acquire 33 W 4th Street, a historic ±42,000-square-foot redevelopment project in the heart of downtown Cincinnati (the “Property”). Originally planned as Carding House, a 44-room boutique hotel, the Property offers buyers the ability to capitalize on substantial predevelopment work, initial construction progress, and a layered incentive stack materially reducing the total project basis. Located near Cincinnati’s leading entertainment, convention, and business destinations, the asset is well positioned for a sponsor seeking a high-profile adaptive reuse opportunity with hospitality, multifamily, or other use creative use potential.
Downtown Cincinnati is an evolving urban core where older office buildings are increasingly being repositioned for residential, hospitality, and mixed-use, creating a compelling backdrop for adaptive reuse investment. Anchored by a walkable CBD and access to eight Fortune 500 headquarters, along with strong employment, dining, entertainment, and cultural amenities, the submarket offers compelling potential for boutique hotel or multifamily redevelopment. Nearby attractions and amenities within walking distance include “The Banks”, Great American Ball Park, Paycor Stadium, Duke Energy Convention Center, Fountain Square, Hard Rock Casino, and more. For investors, Downtown Cincinnati presents an opportunity to capitalize on the conversion of underutilized office product within one of the region’s most established urban districts.
Downtown Cincinnati is an evolving urban core where older office buildings are increasingly being repositioned for residential, hospitality, and mixed-use, creating a compelling backdrop for adaptive reuse investment. Anchored by a walkable CBD and access to eight Fortune 500 headquarters, along with strong employment, dining, entertainment, and cultural amenities, the submarket offers compelling potential for boutique hotel or multifamily redevelopment. Nearby attractions and amenities within walking distance include “The Banks”, Great American Ball Park, Paycor Stadium, Duke Energy Convention Center, Fountain Square, Hard Rock Casino, and more. For investors, Downtown Cincinnati presents an opportunity to capitalize on the conversion of underutilized office product within one of the region’s most established urban districts.
Faits sur la propriété
| Prix | 173 155 $ CAD | État de la construction | Proposé |
| Prix par chambre | 3 935 $ CAD | Taille du bâtiment | 42 000 pi² |
| Type de vente | Investissement | Nombre de pièces | 44 |
| Type de propriété | Services hôteliers | Nombre d’étages | 4 |
| Sous-type de propriété | Hôtel | Année de construction | 2029 |
| Classe d’immeuble | B | Corridor | Intérieur |
| Taille du lot | 0,24 AC | Zone de développement économique |
Oui
|
| Zonage | C | ||
| Prix | 173 155 $ CAD |
| Prix par chambre | 3 935 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | B |
| Taille du lot | 0,24 AC |
| État de la construction | Proposé |
| Taille du bâtiment | 42 000 pi² |
| Nombre de pièces | 44 |
| Nombre d’étages | 4 |
| Année de construction | 2029 |
| Corridor | Intérieur |
| Zone de développement économique |
Oui |
| Zonage | C |
Commodités
- Restaurant
- Commerce de détail sur place
- Accès Internet à haute vitesse
- Boutique/hôtel mode de vie
- Accès Wi-Fi public
- Sans fumée
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Suite | 2 | 507,00 $ CAD | - |
| Guest Room | 42 | 331,07 $ CAD | - |
1 1
Exceptionnellement praticable à pied
100/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun exceptionnels
90/100
Plutôt praticable en vélo
40/100
Impôts fonciers
| Numéro de lot | 083-0001-0039 | Évaluation des bâtiments | 51 965 $ CAD |
| Évaluation du terrain | 409 500 $ CAD | Évaluation totale | 461 465 $ CAD |
Impôts fonciers
Numéro de lot
083-0001-0039
Évaluation du terrain
409 500 $ CAD
Évaluation des bâtiments
51 965 $ CAD
Évaluation totale
461 465 $ CAD
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Présenté par
$1 Auction – Cincinnati Adaptive Reuse | 33 W 4th St
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