7609-7611 Hamilton Ave - Storefront Retail/Residential FOR SALE


Cincinnati, OH 45231
$445,000 USD
562-225-4567
7609-7611 Hamilton Ave, Cincinnati, OH for Sale
$445,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 9% Cap Rate

7609-7611 Hamilton Ave
Cincinnati, OH 45231


OVERVIEW

This is a great little passive commercial ownership opportunity in Mt. Healthy. There are two commercial tenants and two apartment rental tenants, all four of which are on lease contracts. The main tenant is the Little Dutch Bakery which has been a mainstay in the area. It has a new owner as of 2022 and it continues to attract customers from the area with its familiar bakery products. The building, built in 1954 is two stories with the Commercial customers on the first floor and the rental units on the 2 nd . Total Square feet of approximately 5,710. A New roof has been installed in the Fall of 2024. This is a great opportunity for someone wanting passive income at a CAP rate projected at 9%

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

593-0003-0139

ASK ABOUT THIS PROPERTY

Tom GottliebBerkshire Hathaway Professional Realty CommercialMore Info
562-225-4567

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Tom GottliebBerkshire Hathaway Professional Realty CommercialMore Info
562-225-4567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.