Architecturally Unique Commercial
4 Oakwood Avenue Lebanon, OH 45036
4 Oakwood Avenue, Lebanon, OH, 45036
$235,000
Pending
For Sale
$235,000
Pending
COMMERCIAL - Lebanon, OH
Property Size2,100 SF
Lot Size0.07 Acres
Days on Market68
Property Features for 4 Oakwood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Pending
- APN
- 12064260130
- Size
- 2,100 SF
- Lot size
- 0.07 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1951
- Flooring type
- Concrete
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency
Keller Williams Advisors
(513) 227-9151
9277 Centre Pointe Dr, Cincinnati, OH
Listed by
Jeffrey Boyle
(513) 766-9200
Added: May 15 Updated: Jul 18 at 5:14 am Checked: Jul 21 at 4:06 am
MLS# 1877944
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This architecturally unique commercial building offers a flexible, open-concept layout with private offices and additional basement space. A large covered front porch adds character and curb presence, and the property includes dedicated parking for tenant and visitor convenience. The current repositioning provides an opportunity for a buyer to tailor the space to their specific concept.
Located at 4 Oakwood Avenue in Lebanon, Ohio, the property benefits from high visibility, supported by strong curb appeal and a layout that blends historic charm with modern business use.
With a listed size of 2,100 square feet on a 0.07-acre lot, the building is configured to support a variety of commercial and office-oriented uses, including restaurant, office, retail, studio, wellness, insurance, and mixed-use visions.
Located at 4 Oakwood Avenue in Lebanon, Ohio, the property benefits from high visibility, supported by strong curb appeal and a layout that blends historic charm with modern business use.
With a listed size of 2,100 square feet on a 0.07-acre lot, the building is configured to support a variety of commercial and office-oriented uses, including restaurant, office, retail, studio, wellness, insurance, and mixed-use visions.
Key Highlights
- Architecturally unique commercial building with flexible open‑concept layout and private office space
- Large covered front porch and basement space for added flexibility
- Heated with forced air natural gas; concrete flooring
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.5k | $15.00 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $29.3k | $13.95 |
| − OpEx | −$8.8k | −$4.19 |
| NOI | $20.5k | $9.76 |
2,100 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$388.2K
$339.7K – $452.9K
NOI $27,174 @ 7.0% cap · market cap 11.56%
Second Best
Retail
$293.0K
$256.3K – $341.8K
NOI $20,507 @ 7.0% cap · market cap 8.73%
Theoretical Best
Office A
$469.1K
$410.4K – $547.3K
NOI $32,835 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Flexible layout includes private offices, basement space, and dedicated parking within an architecturally unique building.
Where is this conventional restaurant located?
The property is located at 4 Oakwood Avenue Lebanon, OH.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Architecturally unique commercial building with flexible open‑concept layout and private office space; Large covered front porch and basement space for added flexibility; Heated with forced air natural gas; concrete flooring
