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Mixed-Use Development Site

5545 Madison Road Cincinnati, OH 45227

5545 Madison Road, Cincinnati, OH, 45227
$1,150,000
For Sale
$1,150,000

COMMERCIAL - Cincinnati, OH

Property Size5,425 SF
Lot Size0.79 Acres
Price / SF$211.98
Days on Market25

Property Features for 5545 Madison Road

General Information

Property type
Commercial Sale
Property subtype
Other
Exterior features
Part Fenced, Outside Storage, Sidewalks, Lights
Fencing
Fenced
Standard status
Active
APN
036-0001-0212-90
Size
5,425 SF
Lot size
0.79 Acres

Utilities

Heating system
Forced Air, Natural Gas

Building Details

Year built
1900
Flooring type
Wood
Building materials
Brick, Wood Siding
Roof type
Slate
Additional Structures
Storage
Listing Agency ERA REAL Solutions Realty, LLC
8404 Beechmont Ave, West Chester, OH
Listed by Meg Perez
Added: Jun 23 Checked: Jul 17 at 11:06 pm
MLS# 1882350

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.

Mixed-use development opportunity consisting of three parcels totaling 0.786 acres. The sale includes 5545 Madison Road, 5539 Madison Road, and 4921 Stewart Ave, offering an existing portfolio of improvements alongside redevelopment optionality under zoning T4N.SF.

5545 is an 11-room Victorian-style home with finishes that is currently used commercially. 5539 is a 1,700-square-foot building currently used as a film studio, and 4921 is a spacious newer garage. The offering also includes tons of off-street parking.

Located in Madisonville near the newest residential and business district, this site supports owner-occupant use with leasable space, building additions/leasing, or new residential development, subject to applicable approvals.

Key Highlights

  • 3‑parcel property in Madisonville totaling almost 1 acre, listed together as 5545 & 5539 Madison Rd and 4921 Stewart Ave
  • Zoned T4N.SF for residential and mixed‑use development, supporting walkable neighborhood plans
  • 5545 Madison Rd: 11‑room Victorian‑style home currently used commercially

Local Financial Insights For Office B

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 $112.0k $20.64
− Vacancy −$25.6k −$4.73
EGI $86.3k $15.91
− OpEx −$21.6k −$3.98
NOI $64.7k $11.94
5,425 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$925.0K
$809.4K – $1.08M (±1% cap)
NOI $64,748 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$943.6K – $1.26M (±1% cap)
NOI $75,489 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

I & Eye Productions Film Production

Suggested Use

Law Firm Real Estate Agency Dental Office Nail Salon Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store Food Market (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Creative space - Three parcels totaling 0.786 acres zoned T4N.SF, with a commercial Victorian home, film studio building, and newer garage.
Where is this creative space located?
The property is located at 5545 Madison Road Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3‑parcel property in Madisonville totaling almost 1 acre, listed together as 5545 & 5539 Madison Rd and 4921 Stewart Ave; Zoned T4N.SF for residential and mixed‑use development, supporting walkable neighborhood plans; 5545 Madison Rd: 11‑room Victorian‑style home currently used commercially
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More about this property
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