Auto Garage in College
5757 Hamilton Avenue Cincinnati, OH 45224
5757 Hamilton Avenue, Cincinnati, OH, 45224
$499,900
For Sale
$499,900
COMMERCIAL - Cincinnati, OH
Property Size1,218 SF
Lot Size0.26 Acres
Price / SF$410.43
Days on Market103
Property Features for 5757 Hamilton Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 234-0001-0081-00
- Size
- 1,218 SF
- Lot size
- 0.26 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1960
- Flooring type
- Concrete
- Building materials
- Block, Brick
- Roof type
- Membrane
Listing Agency
Keller Williams Advisors
(513) 766-9200
2105 Grandin Road, Cincinnati, OH
Listed by
Angela Quebman
(513) 766-9200
Added: Apr 10 Updated: May 30 at 5:14 am Checked: Jul 21 at 4:06 am
MLS# 1874939
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 commercial property, currently operating as a two-bay auto garage, is situated on a corner lot in the heart of the College Hill redevelopment area. The property has four entrances off Hamilton Avenue and Llanfair. The listing includes the auto shop only. The seller is willing to sell an additional 5820 square foot retail building/apartment, which could be redesigned. The retail building has a new roof and rooftop terrace. The property size is 1218 square feet, and the lot size is 0.257 acres.
Key Highlights
- Prime corner location in the heart of the College Hill redevelopment
- Currently operating as a 2‑bay auto garage with 4 total entrances
- Opportunity to purchase an additional 5820 sq ft retail building/apartment
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 | $21.9k | $18.00 |
| − Vacancy | −$1.9k | −$1.53 |
| EGI | $20.1k | $16.47 |
| − OpEx | −$6.0k | −$4.94 |
| NOI | $14.0k | $11.53 |
1,218 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$200.6K
$175.5K – $234.0K
NOI $14,042 @ 7.0% cap · market cap 2.81%
Second Best
Industrial
$85.2K
$74.5K – $99.4K
NOI $5,963 @ 7.0% cap · market cap 1.19%
Theoretical Best
Office A
$242.1K
$211.9K – $282.5K
NOI $16,948 @ 7.0% cap · market cap 3.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
D & G Automotive
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Ryan's Service, Inc. — 1057 W North Bend Rd, Cincinnati, OH 45224
- Midtown Tire LLC — 1100 W North Bend Rd, Cincinnati, OH 45224
- D & G Automotive — 5757 Hamilton Ave, Cincinnati, OH 45224
- Reed's Complete Auto repair — 1055 Grayview Ct, Cincinnati, OH 45224
FAQs
What type of property is this?
Auto shop - Two-bay auto garage in Cincinnati's College Hill redevelopment area.
Where is this auto shop located?
The property is located at 5757 Hamilton Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Prime corner location in the heart of the College Hill redevelopment; Currently operating as a 2‑bay auto garage with 4 total entrances; Opportunity to purchase an additional 5820 sq ft retail building/apartment
