Historic Mixed-Use Glendale
11 Village Square Cincinnati, OH 45246
For Sale
Contact for pricing
Mixed-use investment opportunity in Glendale, Ohio's historic landmark district.
Property Size14,895 SF
Price / SF$100.37
Days on Market168
Property Features for 11 Village Square
General Information
Standard status
Active
Size
14,895 SF
Property subtype
Mixed Use, Multifamily
Building Details
Year Built
1900
Listing Agency:
Ownerland Realty
Listed By:
Priyanshu Adathakkar · License #OH 2013002753
Source:
Crexi
Added: Feb 11
Changed: Jul 6
Last Checked: Jul 29 at 5:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ownerland Realty
Investment Insights
Based on property information with market context.
This mixed-use commercial package features two adjacent brick buildings located on Village Square in Glendale, Ohio, a designated National Historic Landmark and one of Ohio's earliest planned communities. The properties offer a significant investment opportunity in the vibrant heart of this historic village.
Key Highlights
- National Historic Landmark Portfolio: Own a piece of Glendale's history.
- Prime Location: Situated directly on Village Square, the heart of the community.
- Mixed‑Use Commercial Package: Offers diverse income potential.
Financial Insights For Apartment 5plus
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 | $212.7k | $14.28 |
| − Vacancy | −$11.5k | −$0.77 |
| EGI | $201.2k | $13.51 |
| − OpEx | −$90.5k | −$6.08 |
| NOI | $110.7k | $7.43 |
14,895 SF · lease $14.28/SF/yr · vacancy 5.40% · expense 45.00%
Alternative Uses
Best Use
Mixed Use
$2.59M
$2.26M – $3.02M
NOI $180,974 @ 7.0% cap · market cap 12.11%
Second Best
Apartment 5plus
$1.58M
$1.38M – $1.84M
NOI $110,668 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,264 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use investment opportunity in Glendale, Ohio's historic landmark district.
Where is this mixed-use property located?
The property is located at 11 Village Square Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: National Historic Landmark Portfolio: Own a piece of Glendale's history.; Prime Location: Situated directly on Village Square, the heart of the community.; Mixed‑Use Commercial Package: Offers diverse income potential.
