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    Available Flex Space in Cincinnati Title is generated by Realmo AI

    59 E Main St, Cincinnati, OH

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    8,736 SF flex space available for sale.

    Type:INDUSTRIAL
    Property size:
    8,736 SF
    Lot size:
    1.33 Acres
    Price / SF:
    $100/SF
    Added:
    Apr 21, 2025
    Days on Market:
    435
    Last Refresh:
    May 20 at 9:24 pm

    Property Features for 59 E Main St

    General Information

    Standard status
    Active
    Size
    8,736 SF
    Lot size
    1.33 Acres
    Property subtype
    INDUSTRIAL

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    Chuck Ackerman, SIOR, CCIM

    Listing office Colliers | Cincinnati

    Listing date Apr 21, 2025

    Source Moodyscre

    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 Colliers | Cincinnati

    HighLights

    • 8,736 SF Available
    • 5,636 SF Lower Level
    • 3,100 SF Upper Level

    Overview

    An 8,736 square foot flex space property is available for sale. The property includes 3,100 square feet on the upper level and 5,636 square feet on the lower level.

    Local Financial Insights For Flex RnD

    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 $125.8k $14.40
    − Vacancy −$8.8k −$1.01
    EGI $117.0k $13.39
    − OpEx −$40.9k −$4.69
    NOI $76.0k $8.70
    8,736 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.09M
    $950.6K – $1.27M (±1% cap)
    NOI $76,045 @ 7.0% cap · market cap 8.69%
    Second Best
    Industrial
    $611.0K
    $534.6K – $712.8K (±1% cap)
    NOI $42,767 @ 7.0% cap · market cap 4.89%
    Theoretical Best
    Office A
    $1.74M
    $1.52M – $2.03M (±1% cap)
    NOI $121,562 @ 7.0% cap · market cap 13.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

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

    Similar Places Nearby

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    • Online Hiring Center — 312 Walnut St, Cincinnati, OH 45202
    • Magic Spoon — 1719 Elm St, Cincinnati, OH 45202
    • Sisters & Spirits Mobile Bar Services — Cincinnati, OH 45202

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.697
    Latitude
    39.1257

    FAQs

    What type of property is this?
    Flex space - 8,736 SF flex space available for sale.
    Where is this flex space located?
    The property is located at 59 E Main St Cincinnati, OH.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 8,736 SF Available; 5,636 SF Lower Level; 3,100 SF Upper Level
    (513) 708-8417 Call to check price and availability
    More about this property
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