Two-Level Office
1440 Main Street, Cincinnati, OH 45202
For Sale
$895,000
The property combines flexible office space with off-street parking in a pedestrian-oriented urban corridor.
Property Size5,168 SF
Price / SF$173.18
Days on Market159
Property Features for 1440 Main Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Corner Location
Public Transit
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Comey & Shepherd
(513) 241-3400
Listed By:
Brian Hubert
(513) 225-3271
Source:
Falgnerrealty
Added: Jun 4
Changed: Nov 7
Last Checked: Nov 8 at 6:02PM
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 Comey & Shepherd
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Investment Insights
Based on property information with market context.
Built in 1957, this office property contains 5,168 square feet arranged over two levels and occupies four parcels. Off-street parking is provided in two lots with capacity for 18–19 vehicles. The zoning designation is Office, Business.
The building stands at Main and Liberty in Cincinnati’s OTR district. Restaurants, nightlife, entertainment venues, and historic architecture are nearby, and the streetcar is within close proximity. Signage is available in OTR.
The building stands at Main and Liberty in Cincinnati’s OTR district. Restaurants, nightlife, entertainment venues, and historic architecture are nearby, and the streetcar is within close proximity. Signage is available in OTR.
Key Highlights
- 5,168 square feet across two levels
- Four parcels
- Two off‑street parking lots with capacity for 18–19 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,680
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,600
$1.2M
Cap Rate 7%
$881,143
$881.1K
Cap Rate 9%
$685,333
$685.3K
Market Conditions
NOI Build-Up for 5,168 SF
Gross rent
$106.7K $20.64/SF
− Vacancy
−$24.4K −$4.73/SF
EGI
$82.2K $15.91/SF
− OpEx
−$20.6K −$3.98/SF
NOI
$61.7K $11.94/SF
Area
Cincinnati, OH
Vacancy
22.90%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,600
Cap Rate 7%
$881,143
Cap Rate 9%
$685,333
Alternative Uses
Best Use
Office B
$881.1K
$771.0K – $1.03M
NOI $61,680 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$898.9K – $1.20M
NOI $71,913 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,322
Businesses Nearby
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Business Placement
Demographics for 45202, OH
16,883
Population
11,432
Households
1.5
Avg Household Size
34
Median Age
63%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,253
Density / Sq Mi
$87,930
Median Household Income
$63,901
Median Earnings
$1,524
Median Rent
$444,000
Median Home Value
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Market
Properties on Market for Office buildings in Cincinnati
Vacancy Rate% for Office in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Office building - The property combines flexible office space with off-street parking in a pedestrian-oriented urban corridor.
Where is this office building located?
The property is located at 1440 Main Street Cincinnati, OH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5,168 square feet across two levels; Four parcels; Two off‑street parking lots with capacity for 18–19 vehicles
