Redevelopment Mixed-Use Tower
For Sale
Contact for pricing
Pending
15 W 6th St, Cincinnati, OH 45202
Former Terrace Hotel is vacant and positioned for redevelopment into retail, office, and hotel uses.
Property SizeContact for details
Lot Size0.96 Acres
Days on Market149
Property Features for 15 W 6th St
General Information
Standard status
Pending
Lot size
0.96 Acres
Property subtype
Hospitality, Mixed Use, Office, Retail
Building Details
Year Built
1952
Stories
20
Listing Agency:
Northgate Real Estate Group
Listed By:
Greg Corbin · License #10491213060
(917) 406-0406
Source:
Crexi
Added: Apr 11
Changed: Aug 25
Last Checked: Sep 5 at 11:07AM
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 Northgate Real Estate Group
Investment Insights
Based on property information with market context.
The property is a redevelopment site anchored by the former Terrace Hotel, which has been vacant for approximately 10 years and requires an upgrade to reposition and compete in the current market. The asset is described as a 20-story building originally constructed in 1952 with office, hotel, and retail components, and it is currently planned for redevelopment into a class A mixed-use building with retail, office, and hotel components.
The site is located within the Cincinnati Central Business District, just west of Fountain Square, and one block from the route of the Cincinnati Streetcar. It is situated at 15 West 6th Street and identified on tax maps as parcels 077-0002-0250-00, 077-0002-0251-00, and 077-0002-0252-00.
According to data provided by the developer, the planned redevelopment includes ground-floor retail space totaling 32,000 gross square feet, seven floors of office space totaling 280,000 gross square feet, and 324 hotel rooms above the office space totaling 280,000 gross square feet, along with three below-grade parking levels totaling 80,000 gross/net square feet and 450 parking spaces.
The site is located within the Cincinnati Central Business District, just west of Fountain Square, and one block from the route of the Cincinnati Streetcar. It is situated at 15 West 6th Street and identified on tax maps as parcels 077-0002-0250-00, 077-0002-0251-00, and 077-0002-0252-00.
According to data provided by the developer, the planned redevelopment includes ground-floor retail space totaling 32,000 gross square feet, seven floors of office space totaling 280,000 gross square feet, and 324 hotel rooms above the office space totaling 280,000 gross square feet, along with three below-grade parking levels totaling 80,000 gross/net square feet and 450 parking spaces.
Key Highlights
- 20‑story former Terrace Hotel at 15 W 6th St in Cincinnati, OH, vacant for approximately 10 years
- Redevelopment plans for a 600,000 SF class A mixed‑use building with retail, office, and hotel components
- Planned space: 32,000 GSF ground‑floor retail (18,526 SF net rentable) plus 280,000 GSF office (218,447 SF NRS)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,746
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Cincinnati, OH
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Former Terrace Hotel is vacant and positioned for redevelopment into retail, office, and hotel uses.
Where is this mixed-use property located?
The property is located at 15 W 6th St Cincinnati, OH.
What are key features of this property?
This property features: 20‑story former Terrace Hotel at 15 W 6th St in Cincinnati, OH, vacant for approximately 10 years; Redevelopment plans for a 600,000 SF class A mixed‑use building with retail, office, and hotel components; Planned space: 32,000 GSF ground‑floor retail (18,526 SF net rentable) plus 280,000 GSF office (218,447 SF NRS)
