15 W 6th St Cincinnati, OH 45202

Listing agency Northgate Real Estate Group g***@northgatereg.com Show Phone

Listed by Greg Corbin · License #40CO1129253

Source Crexi

Added: Apr 11 Updated: Jul 22 at 6:46PM Checked: Jul 22 at 6:46PM

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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.

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)

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FAQs

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)