Restaurant Building with Dock
1620 Vine St Cincinnati, OH 45202
1620 Vine St, Cincinnati, OH, 45202
Contact for pricing
For Sale
Contact for pricing
Restaurant building with in-place hood equipment, single-story layout, partial basement storage, and one dock door.
Property Size2,400 SF
Lot Size0.09 Acres
Price / SF$164.58
Days on Market148
Property Features for 1620 Vine St
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.09 Acres
- Property subtype
- OFFICE
Listing agency
CBRE | Cincinnati
(513) 369-1344
Listed by
John Schenk
(513) 369-1344
Source
Moodyscre
Added: Feb 25 Updated: Jul 22 at 5:42PM Checked: Jul 22 at 5:42PM
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 CBRE | Cincinnati
Investment Insights
Based on property information with market context.
Built in 1940, this block-constructed restaurant facility includes hood equipment in place and well-maintained mechanical systems. The property is single-story with partial basement storage and a mezzanine level, and it features one dock door for deliveries. The membrane roof is noted as part of the maintained building components.
Zoned CC-P-T, the offering totals 2,400 square feet on 0.086 acres. The previous operation is listed as a soup kitchen, and the building’s commercial kitchen infrastructure is already in place for a restaurant or food-service concept that can utilize the existing hood system.
As presented, the site includes a docked delivery configuration and dedicated kitchen equipment components, supported by the documented roof and mechanical maintenance.
Zoned CC-P-T, the offering totals 2,400 square feet on 0.086 acres. The previous operation is listed as a soup kitchen, and the building’s commercial kitchen infrastructure is already in place for a restaurant or food-service concept that can utilize the existing hood system.
As presented, the site includes a docked delivery configuration and dedicated kitchen equipment components, supported by the documented roof and mechanical maintenance.
Key Highlights
- Built in 1940 restaurant building with single‑story layout
- 2,400 SF on 0.086 acres (block construction)
- In‑place hood equipment and membrane roof
Local Financial Insights For Specialty Retail
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 | $46.1k | $19.20 |
| − Vacancy | −$3.2k | −$1.34 |
| EGI | $42.9k | $17.86 |
| − OpEx | −$10.7k | −$4.46 |
| NOI | $32.1k | $13.39 |
2,400 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$459.2K
$401.8K – $535.7K
NOI $32,141 @ 7.0% cap · market cap 8.14%
Second Best
Industrial
$167.8K
$146.9K – $195.8K
NOI $11,749 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$477.1K
$417.5K – $556.6K
NOI $33,396 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Over the Rhine Soup ...
Charitable Organization
Over the Rhine Soup ...
Food Bank
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FAQs
What type of property is this?
Commercial kitchen - Restaurant building with in-place hood equipment, single-story layout, partial basement storage, and one dock door.
Where is this commercial kitchen located?
The property is located at 1620 Vine St Cincinnati, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Built in 1940 restaurant building with single‑story layout; 2,400 SF on 0.086 acres (block construction); In‑place hood equipment and membrane roof
