Restaurant Building with Dock
For Sale
Contact for pricing
1620 Vine St, Cincinnati, OH 45202
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 Market240
Property Features for 1620 Vine St
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.09 Acres
Property subtype
OFFICE
Zoning
CC-P-T
Additional Details
Dock-High Doors
1
Commercial Hood
Yes
Building Details
Year Built
1940
Stories
1
Construction
block construction
Listing Agency:
CBRE | Cincinnati
(513) 369-1311
Listed By:
John Schenk
(513) 369-1344
Source:
Moodyscre
Added: Feb 25
Changed: Oct 2
Last Checked: Oct 20 at 11:22PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,141
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,820
$642.8K
Cap Rate 7%
$459,157
$459.2K
Cap Rate 9%
$357,122
$357.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$46.1K $19.20/SF
− Vacancy
−$3.2K −$1.34/SF
EGI
$42.9K $17.86/SF
− OpEx
−$10.7K −$4.46/SF
NOI
$32.1K $13.39/SF
Area
Cincinnati, OH
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,820
Cap Rate 7%
$459,157
Cap Rate 9%
$357,122
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 authorities.
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Current Use
Lease Details
1
Dock-high doors
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
3,970
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
Vacancy Rate% for Retail in Cincinnati, OH
Frequently Asked Questions
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
