Retail/Office Space on Madison
For Sale
Contact for pricing
2029 Madison Rd, Cincinnati, OH
Well-appointed retail or office space with parking in prime location.
Property Size4,000 SF
Lot Size0.07 Acres
Price / SF$173.75
Days on Market401
Property Features for 2029 Madison Rd
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.07 Acres
Property subtype
RETAIL
Listing Agency:
Sibcy Cline, Realtors - Corporate Headquarters
(513) 378-5801
Listed By:
Nat Comisar · License #SAL.2006000748
(513) 378-5801
Source:
Moodyscre
Added: Jun 26, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:55AM
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 Sibcy Cline, Realtors - Corporate Headquarters
Investment Insights
Based on property information with market context.
This property offers a substantial retail or office space situated in a prime location on Madison Road. The building features approximately 3,000 square feet of space distributed across three floors, complemented by a spacious lower level. Interior features include hardwood floors and a sprinkler system. A 12-car parking lot is available. The property is suitable for either retail or office use.
Key Highlights
- Prime location on Madison Rd
- Large space: Almost 3,000 sf on 3 floors plus lower level
- 12‑car parking lot
Financial Insights For 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 | $72.0k | $18.00 |
| − Vacancy | −$6.1k | −$1.53 |
| EGI | $65.9k | $16.47 |
| − OpEx | −$19.8k | −$4.94 |
| NOI | $46.1k | $11.53 |
4,000 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$658.8K
$576.5K – $768.6K
NOI $46,116 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.1K
$695.8K – $927.7K
NOI $55,660 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,229
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
McDonald's
Dining
20,312 visits/mo
0.4 miles
Dollar General
Shops & Services
8,400 visits/mo
0.4 miles
Skyline Chili
Dining
6,142 visits/mo
0.4 miles
H&R Block
Shops & Services
2,484 visits/mo
0.2 miles
Marathon
Shops & Services
2,369 visits/mo
0.5 miles
Market
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Well-appointed retail or office space with parking in prime location.
Where is this retail space located?
The property is located at 2029 Madison Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prime location on Madison Rd; Large space: Almost 3,000 sf on 3 floors plus lower level; 12‑car parking lot
