Retail/Office Space on Madison
2029 Madison Rd Cincinnati, OH
For Sale
Contact for pricing
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 Market399
Property Features for 2029 Madison Rd
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.07 Acres
Property subtype
RETAIL
Properties For Sale
at 2029 Madison Rd Contact us
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
Location Intelligence
Current Use
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
