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    Renovated Restaurant and Rooftop Bar Title is generated by Realmo AI

    204 W Loveland Avenue, Loveland, OH 45140

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    Claim this Listing
    For Sale
    $1,900,000

    COMMERCIAL - Loveland, OH

    Property size:
    9,726 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $195/SF
    Added:
    Mar 4, 2026
    Days on Market:
    125
    Last Refresh:
    Jul 7 at 2:06 am

    Property Features for 204 W Loveland Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    On Street
    Security features
    Security Lighting
    Interior features
    Security Light, Elevator, Sprinkler Wet, Smoke Detector, Alarm System, Display Window
    Exterior features
    Sidewalks, Curb/Gutter, Lights
    Accessibility
    Accessible Elevator Installed
    Standard status
    Active
    APN
    20-06-02A-011B
    Size
    9,726 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating)

    Building Details

    Year built
    2018
    Flooring type
    Wood, Tile
    Building materials
    Brick
    Roof type
    Shingle, Membrane

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    Contact an agent
    Kristen Carter

    Listing agent Kristen Carter

    Listing office Keller Williams Advisors 2105 Grandin Road, Cincinnati, OH

    Listing date Mar 4, 2026

    MLS# 1870439

    Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Tano Bistro includes 7,500 sq ft of restaurant/retail space across 2 floors
    • 1,800 sq ft rooftop bar plus usable basement storage space
    • Fully equipped commercial kitchen of ~1,600 sq ft with walk‑in refrigerator/freezer
    • 100% property tax abatement through December 2030
    • Elevator and accessible elevator installed; building features sprinkler wet and alarm system
    • Built in 2018 with brick construction; heating includes forced air and heat pump

    Overview

    This fully renovated restaurant building includes approximately 7,500 square feet of restaurant/retail space across two floors, along with an approximately 1,800 square foot rooftop bar. Usable basement storage is also included. The property features a commercial kitchen of approximately 1,600 square feet and includes a walk-in refrigerator/freezer.

    Located at 204 W Loveland Avenue in Loveland, Ohio, the building benefits from a 100% property tax abatement through December 2030.

    The configuration supports restaurateurs and operators looking for an established, food-service-oriented setup with dedicated commercial kitchen space and capacity for both indoor and rooftop concepts. The seller states the current operator is prepared to lease the building for the foreseeable future, and interested parties should request the marketing details PDF for additional information and showing instructions.

    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 $204.2k $21.00
    − Vacancy −$51.7k −$5.31
    EGI $152.6k $15.69
    − OpEx −$38.1k −$3.92
    NOI $114.4k $11.77
    9,726 SF · lease $21.00/SF/yr · vacancy 25.30% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.63M
    $1.43M – $1.91M (±1% cap)
    NOI $114,429 @ 7.0% cap · market cap 6.02%
    Second Best
    Industrial
    $726.8K
    $635.9K – $847.9K (±1% cap)
    NOI $50,874 @ 7.0% cap · market cap 2.68%
    Theoretical Best
    Office A
    $1.74M
    $1.53M – $2.03M (±1% cap)
    NOI $122,057 @ 7.0% cap · market cap 6.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Loveland CPR Training Center Tano Bistro & Catering Restaurant

    Suggested Use

    Law Firm Dental Office Hair Salon Pharmacy Building Supply Accounting Firm Grocery & Convenience Store Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Clermont
    State
    Ohio
    Longitude
    -84.258787
    Latitude
    39.268169

    FAQs

    What type of property is this?
    Conventional restaurant - Renovated two-floor restaurant with commercial kitchen and rooftop bar, plus basement storage and property tax abatement through 2030.
    Where is this conventional restaurant located?
    The property is located at 204 W Loveland Avenue Loveland, OH.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Tano Bistro includes 7,500 sq ft of restaurant/retail space across 2 floors; 1,800 sq ft rooftop bar plus usable basement storage space; Fully equipped commercial kitchen of ~1,600 sq ft with walk‑in refrigerator/freezer
    More about this property
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