Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Building with Private Parking Title is generated by Realmo AI

    2269 Pleasant Avenue, Hamilton, OH 45015

    View on Map
    Claim this Listing
    For Sale
    $400,000

    COMMERCIAL - Hamilton, OH

    Lot size:
    0.14 Acres
    Added:
    Mar 25, 2024
    Days on Market:
    800
    Last Refresh:
    Jun 2 at 11:06 pm

    Property Features for 2269 Pleasant Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    P6461033000065
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1934
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick
    Roof type
    Rolled Hot Mop

    We can help!

    Listing Contact
    Hung Tri-Rudolf

    Listing agent Hung Tri-Rudolf

    Listing office RE/MAX Incompass 6964 Tylersville Rd, Trenton, OH

    Listing date Mar 25, 2024

    MLS# 1799939

    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

    • Brick building built in 1934 with natural gas heating
    • Rolled hot mop roof
    • Carpet and vinyl flooring
    • Currently used as a bakery and bookstore
    • Building can be closed off down the middle to create two separate business spaces
    • Full basement plus private parking behind the building with a rear entrance

    Overview

    This retail building is currently operating as a bakery and bookstore, providing an immediately usable tenant/owner setup. The interior configuration offers the ability to close the space down the middle, creating two distinct business areas that can function independently. A full basement adds substantial storage capacity, supporting inventory, supplies, and day-to-day back-of-house needs.

    The property includes private parking behind the building, along with a rear entrance that supports convenient access for staff and deliveries. A showing can be scheduled to review the layout and confirm how the space can be separated and utilized.

    For buyers and investors, the flexibility makes this an attractive option for owner-operators who want to run one side while renting the other, or for investors seeking a potential multi-tenant setup. The combination of retail storefront space, private rear parking, and basement storage supports a range of neighborhood-oriented retail and service concepts that benefit from easy access and practical backroom capacity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Heaven Sent Cafe & Coffee Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Kroger Floral Department — 1450 S Erie Blvd, Hamilton, OH 45011

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Butler
    State
    Ohio
    Longitude
    -84.557603
    Latitude
    39.374076

    Nearby Similar for Sale

    • $275,000
      1,520 SF

      Turnkey Hamilton Duplex Portfolio

      Six-unit duplex portfolio with strong income and low expenses.
      1891 Kahn Avenue, Hamilton, OH 45011
      View Details
    • $275,000
      1,520 SF

      Turnkey Hamilton Duplex Portfolio

      Six-unit duplex portfolio in Hamilton, OH with strong cash flow.
      1895 Kahn Avenue, Hamilton, OH 45011
      View Details
    • $275,000
      1,520 SF

      Turnkey Hamilton Duplex Portfolio

      Six-unit duplex portfolio with strong income and low expenses.
      1887 Kahn Avenue, Hamilton, OH 45011
      View Details
    • $235,000
      1,904 SF

      Fully Rehabbed Hamilton Duplex

      Turnkey duplex with new roof, electrical, and HVAC systems.
      1460 Parrish Avenue, Hamilton, OH 45011
      View Details
    • $390,000
      1,247 SF

      Commercial Building on Corner Lot

      1247 SF commercial building on a 0.7352 acre lot.
      3590 Pleasant Avenue, Hamilton, OH 45015
      View Details
    • $259,000
      1,278 SF

      Hamilton Grocery Store with Apartment

      Neighborhood grocery store with apartment and proven income.
      927 Vine Street, Hamilton, OH 45011
      View Details
    • $375,000
      5,740 SF

      Neighborhood Grocery Store with Apartment

      Grocery store with apartment in busy neighborhood. Fixtures included.
      2670 Benninghofen Avenue, Hamilton, OH 45015
      View Details
    • $179,900
      3,012 SF

      Multifamily Property in German Village

      Multifamily property with income potential in a prime location.
      431 N Third Street, Hamilton, OH 45011
      View Details
    • $180,000
      1,904 SF

      Hamilton Triplex with Recent Updates

      Triplex in Hamilton with updated units and strong income potential.
      1037 S Second Street, Hamilton, OH 45011
      View Details
    • $1.00
      23,802 SF

      Retail Space with Patio and Mezzanine

      Newly renovated retail opportunity with ample parking, patio seating, and glass garage door exposure near two strong anchors.
      877 NW Washington Boulevard, Hamilton, OH 45013
      View Details
    • $279,900

      Hamilton Duplex with Income Potential

      Two-unit duplex in Hamilton, ready for owner occupancy or rental.
      4391 Pleasant Avenue, Hamilton, OH 45015
      View Details
    • $1.00
      1,950 SF

      Office/Warehouse/Showroom Building For Sale

      Rehabbed office/warehouse/showroom building in Hamilton, Ohio.
      339 Buckeye Street, Hamilton, OH 45011
      View Details

    FAQs

    What type of property is this?
    Storefront property - Flexible storefront layout currently used as a bakery and bookstore, with private parking and a full basement for storage.
    Where is this storefront property located?
    The property is located at 2269 Pleasant Avenue Hamilton, OH.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Brick building built in 1934 with natural gas heating; Rolled hot mop roof; Carpet and vinyl flooring
    (513) 254-6952
    We can help!
    Listing Contact
    Hung Tri-Rudolf
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2269 Pleasant Avenue, Hamilton, OH 45015
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!