24 S 2nd St., Hamilton, OH 45011
Restaurant and bar layout with full bar service areas, included equipment, and multiple restrooms plus extensive basement space.
- Added:
- Jun 10, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 5:43 am
Property Features for 24 S 2nd St.
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1929
Listing agent Marilyn Combs License #OH
Listing office CENTURY 21 Thacker & Associates Inc
Listing date Jun 10, 2026
Source Crexi
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 CENTURY 21 Thacker & Associates Inc
HighLights
- Built in 1929 with a restaurant and bar layout, including full bar service areas up and down
- All bar equipment included
- Newer roof, plus fire alarm and sprinkler system
- Full basement and sub basement for added storage or usable space
- 3 restrooms, small kitchen, storage room, bonus room, and office
- Security system included and windows around the property
Overview
The property is located on a high-traffic area, which supports visibility and walk-in traffic for food and beverage concepts. With windows around the space, the interior has multiple points of natural light and street-facing presence.
For buyers or operators looking for a ready-to-run hospitality setup, the combination of two bar levels, included equipment, and multiple supporting rooms offers a straightforward starting point for ongoing service. The added basement areas and dedicated office and storage spaces can help support day-to-day operations, while the fire and sprinkler updates provide additional building systems comfort for use as a restaurant and bar.
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 | $49.5k | $15.00 |
| − Vacancy | −$3.2k | −$0.96 |
| EGI | $46.3k | $14.04 |
| − OpEx | −$11.6k | −$3.51 |
| NOI | $34.7k | $10.53 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Red's Place — 501 Ludlow St, Hamilton, OH 45011
- The Bar and Grill — 611 Pyramid Hill Blvd, Hamilton, OH 45013
- The Grub Pub — 47 Hancock Ave, Hamilton, OH 45011
- Club Car — 925 Maple Ave, Hamilton, OH 45011
- sdf — 816 n, high st, hamilton, oh 45011
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Butler
- State
- Ohio
- Longitude
- -84.561898
- Latitude
- 39.399164
