Building Details

Building Size 5,740 SF

Year Built 1954

Listing Agency: OwnerLand Realty, Inc. o***@ownerland.com Show Phone

Listed By: Azhar Hussain Show Phone

Source: Galbraithrealtors

Added: Dec 5, 2025 Changed: Oct 23 Last Checked: Oct 23 at 3:41PM

Report an Issue

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 OwnerLand Realty, Inc.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 5,740-square-foot mixed-use property, built in 1954, combines a neighborhood grocery space with an upstairs apartment. The grocery is closed; its operational kitchen remains, along with fixtures, coolers, grocery racks, and a cash register. The apartment has been renovated and is occupied by a tenant.

The property occupies a corner location and carries Commercial zoning. Its existing combination of retail space and residential occupancy defines the current configuration.

Key Highlights

• 5,740‑square‑foot mixed‑use property with grocery space and an upstairs apartment
• Closed grocery includes an operational kitchen, coolers, racks, fixtures, and a cash register
• Renovated upstairs apartment is occupied by a tenant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,370

Cap Rate

6.96%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$487,400 $487.4K

Cap Rate 7%

$348,143 $348.1K

Cap Rate 9%

$270,778 $270.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,740 SF

Gross rent

$37.2K $6.48/SF

− Vacancy

−$2.4K −$0.41/SF

EGI

$34.8K $6.07/SF

− OpEx

−$10.4K −$1.82/SF

NOI

$24.4K $4.25/SF

Area

Butler County, OH

Vacancy

6.40%

Lease Rate

$6.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$487,400

Cap Rate 7%

$348,143

Cap Rate 9%

$270,778

Alternative Uses

Best Use

Specialty Retail

$863.5K

$755.5K – $1.01M (±1% cap)

NOI $60,442 @ 7.0% cap · market cap 17.27%

Second Best

Retail

$348.1K

$304.6K – $406.2K (±1% cap)

NOI $24,370 @ 7.0% cap · market cap 6.96%

Theoretical Best

Office A

$1.13M

$993.1K – $1.32M (±1% cap)

NOI $79,444 @ 7.0% cap · market cap 22.70%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

AJ Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

380

Businesses Nearby

Explore this area Business Placement

Demographics for 45015, OH

12,103

Population

5,146

Households

2.4

Avg Household Size

37

Median Age

11%

College-Educated

87%

High-School Grad

5.6 sq mi

ZIP Area

2,161

Density / Sq Mi

$45,543

Median Household Income

$37,660

Median Earnings

$1,041

Median Rent

$116,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

See more

Multi-Tenant Mixed-Use Building

4801 Cincinnati Brookville Rd, Hamilton, OH 45013

$250,000

2,601 SF

View details

Mixed-Use Building with Full Basement

2269 Pleasant Avenue, Hamilton, OH 45015

$400,000

View details

Mixed-Use Property With Studio

1315 Chestnut St, Hamilton, OH 45011

$1,500,000

1.50 Acres

View details

Anchor Retail Space

3743, Hamilton, OH 45013

Contact for pricing

View details

Church Facility with Parking

433 Millville Ave, Hamilton, OH 45013

$515,000

6,569 SF

View details

8-Unit Ranch Apartment Building

101 115 Race St, Hamilton, OH 45011

$649,900

4,480 SF

View details

Farmstead with Agricultural Outbuildings

Hamilton, OH 45013

$649,000

3,654 SF

View details

Updated Two-Unit Duplex

3100 Griesmer Ave, Hamilton, OH 45015

$334,900

2,105 SF

View details

Flex Building with Office Space

Hamilton, OH 45011

Contact for pricing

5,344 SF

View details

New Duplex with Lake Access

Hamilton, OH 45011

$475,000

2,088 SF

View details

Corner Office Building

3590 Pleasant Ave, Hamilton, OH 45015

$390,000

1,247 SF

View details

Turn-Key Medical Office Suite

7919-7927 Jessies Way, Hamilton, OH 45011

Contact for pricing

4,688 SF

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - An upstairs renovated apartment accompanies the closed grocery, which retains its operational kitchen and store equipment.

Where is this mixed-use property located?

The property is located at 2670 Benninghofen Avenue Hamilton, OH.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: 5,740‑square‑foot mixed‑use property with grocery space and an upstairs apartment; Closed grocery includes an operational kitchen, coolers, racks, fixtures, and a cash register; Renovated upstairs apartment is occupied by a tenant