Office Building with Vaulted
3425 Harrison Ave, Cheviot, OH 45211
For Sale
$1,440,000
Multi-level layout includes on-site parking, a lower-level garage, and an unfinished upper floor.
Property Size9,929 SF
Lot Size0.38 Acres
Price / SF$145.03
Days on Market25
Property Features for 3425 Harrison Ave
General Information
Standard status
Size
Total Parking Spaces
Elevators
Lot size
Taxes and HOA fees
Annual Taxes
Amenities
high ceilings
vaulted wood ceilings
storage rooms
garage access
vehicle-wash area
Building Details
Buildings
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Kim McGinnis
(513) 544-1915
Source:
Exprealty
Added: Oct 16
Changed: Nov 6
Last Checked: Nov 8 at 8:19AM
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 eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office property at 3425 Harrison Avenue in Cheviot contains 9,929 square feet on 0.384 acres. Its multi-level interior includes large rooms, high ceilings, several restrooms, and an elevator. The unfinished upper-level area features vaulted wood ceilings reaching approximately 25 feet. Below, storage rooms connect with garage access and a vehicle-wash area. The exterior has been freshly painted, and approximately 24 parking spaces are on site.
The property is in Cheviot’s DORA District, near Westwood restaurants, breweries, shops, and business activity. Potential commercial concepts cited for the building include professional offices, wellness, creative studios, and specialty retail; any use remains subject to zoning and approvals.
The property is in Cheviot’s DORA District, near Westwood restaurants, breweries, shops, and business activity. Potential commercial concepts cited for the building include professional offices, wellness, creative studios, and specialty retail; any use remains subject to zoning and approvals.
Key Highlights
- 9,929 sq. ft. building on 0.384 acres
- Approximately 24 on‑site parking spaces
- Unfinished upper‑level area with vaulted wood ceilings approximately 25 feet high
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,735
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,354,700
$2.4M
Cap Rate 7%
$1,681,929
$1.7M
Cap Rate 9%
$1,308,167
$1.3M
Market Conditions
NOI Build-Up for 9,929 SF
Gross rent
$204.9K $20.64/SF
− Vacancy
−$48.0K −$4.83/SF
EGI
$157.0K $15.81/SF
− OpEx
−$39.2K −$3.95/SF
NOI
$117.7K $11.86/SF
Area
ZIP 45211
Vacancy
23.40%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,354,700
Cap Rate 7%
$1,681,929
Cap Rate 9%
$1,308,167
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,735 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,162 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Explore this area
Business Placement
Demographics for 45211, OH
37,868
Population
17,169
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
4,208
Density / Sq Mi
$54,582
Median Household Income
$39,788
Median Earnings
$915
Median Rent
$156,600
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Hamilton County, OH
Properties on Market for Office buildings in Hamilton County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Multi-level layout includes on-site parking, a lower-level garage, and an unfinished upper floor.
Where is this office building located?
The property is located at 3425 Harrison Ave Cheviot, OH.
What is the asking price?
The asking price for this property is $1,440,000.
What are key features of this property?
This property features: 9,929 sq. ft. building on 0.384 acres; Approximately 24 on‑site parking spaces; Unfinished upper‑level area with vaulted wood ceilings approximately 25 feet high
