Conventional Restaurant with Live Music
3456 River Road, Cincinnati, OH 45204
For Sale
Contact for pricing
Food Service-zoned hospitality property with a commercial kitchen, bar service, private event room, and entertainment infrastructure.
Property Size8,300 SF
Lot Size1.68 Acres
Days on Market110
Property Features for 3456 River Road
General Information
Standard status
Size
Class
Total Parking Spaces
Lot size
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Net Operating Income
Site & Location
Neighborhood
Traffic Count
Road Access
Additional Details
Business Included
Liquor License
Amenities
18-tap bar
dedicated live music stage and sound setup
private party room
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Dwyer Commercial Real Estate
Listed By:
John Dwyer · License OH BRKP.0000209660
(513) 784-1776
Source:
Crexi
Added: Jul 27
Changed: Nov 2
Last Checked: Nov 12 at 7:36AM
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 Dwyer Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This established conventional restaurant property combines food-service improvements with bar and entertainment components. The operation includes a full commercial kitchen, an 18-tap bar, a dedicated live music stage with sound equipment, and a private party room designed for groups of up to 60 guests. The property also includes a liquor license and recent HVAC upgrades.
The 1.68±-acre site has direct River Road frontage and 120+ striped on-site parking spaces. River Road carries approximately 25,000 vehicles per day, while the property is located in Cincinnati near Downtown, Western Hills, Price Hill, and Northern Kentucky. Built in 1884, the property is zoned Food Service and includes both the real estate and business operations.
The 1.68±-acre site has direct River Road frontage and 120+ striped on-site parking spaces. River Road carries approximately 25,000 vehicles per day, while the property is located in Cincinnati near Downtown, Western Hills, Price Hill, and Northern Kentucky. Built in 1884, the property is zoned Food Service and includes both the real estate and business operations.
Key Highlights
- 1.68±-acre site with direct River Road frontage
- 120+ striped on‑site parking spaces
- Full commercial kitchen and 18‑tap bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,154
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,223,080
$2.2M
Cap Rate 7%
$1,587,914
$1.6M
Cap Rate 9%
$1,235,044
$1.2M
Market Conditions
NOI Build-Up for 8,300 SF
Gross rent
$159.4K $19.20/SF
− Vacancy
−$11.2K −$1.34/SF
EGI
$148.2K $17.86/SF
− OpEx
−$37.1K −$4.46/SF
NOI
$111.2K $13.39/SF
Area
Cincinnati, OH
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,223,080
Cap Rate 7%
$1,587,914
Cap Rate 9%
$1,235,044
Alternative Uses
Best Use
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,154 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,495 @ 7.0% cap
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
Lease Details
25,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45204, OH
5,818
Population
3,709
Households
1.6
Avg Household Size
33
Median Age
21%
College-Educated
79%
High-School Grad
3.1 sq mi
ZIP Area
1,877
Density / Sq Mi
$30,579
Median Household Income
$26,178
Median Earnings
$771
Median Rent
$93,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Conventional restaurants in Cincinnati
Vacancy Rate% for Retail in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food Service-zoned hospitality property with a commercial kitchen, bar service, private event room, and entertainment infrastructure.
Where is this conventional restaurant located?
The property is located at 3456 River Road Cincinnati, OH.
What are key features of this property?
This property features: 1.68±-acre site with direct River Road frontage; 120+ striped on‑site parking spaces; Full commercial kitchen and 18‑tap bar
