Salon & Spa Property with
3504 Harrison Ave, Cincinnati, OH 45211
For Sale
Contact for pricing
Updated interiors and multiple work areas complement a private outdoor courtyard in a flexible commercial configuration.
Property Size1,776 SF
Price / SF$123.82
Days on Market102
Property Features for 3504 Harrison Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
updated interior finishes
multiple workspaces
abundant natural light
private outdoor courtyard/patio area
Listing Agency:
Coldwell Banker Realty | Ohio Indiana West Regional
(513) 922-9400
Listed By:
Rick Louallen · License OH #0000365995
(513) 237-1824
Source:
Moodyscre
Added: Aug 4
Changed: Nov 11
Last Checked: Nov 12 at 10:24AM
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 Coldwell Banker Realty | Ohio Indiana West Regional
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Investment Insights
Based on property information with market context.
This 1,776-square-foot commercial property is currently arranged for salon and spa operations, with an adaptable interior that includes multiple work areas. Updated finishes and abundant natural light contribute to the existing workspace, while a private outdoor courtyard or patio extends the usable area beyond the main interior.
Located at 3504 Harrison Ave in Cincinnati, Ohio, the property is positioned within Harrison’s business district. The configuration is identified as suitable for retail, office, wellness, professional service, and specialty business applications, providing flexibility for an operator seeking a finished commercial setting.
Located at 3504 Harrison Ave in Cincinnati, Ohio, the property is positioned within Harrison’s business district. The configuration is identified as suitable for retail, office, wellness, professional service, and specialty business applications, providing flexibility for an operator seeking a finished commercial setting.
Key Highlights
- 1,776‑square‑foot commercial property
- Currently configured for salon and spa operations
- Updated interior finishes with multiple work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,230
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,600
$364.6K
Cap Rate 7%
$260,429
$260.4K
Cap Rate 9%
$202,556
$202.6K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$27.7K $15.60/SF
− Vacancy
−$1.7K −$0.94/SF
EGI
$26.0K $14.66/SF
− OpEx
−$7.8K −$4.40/SF
NOI
$18.2K $10.26/SF
Area
ZIP 45211
Vacancy
6.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,600
Cap Rate 7%
$260,429
Cap Rate 9%
$202,556
Alternative Uses
Best Use
Retail
$260.4K
$227.9K – $303.8K
NOI $18,230 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.0K
$308.9K – $411.9K
NOI $24,713 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Under-served
Demand for This Use
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Cincinnati, OH
Similar Off Market Nearby
- The Pain Relief & Healing Center — 3347 Harrison Ave, Cheviot, OH 45211
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Updated interiors and multiple work areas complement a private outdoor courtyard in a flexible commercial configuration.
Where is this spa & wellness property located?
The property is located at 3504 Harrison Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,776‑square‑foot commercial property; Currently configured for salon and spa operations; Updated interior finishes with multiple work areas
