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Brick Office Building
For Sale
$499,000

3510 Glenmore Avenue, Cheviot, OH 45211

Commercial Sale, Cheviot, OH

Property Size3,013 SF
Lot Size0.51 Acres
Price / SF$165.62
Days on Market138

Property Features for 3510 Glenmore Avenue

General Information

Property type Commercial Sale
Property subtype Office
Interior features Smoke Detector
Exterior features Sidewalks
Directions From I-74 take the Montana Ave exit. Head up the hill and Montana will run into Glenmore Ave. Take a right and the building is a few blocks away.
Subdivision Hamilton-W04
Standard status Active
APN 551-0010-0102-00
Size 3,013 SF
Lot size 0.51 Acres

Utilities

Heating system Forced Air

Building Details

Year built 1900
Flooring type Carpet
Building materials Brick
Roof type Shingle
Listing Agency: Plum Tree Realty
Listed By: Paul Klug
Added: Jun 2 Changed: Oct 7 Last Checked: Oct 17 at 3:06AM
MLS# 1881515

Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1900, this brick office property provides 3,013 square feet across two levels. The first floor includes a reception area, waiting room, three offices, a kitchenette, and a half bath. Four additional offices and two half baths occupy the second floor. A full basement and attic provide supplemental storage, while carpeted interiors, forced-air heating, smoke detectors, and a shingle roof complete the existing improvements.

The building occupies 0.505 acres at 3510 Glenmore Avenue in Cheviot, Ohio. Eighteen off-street parking spaces serve the property, with sidewalks along the site. Its prior use for medical, professional, and legal offices supports continued office-oriented occupancy.

Key Highlights

  • 3,013‑square‑foot office building constructed in 1900
  • Two‑story layout with 7 offices, reception area, waiting room, kitchenette, and 3 half baths
  • Full basement and attic provide additional storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,925
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,500 $718.5K
Cap Rate 7%
$513,214 $513.2K
Cap Rate 9%
$399,167 $399.2K
Market Conditions
NOI Build-Up for 3,013 SF
Gross rent
$65.1K $21.60/SF
− Vacancy
−$5.2K −$1.73/SF
EGI
$59.9K $19.87/SF
− OpEx
−$23.9K −$7.95/SF
NOI
$35.9K $11.92/SF
Area
ZIP 45211
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,500
Cap Rate 7%
$513,214
Cap Rate 9%
$399,167

Alternative Uses

Best Use
Healthcare Medical
$513.2K
$449.1K – $598.8K (±1% cap)
NOI $35,925 @ 7.0% cap · market cap 7.20%
Second Best
Office B
$510.4K
$446.6K – $595.5K (±1% cap)
NOI $35,727 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$598.9K
$524.1K – $698.8K (±1% cap)
NOI $41,926 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Nursing Home

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

576
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two-level professional office property with private rooms, reception space, storage, and dedicated off-street parking.
Where is this office building located?
The property is located at 3510 Glenmore Avenue Cheviot, OH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,013‑square‑foot office building constructed in 1900; Two‑story layout with 7 offices, reception area, waiting room, kitchenette, and 3 half baths; Full basement and attic provide additional storage
More about this property
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