Single-Story Office
3590 Pleasant Avenue Hamilton, OH 45015
For Sale
$390,000
COMMERCIAL - Hamilton, OH
Property Size1,247 SF
Lot Size0.74 Acres
Price / SF$312.75
Days on Market329
Property Features for 3590 Pleasant Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Sidewalks
Standard status
Active
APN
P6462012000197
Size
1,247 SF
Lot size
0.74 Acres
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
1965
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Built-Up
Listing Agency:
OwnerLand Realty, Inc.
(513) 896-1200
Listed By:
Charles Shafer
(513) 479-1324
Added: Sep 4, 2025
Changed: Jul 17
Last Checked: Jul 29 at 6:06AM
MLS# 1854454
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.
Investment Insights
Based on property information with market context.
This single-story commercial office building is offered in great condition and totals 1,247 square feet. The interior includes a reception/office area and a large open central area, with smaller individual rooms surrounding the central space for added privacy and flexible use.
The property sits on an approximately 0.7352-acre corner lot that is appraised as traffic-signal and provides room for expansion if needed. Located at 3590 Pleasant Avenue in Hamilton, Ohio (Butler County), it’s positioned for straightforward access and visibility for day-to-day operations.
The current layout supports a mix of front-office and workroom needs, with multiple smaller rooms arranged around the central open area.
The property sits on an approximately 0.7352-acre corner lot that is appraised as traffic-signal and provides room for expansion if needed. Located at 3590 Pleasant Avenue in Hamilton, Ohio (Butler County), it’s positioned for straightforward access and visibility for day-to-day operations.
The current layout supports a mix of front-office and workroom needs, with multiple smaller rooms arranged around the central open area.
Key Highlights
- 1247 SF commercial building with a reception/office area and large open central area
- Interior layout includes smaller individual rooms for added privacy
- 3/4‑acre traffic‑signaled corner lot with space for expansion
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.6k | $20.52 |
| − Vacancy | −$6.7k | −$5.34 |
| EGI | $18.9k | $15.18 |
| − OpEx | −$4.7k | −$3.80 |
| NOI | $14.2k | $11.39 |
1,247 SF · lease $20.52/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$202.9K
$177.5K – $236.7K
NOI $14,202 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$246.6K
$215.7K – $287.7K
NOI $17,259 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building on a traffic-signal corner lot with reception/office and a central open area.
Where is this office building located?
The property is located at 3590 Pleasant Avenue Hamilton, OH.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1247 SF commercial building with a reception/office area and large open central area; Interior layout includes smaller individual rooms for added privacy; 3/4‑acre traffic‑signaled corner lot with space for expansion
