Flexible Restaurant and Retail
For Sale
Contact for pricing
Pending
3605 Harrison Avenue, Cincinnati, OH 45211
Former restaurant with a commercial kitchen, full basement, and off-street parking, suited for dining or adaptable office/retail use.
Property Size1,776 SF
Days on Market58
Property Features for 3605 Harrison Avenue
General Information
Standard status
Pending
Size
1,776 SF
Total Parking Spaces
7
Property subtype
Land
Additional Details
Business Included
Yes
Building Details
Year Built
1934
Listing Agency:
Coldwell Banker West Shell Cincinnati
Listed By:
Ron Bisher · License #0000377047
Source:
Crexi
Added: Jun 10
Changed: Jul 10
Last Checked: Jul 25 at 11:24AM
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 West Shell Cincinnati
Investment Insights
Based on property information with market context.
This property is a flexible storefront building that was formerly home to Stone’s Restaurant. The layout includes spacious dining areas, a commercial kitchen, and a full basement that can support storage needs. Off-street parking is available in an on-site lot with seven spaces. The existing configuration can support a range of uses, including restaurant or tavern operations, or conversion to office or retail, with consideration for possible multi-tenant or subdivided use.
Located at 3605 Harrison Avenue in Cincinnati, the property benefits from high visibility along Harrison Ave. Public remarks also note strong local traffic and established surrounding businesses. The offering includes two parcels, providing additional flexibility for future site and access planning.
For buyers and operators, the combination of dining-focused interior space, on-site parking, and a full basement creates a practical foundation for hospitality concepts that require kitchen and storage. The flexible layout also supports tenanting strategies beyond food service, such as professional offices or retail space, depending on desired buildout and configuration. This is a single asset that can fit multiple operating models while maintaining the core improvements already in place.
Located at 3605 Harrison Avenue in Cincinnati, the property benefits from high visibility along Harrison Ave. Public remarks also note strong local traffic and established surrounding businesses. The offering includes two parcels, providing additional flexibility for future site and access planning.
For buyers and operators, the combination of dining-focused interior space, on-site parking, and a full basement creates a practical foundation for hospitality concepts that require kitchen and storage. The flexible layout also supports tenanting strategies beyond food service, such as professional offices or retail space, depending on desired buildout and configuration. This is a single asset that can fit multiple operating models while maintaining the core improvements already in place.
Key Highlights
- Year built 1934 commercial property formerly home to Stone's Restaurant
- Includes spacious dining areas and a commercial kitchen
- Full basement for storage
Financial Insights For Specialty Retail
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 | $29.8k | $16.80 |
| − Vacancy | −$1.5k | −$0.84 |
| EGI | $28.3k | $15.96 |
| − OpEx | −$7.1k | −$3.99 |
| NOI | $21.3k | $11.97 |
1,776 SF · lease $16.80/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$303.7K
$265.7K – $354.3K
NOI $21,259 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.0K
$308.9K – $411.9K
NOI $24,713 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Under-served
Demand for This Use
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
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant with a commercial kitchen, full basement, and off-street parking, suited for dining or adaptable office/retail use.
Where is this conventional restaurant located?
The property is located at 3605 Harrison Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Year built 1934 commercial property formerly home to Stone's Restaurant; Includes spacious dining areas and a commercial kitchen; Full basement for storage
