Historic Two-Story Office
3734 Eastern Ave, Cincinnati, OH 45226
For Sale
Contact for pricing
Updated professional interiors support small businesses and professional services uses.
Property Size4,800 SF
Price / SF$225
Days on Market97
Property Features for 3734 Eastern Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Asking Price
Building Details
Year Built
Buildings
Stories
Building Size
Listing Agency:
JLL | Cincinnati
(513) 241-4600
Listed By:
Sean Mangialardo
(513) 297-2507
Source:
Moodyscre
Added: Aug 5
Changed: Nov 9
Last Checked: Nov 8 at 8:10AM
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 JLL | Cincinnati
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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 two-story office building contains 4,800 square feet and was built in 1930. The property combines historic character with a professionally designed interior and multiple updates, creating a distinctive setting for small businesses and professional services firms.
Located at 3734 Eastern Ave in Cincinnati, the building includes 15 surface parking spaces. Its position in Cincinnati’s East Corridor places the office asset within an established community setting with walkable access to area amenities.
Located at 3734 Eastern Ave in Cincinnati, the building includes 15 surface parking spaces. Its position in Cincinnati’s East Corridor places the office asset within an established community setting with walkable access to area amenities.
Key Highlights
- 4,800 SF two‑story office building
- Built in 1930 with historic character
- 15 surface parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,288
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,145,760
$1.1M
Cap Rate 7%
$818,400
$818.4K
Cap Rate 9%
$636,533
$636.5K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$99.1K $20.64/SF
− Vacancy
−$22.7K −$4.73/SF
EGI
$76.4K $15.91/SF
− OpEx
−$19.1K −$3.98/SF
NOI
$57.3K $11.94/SF
Area
Cincinnati, OH
Vacancy
22.90%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,145,760
Cap Rate 7%
$818,400
Cap Rate 9%
$636,533
Alternative Uses
Best Use
Office B
$818.4K
$716.1K – $954.8K
NOI $57,288 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$954.2K
$834.9K – $1.11M
NOI $66,792 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
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Business Placement
Demographics for 45226, OH
5,687
Population
3,272
Households
1.7
Avg Household Size
36
Median Age
73%
College-Educated
98%
High-School Grad
5.7 sq mi
ZIP Area
998
Density / Sq Mi
$100,320
Median Household Income
$59,639
Median Earnings
$1,244
Median Rent
$387,200
Median Home Value
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Market
Properties on Market for Office buildings in Cincinnati
Vacancy Rate% for Office in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Office building - Updated professional interiors support small businesses and professional services uses.
Where is this office building located?
The property is located at 3734 Eastern Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 4,800 SF two‑story office building; Built in 1930 with historic character; 15 surface parking spaces
