Historic Storefront
New
For Sale
Contact for pricing
422 W McMicken Ave, Cincinnati, OH 45214
Redevelopment-ready shell with off-street parking, historic designation, and access to bus and streetcar stops.
Property Size2,476 SF
Price / SF$131.22
Days on Market6
Property Features for 422 W McMicken Ave
General Information
Standard status
Active
Size
2,476 SF
Property subtype
RETAIL
Listing Agency:
J. A. Trautmann Realtors
(513) 315-8629
Listed By:
Ben Trautmann
(513) 315-8629
Source:
Moodyscre
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 5 at 6:42AM
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 J. A. Trautmann Realtors
Investment Insights
Based on property information with market context.
Located at 422 W McMicken Ave in Cincinnati, Ohio, this 2476-square-foot storefront property is configured as a shell ready for redevelopment. The building carries a historic designation, with tax credits and abatements identified for the property.
The site includes off-street parking on an additional 18' x 100' area. Its setting is walkable to abundant amenities and close to bus and streetcar stops. The property is situated in Cincinnati’s OTR neighborhood.
The site includes off-street parking on an additional 18' x 100' area. Its setting is walkable to abundant amenities and close to bus and streetcar stops. The property is situated in Cincinnati’s OTR neighborhood.
Key Highlights
- 2476‑square‑foot storefront property
- Shell ready for redevelopment
- Historic designation with tax credits and abatements
Financial Insights For 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 | $44.6k | $18.00 |
| − Vacancy | −$3.8k | −$1.53 |
| EGI | $40.8k | $16.47 |
| − OpEx | −$12.2k | −$4.94 |
| NOI | $28.5k | $11.53 |
2,476 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$407.8K
$356.8K – $475.8K
NOI $28,546 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$492.2K
$430.7K – $574.2K
NOI $34,454 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45214, OH
8,901
Population
5,028
Households
1.8
Avg Household Size
32
Median Age
23%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,297
Density / Sq Mi
$26,348
Median Household Income
$27,243
Median Earnings
$762
Median Rent
$102,000
Median Home Value
Market
Vacancy Rate% for Retail in Cincinnati, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Redevelopment-ready shell with off-street parking, historic designation, and access to bus and streetcar stops.
Where is this storefront property located?
The property is located at 422 W McMicken Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2476‑square‑foot storefront property; Shell ready for redevelopment; Historic designation with tax credits and abatements
