Restaurant with Pick-Up
For Sale
Contact for pricing
4727 Vine St, Cincinnati, OH 45217
Restaurant offering up to 103 seats, a hood system, walk-in coolers, and a pick-up window with 25 parking spaces.
Property Size3,080 SF
Price / SF$193.18
Days on Market48
Property Features for 4727 Vine St
General Information
Standard status
Active
Size
3,080 SF
Property subtype
RETAIL
Listing Agency:
Cushman & Wakefield | Cincinnati
(513) 421-4884
Listed By:
Rob Murphy
(513) 807-5840
Source:
Moodyscre
Added: Jul 27
Changed: Aug 11
Last Checked: Sep 11 at 8:28AM
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 Cushman & Wakefield | Cincinnati
Investment Insights
Based on property information with market context.
This restaurant includes a 3,080 SF main level plus a 3,000 SF basement. The space is equipped with a hood system, walk-in coolers on the lower level, and some equipment. Seating is available for up to 103 people, and there is a pick-up window designed to support off-counter service.
The property also features a pylon sign and provides access points from Vine Street and Phillips Ave. Parking is available with 25 spaces to support restaurant operations.
The layout includes both dining and kitchen support components, with basement-level refrigeration and related back-of-house infrastructure included with the sale.
The property also features a pylon sign and provides access points from Vine Street and Phillips Ave. Parking is available with 25 spaces to support restaurant operations.
The layout includes both dining and kitchen support components, with basement-level refrigeration and related back-of-house infrastructure included with the sale.
Key Highlights
- Restaurant space totals 3,080 SF plus a 3,000 SF basement
- Restaurant includes a hood system and walk‑in coolers on the lower level
- Seating for up to 103 people
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,247
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$824,940
$824.9K
Cap Rate 7%
$589,243
$589.2K
Cap Rate 9%
$458,300
$458.3K
Market Conditions
NOI Build-Up for 3,080 SF
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.
Gross rent
$59.1K $19.20/SF
− Vacancy
−$4.1K −$1.34/SF
EGI
$55.0K $17.86/SF
− OpEx
−$13.7K −$4.46/SF
NOI
$41.2K $13.39/SF
Area
Cincinnati, OH
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$824,940
Cap Rate 7%
$589,243
Cap Rate 9%
$458,300
Alternative Uses
Best Use
Specialty Retail
$589.2K
$515.6K – $687.5K
NOI $41,247 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$612.3K
$535.7K – $714.3K
NOI $42,858 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45217, OH
6,177
Population
2,852
Households
2.2
Avg Household Size
39
Median Age
34%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
2,808
Density / Sq Mi
$67,974
Median Household Income
$45,789
Median Earnings
$923
Median Rent
$149,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Restaurant offering up to 103 seats, a hood system, walk-in coolers, and a pick-up window with 25 parking spaces.
Where is this conventional restaurant located?
The property is located at 4727 Vine St Cincinnati, OH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Restaurant space totals 3,080 SF plus a 3,000 SF basement; Restaurant includes a hood system and walk‑in coolers on the lower level; Seating for up to 103 people
