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Mixed-Use Corner Property
For Sale
$110,000

5700 Highland Avenue, Elmwood Place, OH 45216

Commercial Sale, Elmwood Place, OH

Property SizeContact for details
Lot Size0.06 Acres
Days on Market150

Property Features for 5700 Highland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Offsite
Exterior features Sidewalks, Lights
Directions Vine Str to W on Township Ave, Right on Highland
Subdivision Hamilton-W01
Standard status Active
APN 661-0004-0044-00
Lot size 0.06 Acres

Utilities

Heating system Forced Air, Natural Gas

Building Details

Year built 1920
Flooring type Wood, Concrete
Building materials Brick, Stone
Roof type Composition, Shingle
Listing Agency: Plum Tree Realty
Listed By: Svetlana Petrova
Added: Apr 29 Changed: Sep 15 Last Checked: Sep 25 at 1:06PM
MLS# 1877163

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 1920 mixed-use property combines an operating ground-floor retail space with a studio residential unit and two second-floor two-bedroom, one-bath units. The studio is unfinished, while both upper-level apartments have been stripped to the studs for redevelopment. The property is offered as-is, with separate meters serving each unit.

A full basement houses mechanical systems, storage, and infrastructure supporting the commercial and residential areas. The 0.061-acre corner parcel includes sidewalks and exterior lighting, with offsite parking. Brick and stone construction, wood and concrete flooring, forced-air natural-gas heating, and a composition shingle roof are among the existing building features. Beer, wine, and lottery licenses are in place for the retail operation; inventory is sold separately.

Key Highlights

  • Ground floor includes operating retail space plus a studio residential unit
  • Two second‑floor units each offer 2 bedrooms and 1 bath
  • Upper‑level apartments are stripped to the studs for redevelopment

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Pharmacy Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 45216, OH

9,667
Population
4,262
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
3,453
Density / Sq Mi
$51,602
Median Household Income
$40,333
Median Earnings
$815
Median Rent
$138,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-level retail space accompanies three residential units, including two unfinished apartments and a studio requiring renovation.
Where is this mixed-use property located?
The property is located at 5700 Highland Avenue Elmwood Place, OH.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Ground floor includes operating retail space plus a studio residential unit; Two second‑floor units each offer 2 bedrooms and 1 bath; Upper‑level apartments are stripped to the studs for redevelopment
More about this property
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