Auto Garage in College
For Sale
$499,900
5757 Hamilton Avenue, Cincinnati, OH 45224
COMMERCIAL - Cincinnati, OH
Property Size1,218 SF
Lot Size0.26 Acres
Price / SF$410.43
Days on Market113
Property Features for 5757 Hamilton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Ronald Regan to south on Hamilton Ave to property on the right
Subdivision
Hamilton-W06
Standard status
Active
APN
234-0001-0081-00
Size
1,218 SF
Lot size
0.26 Acres
Utilities
Heating system
Forced Air
Building Details
Year built
1960
Flooring type
Concrete
Building materials
Block, Brick
Roof type
Membrane
Listing Agency:
Keller Williams Advisors · Keller Williams Realty
(513) 766-9200
Listed By:
Angela Quebman
(513) 766-9200
Added: Apr 10
Changed: May 30
Last Checked: Jul 31 at 6:06PM
MLS# 1874939
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 commercial property, currently operating as a two-bay auto garage, is situated on a corner lot in the heart of the College Hill redevelopment area. The property has four entrances off Hamilton Avenue and Llanfair. The listing includes the auto shop only. The seller is willing to sell an additional 5820 square foot retail building/apartment, which could be redesigned. The retail building has a new roof and rooftop terrace. The property size is 1218 square feet, and the lot size is 0.257 acres.
Key Highlights
- Prime corner location in the heart of the College Hill redevelopment
- Currently operating as a 2‑bay auto garage with 4 total entrances
- Opportunity to purchase an additional 5820 sq ft retail building/apartment
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 | $21.9k | $18.00 |
| − Vacancy | −$1.9k | −$1.53 |
| EGI | $20.1k | $16.47 |
| − OpEx | −$6.0k | −$4.94 |
| NOI | $14.0k | $11.53 |
1,218 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$200.6K
$175.5K – $234.0K
NOI $14,042 @ 7.0% cap · market cap 2.81%
Second Best
Industrial
$85.2K
$74.5K – $99.4K
NOI $5,963 @ 7.0% cap · market cap 1.19%
Theoretical Best
Office A
$242.1K
$211.9K – $282.5K
NOI $16,948 @ 7.0% cap · market cap 3.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45224, OH
20,214
Population
9,886
Households
2
Avg Household Size
45
Median Age
34%
College-Educated
92%
High-School Grad
6.1 sq mi
ZIP Area
3,314
Density / Sq Mi
$57,754
Median Household Income
$39,579
Median Earnings
$895
Median Rent
$174,400
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.
Similar Off Market Nearby
- Ryan's Service, Inc. — 1057 W North Bend Rd, Cincinnati, OH 45224
- Midtown Tire LLC — 1100 W North Bend Rd, Cincinnati, OH 45224
- D & G Automotive — 5757 Hamilton Ave, Cincinnati, OH 45224
- Reed's Complete Auto repair — 1055 Grayview Ct, Cincinnati, OH 45224
Frequently Asked Questions
What type of property is this?
Auto shop - Two-bay auto garage in Cincinnati's College Hill redevelopment area.
Where is this auto shop located?
The property is located at 5757 Hamilton Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Prime corner location in the heart of the College Hill redevelopment; Currently operating as a 2‑bay auto garage with 4 total entrances; Opportunity to purchase an additional 5820 sq ft retail building/apartment
