Two-Bay Auto
For Sale
$499,900
5757 Hamilton Avenue, Cincinnati, OH 45224
Commercial Sale, Cincinnati, OH
Property Size1,218 SF
Lot Size0.26 Acres
Price / SF$410.43
Days on Market185
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
(812) 498-2379
Added: Apr 10
Changed: Oct 3
Last Checked: Oct 11 at 3:06AM
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 1,218-square-foot automotive building is configured as a two-bay garage on a 0.257-acre parcel. The 1960 structure uses block and brick construction, with concrete flooring, forced-air heating, and a membrane roof. Four entrances provide access from Hamilton Avenue and Llanfair Avenue.
The property is located at 5757 Hamilton Avenue in Cincinnati’s College Hill area. The sale includes the auto shop only. A separate 5,820-square-foot retail building with an apartment, new roof, and rooftop terrace is also available from the seller for an additional transaction.
The property is located at 5757 Hamilton Avenue in Cincinnati’s College Hill area. The sale includes the auto shop only. A separate 5,820-square-foot retail building with an apartment, new roof, and rooftop terrace is also available from the seller for an additional transaction.
Key Highlights
- Two‑bay auto garage measuring 1,218 square feet
- 0.257‑acre parcel at 5757 Hamilton Avenue
- Four entrances from Hamilton Avenue and Llanfair Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,042
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,840
$280.8K
Cap Rate 7%
$200,600
$200.6K
Cap Rate 9%
$156,022
$156.0K
Market Conditions
NOI Build-Up for 1,218 SF
Gross rent
$21.9K $18.00/SF
− Vacancy
−$1.9K −$1.53/SF
EGI
$20.1K $16.47/SF
− OpEx
−$6.0K −$4.94/SF
NOI
$14.0K $11.53/SF
Area
Cincinnati, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,840
Cap Rate 7%
$200,600
Cap Rate 9%
$156,022
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
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Current Use
Lease Details
2
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
444
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Cincinnati, OH
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Similar Off Market Nearby
- Reed's Complete Auto repair — 1055 Grayview Ct, Cincinnati, OH 45224
- D & G Automotive — 5757 Hamilton Ave, Cincinnati, OH 45224
- Ryan's Service, Inc. — 1057 W North Bend Rd, Cincinnati, OH 45224
- Midtown Tire LLC — 1100 W North Bend Rd, Cincinnati, OH 45224
Frequently Asked Questions
What type of property is this?
Auto shop - Operating automotive building with multiple access points, concrete flooring, and forced-air heating.
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: Two‑bay auto garage measuring 1,218 square feet; 0.257‑acre parcel at 5757 Hamilton Avenue; Four entrances from Hamilton Avenue and Llanfair Avenue
