Four-Story Office Building with
For Sale
Contact for pricing
630 Main Street, Cincinnati, OH 45202
Charming office building with conversion potential in Cincinnati's CBD.
Property Size68,552 SF
Price / SF$0.00
Days on Market208
Property Features for 630 Main Street
General Information
Standard status
Active
Size
68,552 SF
Property subtype
Office
Properties For Sale
at 630 Main Street
Available Space
Available
Size
17,223 SF
Type
Office
Listing Agency:
CBRE | Cincinnati
Listed By:
Chris Vollmer Jr.
(513) 369-1388
Source:
Cbre
Added: Mar 26
Changed: Oct 18
Last Checked: Oct 19 at 4:18AM
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 CBRE | Cincinnati
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Investment Insights
Based on property information with market context.
This charming four-story office building features elevator access and vaulted ceilings. The concrete frame construction offers a solid structure. Located on the streetcar line in the popular East Side of the Central Business District, the property provides an amazing signage opportunity. It is suitable for conversion or use as a corporate headquarters. The property has a size of 68552 square feet.
Key Highlights
- Prime Location: On Streetcar Line in Popular East Side of the CBD
- Conversion Possibility or Corporate Headquarters
- Elevator Access & Vaulted Ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$818,174
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,363,480
$16.4M
Cap Rate 7%
$11,688,200
$11.7M
Cap Rate 9%
$9,090,822
$9.1M
Market Conditions
NOI Build-Up for 68,552 SF
Gross rent
$1.41M $20.64/SF
− Vacancy
−$324.0K −$4.73/SF
EGI
$1.09M $15.91/SF
− OpEx
−$272.7K −$3.98/SF
NOI
$818.2K $11.94/SF
Area
Cincinnati, OH
Vacancy
22.90%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,363,480
Cap Rate 7%
$11,688,200
Cap Rate 9%
$9,090,822
Alternative Uses
Best Use
Office B
$11.69M
$10.23M – $13.64M
NOI $818,174 @ 7.0% cap · market cap 4,090,870.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.63M
$11.92M – $15.90M
NOI $953,902 @ 7.0% cap · market cap 4,769,510.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,377
Businesses Nearby
Explore this area
Business Placement
Demographics for 45202, OH
16,883
Population
11,432
Households
1.5
Avg Household Size
34
Median Age
63%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,253
Density / Sq Mi
$87,930
Median Household Income
$63,901
Median Earnings
$1,524
Median Rent
$444,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Office building - Charming office building with conversion potential in Cincinnati's CBD.
Where is this office building located?
The property is located at 630 Main Street Cincinnati, OH.
What are key features of this property?
This property features: Prime Location: On Streetcar Line in Popular East Side of the CBD; Conversion Possibility or Corporate Headquarters; Elevator Access & Vaulted Ceilings
