Madisonville Mixed-Use Investment
For Sale
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6756-6758 Bramble Ave, Cincinnati, OH 45227
Mixed-use property with multiple rental spaces in high-traffic location.
Property Size2,537 SF
Price / SF$214.82
Days on Market199
Property Features for 6756-6758 Bramble Ave
General Information
Standard status
Active
Size
2,537 SF
Property subtype
Mixed Use
Occupancy
100%
Listing Agency:
Coldwell Banker Realty Cincinnati
Listed By:
Meg Perez · License #2016002909
Source:
Crexi
Added: Feb 3
Changed: Aug 14
Last Checked: Aug 20 at 6:51AM
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 Coldwell Banker Realty Cincinnati
Investment Insights
Based on property information with market context.
This mixed-use property is located in Madisonville's Eastern Biz District, offering a cash cow opportunity with multiple rental spaces. The property consists of two buildings with three commercial spaces and a large residential unit, along with a two-car garage and off-street parking. It is situated on a high traffic count corner, steps from Mariemont Square, Madison Place Coffee, and the Murray Bike/Run Trail, providing great exposure. The current use is food/commissary/kitchen/retail. The second-floor residential unit features 3 bedrooms, 1 bathroom, hardwood floors, and an urban rooftop deck. The roofs are new and newer. All units are currently occupied with month-to-month tenants. The property size is 2537 square feet. It could be suitable for owner occupancy with a business or as an investment property with 4-5 streams of income.
Key Highlights
- High‑traffic corner location in Madisonville's Eastern Biz District, steps to Mariemont Square and Murray Bike/Run Trail.
- Mixed‑use property with multiple rental spaces: 3 commercial spaces and a large residential unit.
- Potential for 4‑5 income streams, suitable for owner‑occupancy or investment.
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
$30,825
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
5.66%
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%
$616,500
$616.5K
Cap Rate 7%
$440,357
$440.4K
Cap Rate 9%
$342,500
$342.5K
Market Conditions
NOI Build-Up for 2,537 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
$54.8K $21.60/SF
− Vacancy
−$5.5K −$2.16/SF
EGI
$49.3K $19.44/SF
− OpEx
−$18.5K −$7.29/SF
NOI
$30.8K $12.15/SF
Area
Cincinnati, OH
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$616,500
Cap Rate 7%
$440,357
Cap Rate 9%
$342,500
Alternative Uses
Best Use
Mixed Use
$440.4K
$385.3K – $513.8K
NOI $30,825 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$504.3K
$441.3K – $588.4K
NOI $35,302 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Explore this area
Business Placement
Demographics for 45227, OH
18,427
Population
9,425
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
94%
High-School Grad
5.8 sq mi
ZIP Area
3,177
Density / Sq Mi
$70,614
Median Household Income
$50,011
Median Earnings
$1,220
Median Rent
$256,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with multiple rental spaces in high-traffic location.
Where is this mixed-use property located?
The property is located at 6756-6758 Bramble Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: High‑traffic corner location in Madisonville's Eastern Biz District, steps to Mariemont Square and Murray Bike/Run Trail.; Mixed‑use property with multiple rental spaces: 3 commercial spaces and a large residential unit.; Potential for 4‑5 income streams, suitable for owner‑occupancy or investment.
