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    Office Condo Suite with Lobby Title is generated by Realmo AI

    7655 Five Mile Road, Anderson Twp, OH 45230

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    For Sale
    $419,900

    COMMERCIAL - Anderson Twp, OH

    Property size:
    1,856 SF
    Lot size:
    1.66 Acres
    Price / SF:
    $226/SF
    Added:
    Jan 14, 2026
    Days on Market:
    166
    Last Refresh:
    Jun 29 at 5:06 am

    Property Features for 7655 Five Mile Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    500-0204-0103-00
    Lot size
    1.66 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air

    Building Details

    Year built
    1986
    Flooring type
    Carpet
    Building materials
    Stucco

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    Paul Kelley
    Paul Kelley

    Listing agent Paul Kelley

    Listing office RE/MAX Preferred Group 8291 Beechmont Ave, Suite A, West Chester, OH

    Listing date Jan 14, 2026

    MLS# 1866232

    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.

    HighLights

    • 1,856 SF office suite in a well‑maintained building in Anderson Twp.
    • Suite includes 8 offices plus a lobby and common area.
    • Heating includes electric heating and forced air; flooring is carpet.
    • Built in 1986; exterior uses stucco construction materials.
    • Condo fees are $796.84/month and cover exterior maintenance, insurance, and common‑area upkeep.
    • Includes access via 4 access areas and storage space: 144 SF in one storage and 100 SF in #2 storage.

    Overview

    This well-maintained office condo suite offers a functional layout with eight private offices, a lobby, and common-area space. The unit also includes dedicated storage space, including a 144 sf storage area and an additional 100 sf storage area. The building is supported by condo-managed services that cover exterior maintenance and insurance, along with common interior hallway maintenance, cleaning, painting, landscaping, snow removal, and parking lot upkeep, as well as water and sewer.

    Located at 7655 Five Mile Road in Anderson Twp, the property includes multiple access areas to the building. The condo association charges $796.84 per month in fees.

    Designed for professional tenants seeking a private, office-forward configuration, the suite’s mix of individual offices and shared lobby/common areas supports a range of day-to-day business needs. For buyers, the ownership structure combines interior suite space with defined shared responsibilities for the building exterior, common areas, and key site services, which can simplify ongoing property management.

    Local Financial Insights For Office B

    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 $38.3k $20.64
    − Vacancy −$8.8k −$4.73
    EGI $29.5k $15.91
    − OpEx −$7.4k −$3.98
    NOI $22.2k $11.94
    1,856 SF · lease $20.64/SF/yr · vacancy 22.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $316.5K
    $276.9K – $369.2K (±1% cap)
    NOI $22,152 @ 7.0% cap · market cap 5.28%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $368.9K
    $322.8K – $430.4K (±1% cap)
    NOI $25,826 @ 7.0% cap · market cap 6.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elizabeth Osterday Strange Dental Office Kelley Kirwan Pediatrician Ronald Poulos Dental Office Roger Giesel Pediatrician Teresa Zeiser Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson Twp
    County
    Clermont
    State
    Ohio
    Longitude
    -84.3515325
    Latitude
    39.0707466

    FAQs

    What type of property is this?
    Office units - Well-maintained office suite with eight offices, lobby, and shared common areas plus multiple building access points.
    Where is this office units located?
    The property is located at 7655 Five Mile Road Anderson Twp, OH.
    What is the asking price?
    The asking price for this property is $419,900.
    What are key features of this property?
    This property features: 1,856 SF office suite in a well‑maintained building in Anderson Twp.; Suite includes 8 offices plus a lobby and common area.; Heating includes electric heating and forced air; flooring is carpet.
    More about this property
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