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Freestanding Restaurant Opportunity in Cincinnati
For Sale
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8021 Hamilton Ave, Cincinnati, OH

Turnkey restaurant/bar opportunity with fixtures, furniture, and equipment included.

Property Size2,924 SF
Lot Size0.64 Acres
Price / SF$196.65
Days on Market367

Property Features for 8021 Hamilton Ave

General Information

Standard status Active
Size 2,924 SF
Lot size 0.64 Acres
Property subtype RETAIL
Listing Agency: 3CRE Advisors, LLC - corporate
Listed By: Sina Danesh · License ##SAL.2022002575
Source: Moodyscre
Added: Aug 4, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:19AM

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 3CRE Advisors, LLC - corporate

Investment Insights

Based on property information with market context.

Located in the Mount Healthy submarket of Cincinnati, the property at 8021 Hamilton Avenue is a 2,924-square-foot freestanding building suitable for a restaurant, bar, or similar food and beverage concept. The property includes ample surface parking and pylon signage. The interior features a full buildout, and all existing fixtures, furniture, and equipment are included in the sale. This offers immediate operational potential for an owner-operator or investor.

Key Highlights

  • Turnkey restaurant/bar opportunity with full interior buildout.
  • Includes all existing fixtures, furniture, and equipment.
  • Freestanding 2,924‑square‑foot building.

Financial Insights For Specialty 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 $56.1k $19.20
− Vacancy −$3.9k −$1.34
EGI $52.2k $17.86
− OpEx −$13.1k −$4.46
NOI $39.2k $13.39
2,924 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$559.4K
$489.5K – $652.6K (±1% cap)
NOI $39,158 @ 7.0% cap · market cap 6.81%
Second Best
Retail
$481.6K
$421.4K – $561.9K (±1% cap)
NOI $33,711 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$581.2K
$508.6K – $678.1K (±1% cap)
NOI $40,687 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

The Royal Rose Lounge Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Retail in Cincinnati, OH

7.1% 2019
6.8% 2020
6.1% 2021
6% 2022
5.3% 2023
5.3% 2024
5.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Turnkey restaurant/bar opportunity with fixtures, furniture, and equipment included.
Where is this restaurant located?
The property is located at 8021 Hamilton Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Turnkey restaurant/bar opportunity with full interior buildout.; Includes all existing fixtures, furniture, and equipment.; Freestanding 2,924‑square‑foot building.
(513) 824-5406 Call to check price and availability
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