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Mixed-Use Building with Private Rooms

8088 S St Rt 48, Maineville, OH 45039

For Sale
$275,000

Commercial Sale, Maineville, OH

Property Size682 SF
Lot Size0.30 Acres
Price / SF$403.23
Days on Market48

Property Features for 8088 S St Rt 48

General Information

Property type Commercial Sale
Property subtype Other
Directions West Foster Mainville to Lon ST RT 48
Subdivision Warren-E09
Standard status Active
APN 16-04-477-007
Size 682 SF
Lot size 0.30 Acres

Utilities

Heating system Forced Air, Natural Gas

Amenities

half bath

Building Details

Flooring type Carpet, Tile
Building materials Brick, Vinyl Siding
Roof type Shingle
Listing Agency: eXp Realty
Listed By: Kevin Hildebrand · License #0000409383
Added: Sep 23 Changed: Oct 20 Last Checked: Nov 9 at 6:06AM
MLS# 1894947

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.

Rey
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Investment Insights

Based on property information with market context.

This 682-square-foot mixed-use building has an open main level with tile flooring and a half bath, plus three separate rooms upstairs. The interior combines tile and carpet finishes. Exterior materials include brick and vinyl siding, with a shingle roof. Forced-air heating is powered by natural gas.

The property occupies 0.2992 acres at 8088 S St Rt 48 in Maineville, Ohio.

Key Highlights

  • 682‑square‑foot building on a 0.2992‑acre parcel
  • Open main floor with tile flooring and a half bath
  • Three separate rooms on the upper level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,825
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,500 $176.5K
Cap Rate 7%
$126,071 $126.1K
Cap Rate 9%
$98,056 $98.1K
Market Conditions
NOI Build-Up for 682 SF
Gross rent
$12.9K $18.96/SF
− Vacancy
−$1.2K −$1.71/SF
EGI
$11.8K $17.25/SF
− OpEx
−$2.9K −$4.31/SF
NOI
$8.8K $12.94/SF
Area
Warren County, OH
Vacancy
9.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,500
Cap Rate 7%
$126,071
Cap Rate 9%
$98,056

Alternative Uses

Best Use
Office B
$126.1K
$110.3K – $147.1K (±1% cap)
NOI $8,825 @ 7.0% cap · market cap 3.21%
Second Best
Mixed Use
$123.1K
$107.7K – $143.6K (±1% cap)
NOI $8,618 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$152.3K
$133.3K – $177.7K (±1% cap)
NOI $10,663 @ 7.0% cap · market cap 3.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 45039, OH

27,529
Population
11,616
Households
2.4
Avg Household Size
40
Median Age
52%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
1,765
Density / Sq Mi
$111,774
Median Household Income
$56,410
Median Earnings
$1,554
Median Rent
$294,100
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 Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An open ground-floor area and separate upstairs rooms provide distinct spaces within the building.
Where is this mixed-use property located?
The property is located at 8088 S St Rt 48 Maineville, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 682‑square‑foot building on a 0.2992‑acre parcel; Open main floor with tile flooring and a half bath; Three separate rooms on the upper level
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