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    West Chester Retail/Office Space Title is generated by Realmo AI

    8786 Cincinnati Dayton, West Chester, OH

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    1,851+ SF retail or office space in West Chester, OH.

    Type:RETAIL
    Property size:
    1,851 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $135/SF
    Added:
    Jan 14, 2020
    Days on Market:
    2342
    Last Refresh:
    May 20 at 8:46 pm

    Property Features for 8786 Cincinnati Dayton

    General Information

    Standard status
    Active
    Size
    1,851 SF
    Lot size
    0.32 Acres
    Property subtype
    RETAIL

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    Listing Contact
    John Stretch
    John Stretch

    Listing agent John Stretch License #OH 2008004113

    Listing office North Ridge Realty Group

    Listing date Jan 14, 2020

    Source Moodyscre

    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 North Ridge Realty Group

    HighLights

    • Zoned B‑1 offering flexibility for commercial or residential ventures.
    • High visibility location in the desirable Olde West Chester retail district.
    • 1,851+ SF of retail or office space.
    • Conveniently located with close proximity to Union Centre & I‑75.
    • Lower level and over‑sized garage provide additional usable space.
    • Surrounded by national retailers such as Panera, Starbucks and Ikea.

    Overview

    This property offers 1,851+ square feet of retail or office space. The location is just minutes from Union Centre and I-75, situated in the Olde West Chester retail district. The property benefits from high visibility. Zoned B-1, it can be used commercially or with a residential component. A lower level and over-sized garage provide additional usable areas. Nearby national retailers include Panera, Starbucks, Topgolf, Bravo, Barnes & Noble, Chipotle, and Ikea.

    Local Financial Insights For 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 $30.0k $16.20
    − Vacancy −$1.6k −$0.84
    EGI $28.4k $15.36
    − OpEx −$8.5k −$4.61
    NOI $19.9k $10.75
    1,851 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $284.3K
    $248.7K – $331.7K (±1% cap)
    NOI $19,899 @ 7.0% cap · market cap 7.96%
    Second Best
    Office B
    $248.9K
    $217.8K – $290.4K (±1% cap)
    NOI $17,422 @ 7.0% cap · market cap 6.97%
    Theoretical Best
    Office A
    $331.8K
    $290.4K – $387.2K (±1% cap)
    NOI $23,229 @ 7.0% cap · market cap 9.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    West Chester
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.4068
    Latitude
    39.342

    FAQs

    What type of property is this?
    Retail space - 1,851+ SF retail or office space in West Chester, OH.
    Where is this retail space located?
    The property is located at 8786 Cincinnati Dayton West Chester, OH.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Zoned B‑1 offering flexibility for commercial or residential ventures.; High visibility location in the desirable Olde West Chester retail district.; 1,851+ SF of retail or office space.
    (513) 623-6505 Call to check price and availability
    More about this property
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