1531 Tremont St Cincinnati, OH 45214

This exceptional investment opportunity presents a 108,230-square-foot multi-tenant warehouse in Cincinnati, OH, situated on a 2.15-acre lot (APN: 017000070001). The property, built in 1955 and zoned MG (Manufacturing General), boasts a Class C rating and is currently listed for $5,500,000 under a NNN lease type. The warehouse features 105,230 square feet of industrial space and 3,000 square feet of temperature-controlled office space. The building includes three exterior loading docks, one drive-in dock with an exterior leveler, and a 40-foot clear height in the front section. The rear section offers a 16'6" ceiling height. Two 15,000 lb. freight elevators and 15,000a/3v 3-phase power are also available. The front area encompasses approximately 12,000 square feet with a 10-ton overhead crane and 40 feet of clearance. A second, 7.5-ton overhead crane in the front warehouse (currently inoperable) may have a reusable bridge. The property includes 50 parking spaces. The roof was entirely replaced in 2022. Currently, one tenant occupies a 20,000 square foot space under a five-year lease, including a newly built-out office area. Two additional tenants occupy space on a month-to-month basis. The second floor (approximately 45,000 square feet) is available after the current month-to-month tenant vacates. Current annual rental rates are slightly under $5 per square foot, plus approximately $1.40 per square foot for CAM fees. The property offers easy access to Interstate 75. Occupancy is available April 1, 2023.