Property profile

1203 Main St Cincinnati, OH 45202

OFF-MARKET
Retail space
Property ID
US66-5236469
0.13 ac lot
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

The Tower Building offers exceptional office space in a vibrant Hamilton County location. This 13,313 square foot building, renovated in 2017 by Urban Sites, boasts a variety of office configurations suitable for traditional, executive, coworking, medical, or creative businesses. Currently, over 10,154 square feet is available, with three move-in ready suites ranging from 2,736 to 4,682 square feet. Each floor features dedicated outdoor space, adding a unique amenity to these versatile spaces. The interior showcases exposed brick and beam finishes, complemented by an open concept design and high-end glass finishes. The building offers convenient controlled lot parking, with additional parking readily available at nearby Parkhaus and Ziegler garages. Its prime Over-the-Rhine location provides excellent walkability and access to the streetcar line. Security features include a secure lobby and key-carded elevator access, and ground-level lobby signage provides excellent visibility. The building's development and ongoing management by Urban Sites ensures a high standard of maintenance and operational efficiency. This is a rare opportunity to secure exceptional office space in a highly desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.13 ac (5,876 SF)
APN 080-0002-0491-00
UPID US66-5236469

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Restaurant

Location

1203 Main St Cincinnati, OH 45202-7611
Cincinnati metro Census 1000 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2014
3 recorded transactions
2018
Price N/A
2014
$400,000
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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