Neighborhood Grocery and
927 Vine St Hamilton, OH 45011
For Sale
$259,000
Pending
Neighborhood market sale includes fixtures and equipment plus an upstairs 2-bedroom rental unit.
Property Size1,278 SF
Days on Market87
Property Features for 927 Vine St
General Information
Standard status
Pending
Size
1,278 SF
Listing Agency:
RE/MAX Victory + Affiliates
(513) 305-8664
Listed By:
Carolyn S Ashby · License #389735
(513) 305-8664
Source:
Exprealty
Added: May 4
Changed: Jul 10
Last Checked: Jul 26 at 9:13PM
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 RE/MAX Victory + Affiliates
Investment Insights
Based on property information with market context.
This for-sale investment property operates as a neighborhood grocery store and includes the market’s fixtures and equipment, along with inventory. The offering also includes an upstairs apartment totaling 990 sq. ft., which features two bedrooms, one full bathroom, a kitchen, dining room, and living room. The apartment is equipped with appliances, including a washer and dryer. The property is arranged across four parcels, which the city has consolidated into two parcels for tax purposes.
The store operates Monday through Saturday from 9:00 AM to 8:00 PM. The owner requests that qualified buyers only consider the opportunity, with no showings scheduled until after 1:00 PM daily.
For tenants and investors seeking a mixed-use setup, this configuration provides income from the neighborhood grocery operation while also offering a separate upstairs residence that can be rented or used as living space. The included fixtures, equipment, and appliances may reduce the need for immediate interior setup to resume market operations and occupancy of the apartment.
The store operates Monday through Saturday from 9:00 AM to 8:00 PM. The owner requests that qualified buyers only consider the opportunity, with no showings scheduled until after 1:00 PM daily.
For tenants and investors seeking a mixed-use setup, this configuration provides income from the neighborhood grocery operation while also offering a separate upstairs residence that can be rented or used as living space. The included fixtures, equipment, and appliances may reduce the need for immediate interior setup to resume market operations and occupancy of the apartment.
Key Highlights
- Neighborhood grocery store (1,278 SF) includes all fixtures, equipment, and inventory.
- Upstairs 990 SF apartment with 2 bedrooms and 1 full bath, plus kitchen, dining room, and living room.
- Apartment appliances included; washer/dryer stay with the property.
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 | $19.2k | $15.00 |
| − Vacancy | −$1.2k | −$0.96 |
| EGI | $17.9k | $14.04 |
| − OpEx | −$4.5k | −$3.51 |
| NOI | $13.5k | $10.53 |
1,278 SF · lease $15.00/SF/yr · vacancy 6.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$192.2K
$168.2K – $224.3K
NOI $13,457 @ 7.0% cap · market cap 5.20%
Second Best
Retail
$77.5K
$67.8K – $90.4K
NOI $5,426 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$252.7K
$221.1K – $294.8K
NOI $17,688 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Neighborhood market sale includes fixtures and equipment plus an upstairs 2-bedroom rental unit.
Where is this grocery and convenience store located?
The property is located at 927 Vine St Hamilton, OH.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Neighborhood grocery store (1,278 SF) includes all fixtures, equipment, and inventory.; Upstairs 990 SF apartment with 2 bedrooms and 1 full bath, plus kitchen, dining room, and living room.; Apartment appliances included; washer/dryer stay with the property.
