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Otto Building Retail/Office Space
For Lease
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2651 Observatory Ave, Cincinnati, OH 45208

Retail and office spaces available in the Otto Building.

Space Size505 SF - 1,425 SF
Property Size14,373 SF
Days on Market592

Property Features for 2651 Observatory Ave

General Information

Standard status Active
Size 505 SF - 1,425 SF
Class B
Total Parking Spaces 22
Property subtype Retail, Office

Building Details

Building Size 14,373 SF
Year Built 1989
Tenancy Multiple

Spaces For Lease

at 2651 Observatory Ave Contact us

Suite 020B-Lower-Level

Size
1,425 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 10-Lower level

Size
505 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: The Myers Y. Cooper Company
Listed By: John Herrmann · License #OH 417129
Source: Crexi
Added: Jan 15, 2025 Changed: Aug 21 Last Checked: Aug 29 at 6:53AM

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 The Myers Y. Cooper Company

Investment Insights

Based on property information with market context.

The Otto Building is situated at the corner of Observatory and Edwards Roads, a block from Hyde Park Square. Current co-tenants include Widmers Cleaners, Hank Yarn Boutique, and Stock Yards Bank & Trust. The property is suitable for retail and office use.

Key Highlights

  • Prime location at the corner of Observatory and Edwards Roads.
  • Situated just one block from Hyde Park Square.
  • Established co‑tenancy with Widmers Cleaners, Hank Yarn Boutique, and Stock Yards Bank & Trust.

Property Analytics

Current Use

HUB International Financial Advisor Hank, a Yarn Boutique (Bike/Boat/Book/etc) Store Michelle Koval Physician Healing Hands Therapeutic ... Alternative Medicine Practice Ms. Helen Magers Counselor

Suggested Use

Top Pick Big Box & Wholesale Store Barber Shop Grocery & Convenience Store Building Supply HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby

Demographics for 45208, OH

18,969
Population
8,928
Households
2.1
Avg Household Size
37
Median Age
83%
College-Educated
99%
High-School Grad
4.3 sq mi
ZIP Area
4,411
Density / Sq Mi
$133,213
Median Household Income
$76,143
Median Earnings
$1,315
Median Rent
$491,400
Median Home Value

Market

Lease Benchmarks for Cincinnati, OH

$22.01 /SF/Yr
Avg Asking Price
$4.8–$35 /SF/Yr
Price Range
12,959 SF
Avg Space Size

Vacancy Rate% for Office in Cincinnati, OH

18% 2019
19.1% 2020
21.4% 2021
23.3% 2022
25.4% 2023
26.1% 2024
25.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and office spaces available in the Otto Building.
Where is this retail space located?
The property is located at 2651 Observatory Ave Cincinnati, OH.
What are key features of this property?
This property features: Prime location at the corner of Observatory and Edwards Roads.; Situated just one block from Hyde Park Square.; Established co‑tenancy with Widmers Cleaners, Hank Yarn Boutique, and Stock Yards Bank & Trust.
More about this property
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