2366 Kipling AveCincinnati, OH 45239
- Other commercial real estate
- 19.86 AC
Property Details for 2366 Kipling Ave
- Lot size
- 19.86 AC
- Property type
- Other commercial real estate
- APN
- 228-0001-0282-00
- APU
- 2280001028200
Description
This exceptional 19-acre property, known as Pinecroft – The Powell Crosley Estate, presents a unique investment opportunity in Cincinnati, Ohio. Currently operating as a successful event center, this special purpose property boasts 11,696 square feet of net rentable space spread across three, two-story buildings. Built in 1920, the property offers a rich history and stunning architectural details, perfectly suited for continued use as an event venue or potential redevelopment. The asking price is $2,400,000, translating to $205.20 per square foot. The current lease expires October 31, 2025, leaving approximately 0.9 years remaining. The property is located at 2366 Kipling Ave, Cincinnati, OH 45239, in Hamilton County, and features a spacious 19-acre lot. The property's APN is 228-0001-0282-00. The occupancy date for a new tenant or owner is November 1, 2025. This remarkable estate offers significant potential for a discerning investor seeking a high-profile, established event space or a blank canvas for a new venture. The property's scale and history make it a truly unique offering in the Cincinnati market.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $117,187,656
- Hospitality
- $107,343,264
- Educational
- $89,308,336
- Medical
- $92,379,784
- Retail
- $138,924,080
Location Insight
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Latitude
- 39.2028
- Longitude
- -84.5695
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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