2651 Observatory Ave Cincinnati, OH 45208
- Strip malls
- 9,609 SF
- 0.35 lot acres
Current Use by Public Records
- HUB International / Financial Consultant
- Hank, a Yarn Boutique / Yarn Store / Knit Shop
- Michelle Koval / Physical Therapist / Practitioner Service Location
- Healing Hands Therapeutic Massage / Massage Therapist
- Ms. Helen Magers / Practitioner Service Location / Counselor
Property Details for 2651 Observatory Ave
- Year built
- 1989
- Lot size
- 0.35 lot acres
- Property size
- 9,609 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 046-0008-0081-00
- APU
- 460008008100
Description
The Otto Building, a two-story, 14,373 square foot Class C commercial property, presents a unique leasing opportunity in the desirable Hyde Park submarket. Built in 1989, this multi-tenant building offers a blend of traditional office and medical office space, making it suitable for a variety of businesses. The building boasts 22 parking spaces, a significant advantage in this vibrant area. Currently, one 1,425 square foot space is available for lease. The building's strategic location at the corner of Observatory and Edwards Roads places it just one block from the bustling Hyde Park Square, providing excellent visibility and accessibility. Beneficial co-tenancy includes established businesses such as Widmer's Cleaners, Hank Yarn Boutique, and Stok Yards Bank & Trust, creating a strong and diverse commercial environment. The property is zoned CNP and has an APN of 046-0008-0081-00. This presents a compelling opportunity for businesses seeking a well-located, established space within a thriving community. The building's size and layout offer flexibility for various business needs, making it an ideal choice for companies looking to establish or expand their presence in Hyde Park.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.4438
- Latitude
- 39.1373
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA