Property profile

12071 Mason Montgomery Rd Cincinnati, OH 45249

OFF-MARKET
Turn key restaurants
Property ID
US66-2597051
4,928 SF 1.42 ac lot Built 1984
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional free-standing restaurant building, formerly housing the Taste of Belgium, presents a unique investment opportunity in Cincinnati, Ohio. Located at 12071 Mason Montgomery Rd, in Hamilton County (zip code 45249), this single-tenant property boasts a generous 5,072 square feet of space situated on a 1.421-acre lot. The property is partially equipped, offering a significant advantage to a prospective buyer. A key benefit is the inclusion of a D5I and D6 liquor permit, which will transfer to the new tenant, eliminating the often lengthy and complex process of obtaining these licenses. This turnkey opportunity eliminates the need for significant upfront investment in equipment and permits. The previous tenant's closure was due to a company-wide bankruptcy, making this a rare chance to acquire a well-situated restaurant with existing infrastructure. The property's size and location within Cincinnati make it ideal for a variety of restaurant concepts. This is a remarkable chance to establish or relocate a thriving culinary business in a desirable area. The property is ready for immediate occupancy and offers significant potential for growth and profitability. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 4,928 SF
Lot 1.42 ac (61,899 SF)
APN 620-0202-0042-00
UPID US66-2597051

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
  • Restaurant

Location

12071 Mason Montgomery Rd Cincinnati, OH 45249-1333
Cincinnati metro Census 24301 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.38M

Owner & transaction history

since 2025
Last sale
$1.6M
7 recorded transactions
2025
$1.6M
2021
Price N/A
2021
$350,000
2018
Price N/A
2016
Price N/A
2016
Price N/A
2011
$625,000

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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