1532 Compton Rd Cincinnati, OH 45231-3454
This exceptional retail property, located at 1532 Compton Rd in Cincinnati, Ohio, presents a lucrative investment opportunity. The 2,505 square foot building, constructed in 1985 and renovated in 2000, sits on a 0.218-acre lot and boasts 15 parking spaces. Currently operating as a convenience store with a 100% occupancy rate, the property features a single unit in a Class C building with a NNN lease. The lease expires September 30, 2024, with the current tenant operating on a month-to-month basis. The property is zoned for retail use and benefits from its high-traffic location, within walking distance of homes and a business district. The asking price is $625,000, translating to $249.50 per square foot. The property includes large walk-in coolers, adding to its operational efficiency. This is a fantastic opportunity for owner-users seeking a well-established retail space in a desirable Cincinnati location. The Hamilton County address (APN 593-0004-0154) and ample parking make this a highly attractive investment. Note that this is a real estate-only sale; the business is not included. The property's strong location and existing infrastructure make it ideal for a variety of retail uses.
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Beverage Depot 2 Grocery & Convenience Store
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ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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