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Property profile & analytics
FOR SALE
Office buildings

2150 Alpine Pl Cincinnati, OH 45206

5,188 SF 0.21 ac lot Built 1921
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-1445974
Property summary
AI-generated overview

This exceptional 6,418-square-foot creative office space is located at 2150 Alpine Place in Cincinnati, Ohio's desirable Eden Park neighborhood. The property, built in 1921 and renovated in 2021, boasts a unique blend of elegance and sophistication within its eclectic architecture. This vacant, single-unit building offers three stories and sits on a 0.208-acre lot, zoned OL - Office Limited. The asking price is $885,000, translating to $137.89 per square foot. The property includes three parking spaces, a combination of on-street, driveway, and garage parking. The interior features abundant natural light, creating a vibrant and inviting work environment. A standout feature is the unique conference room with a large roll-up door, ideal for dynamic meetings. Its prime location offers easy access to downtown Cincinnati, beautiful parks, and a thriving business district with numerous restaurants, bars, and retail options. The property is available for immediate occupancy and offers creative leasing options or monthly shared workspace leasing on a case-by-case basis. This is a rare opportunity to acquire a distinctive and well-located office building in a highly sought-after area. The Hamilton County property (APN: 069-0003-0081-00) is classified as Class B and is available for owner/user investment.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1921
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,188 SF
Lot 0.21 ac (9,060 SF)
APN 069-0003-0081-00
UPID US66-1445974
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lead|Riot Telecommunications Service Marketing & Advertising
  • RSW/US Business Service Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$598k
Blend (final) Blend
$585k
Owner & transaction history
Eden & Alpine LLC · 4 yrs held
Eden & Alpine LLC
since 2021
Last sale
$614,393
1 recorded transaction
2021
$614,393
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $950,000 +72.8%
Restaurant $865,000 +56.8%
Medical building $605,000 +9.4%
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