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Property profile & analytics
OFF-MARKET
Retail space

2759 Observatory Ave Cincinnati, OH 45208-2231

2,256 SF 0.06 ac lot Built 1901
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-2416093
Property summary
AI-generated overview

This exceptional 2,392 square foot medical office space is located at 2759 Observatory Avenue in Cincinnati, Ohio's desirable Hyde Park neighborhood (zip code 45208). Built in 1901, this single-tenant property boasts a prime location with excellent street visibility, making it ideal for a variety of medical practices. The building is a two-story structure, zoned OL, and features a convenient single-tenant occupancy. Its previous use as Hyde Park Coiffures demonstrates its adaptability and potential for diverse businesses. The property's address is easily accessible and benefits from high foot traffic and strong local appeal, ensuring significant exposure for any tenant. The property's unique character and prime location within the vibrant Hyde Park submarket of Cincinnati offer a rare opportunity for a business seeking a high-profile presence in a thriving community. The APN is 046-0003-0004-00. This property presents a compelling investment opportunity for those seeking a well-situated, adaptable space in a sought-after Cincinnati location. The building's history and location combine to create a unique and attractive space for a discerning business.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1901
Construction FRAME
Total area 2,256 SF
Lot 0.06 ac (2,396 SF)
APN 046-0003-0004-00
UPID US66-2416093
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
  • Hyde Park Coiffures Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hpvc LLC · 1 yrs held
Hpvc LLC
since 2024
Last sale
$460,000
3 recorded transactions
2024
$460,000
2023
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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