4007 Allston St Cincinnati, OH 45209
- Retail residential properties
- 25,073 SF
- 0.22 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 4007 Allston St
- Year built
- 1900
- Lot size
- 0.22 lot acres
- Property size
- 25,073 SF
- Property type
- Retail residential properties
- APN
- 049-0004-0245-00
- APU
- 490004024500
Description
This 3,200 square foot, turnkey restaurant in Cincinnati's Oakley Square is available for sale. Previously a high-end seafood establishment and more recently a Thai/Sushi restaurant, this space boasts extensive recent renovations including a completely new HVAC system, hood system, walk-in coolers, reinforced flooring, and a fully updated kitchen—all paid for by the seller. The lease is significantly below market value. The adaptable décor suits various cuisines. The layout includes two separate dining rooms and a full bar. A shared parking lot is available, with evening leasing generating $540 every three months. All assets, including the Ohio Liquor Permit, are included in the sale. This location benefits from a long history of successful restaurant operations, having been occupied by the same owner for over 35 years prior to the current owner's extensive renovations. The property is located at 4007 Allston St, Cincinnati, OH 45209.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $735,000
- 6.5%
- $675,000
- 7%
- $725,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $625,000
- Geo Method
- $695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $740,000
- Retail
- $670,000
- Mixed-Use
- $825,000
- Hospitality
- $735,000
- Educational
- $635,000
- Residential Income
- $810,000
- Energy
- $635,000
- Income-Based Land
- $850,000
- Food Service
- $815,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.433
- Latitude
- 39.1518
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA