4108 Montgomery Rd Cincinnati, OH 45212-3776
- Retail residential properties
- 4,324 SF
- 0.09 lot acres
Current Use by Public Records
- ATM / Atm
- Echoes Dance & Play Bar / Bar / Night Club
Property Details for 4108 Montgomery Rd
- Year built
- 1930
- Lot size
- 0.09 lot acres
- Property size
- 4,324 SF
- Property type
- Retail residential properties
- APN
- 651-0033-0012-00
- APU
- 6510033001200
Description
This exceptional 2,167 square foot turnkey bar is ideally situated in the heart of Norwood's vibrant submarket. Currently operating as Echoes Dance & Play Bar, this single-tenant property presents a unique investment opportunity. The sale includes all existing equipment, allowing for immediate occupancy and revenue generation. A liquor license is available for an additional fee, streamlining the transition for the new owner. The property benefits from a high volume of both foot and vehicular traffic, ensuring strong visibility and accessibility for patrons. Located within Hamilton County, this establishment boasts a prime location within the Norwood Submarket Cluster, offering excellent potential for continued success. The property's APN is 651-0033-0012-00. This is a rare chance to acquire an established business with immediate income potential in a desirable location. The property's existing infrastructure and equipment minimize upfront investment, allowing for a swift and profitable start. The high traffic area ensures a steady stream of potential customers, making this a truly attractive proposition for experienced bar owners or investors seeking a ready-made business. This is a retail property categorized as a bar.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $190,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $175,000
- Geo Method
- $195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $230,000
- Mixed-Use
- $220,000
- Hospitality
- $200,000
- Educational
- $170,000
- Residential Income
- $205,000
- Energy
- $200,000
- Income-Based Land
- $235,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.4606
- Latitude
- 39.154
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA