422 W Mcmicken Ave Cincinnati, OH 45214

This exceptional retail property at 422 W McMicken Ave in Cincinnati, Ohio, presents a compelling redevelopment opportunity in the thriving Over-the-Rhine (OTR) neighborhood. The 2,476 square foot, three-story building, constructed in 1864, is a stable shell ready for immediate renovation. The asking price is $305,000, translating to $123.18 per square foot. The property sits on a 0.063-acre lot and is zoned RM-0.7, allowing for a variety of development options. Significant advantages include eligibility for historic tax credits and abatements, further enhancing the investment potential. The property also includes an additional 18' x 100' parcel providing valuable off-street parking, a rare commodity in this densely populated area. Located in a rapidly growing neighborhood, this site benefits from its proximity to numerous amenities, including stadiums, bars, restaurants, shopping, and public transportation (bus and streetcar lines). Investors will appreciate the strong rental market and the significant developer interest currently focused on this section of OTR. This is a unique chance to capitalize on the revitalization of a historic Cincinnati landmark.