Property summary
This exceptional 38,000-square-foot retail property at 607 Carthage Avenue in Cincinnati, Ohio presents a unique investment opportunity. Situated on a 1.288-acre lot, this two-story building boasts a rich history, having served as a school until 2015. The well-maintained structure, built in 1934, features a striking brick façade and a poured concrete foundation with a bar joist/concrete addition. Currently vacant, the property offers immense potential for repurposing or expansion. The zoning allows for a flex/warehouse addition of up to 23,000 square feet, significantly increasing the usable space. The property's location in an Opportunity Zone and its eligibility for Historic Tax Credits provide additional financial incentives. The site itself is highly advantageous, featuring a flat, well-drained topography, not located in a flood plain, and ample room for parking. A paper street to the north is cleared, and potential secondary access via Maple Street exists. This is a truly remarkable opportunity to create a significant commercial presence in a desirable Cincinnati location. The property is located in Hamilton County, Ohio, with a zip code of 45215. The building's single-tenant occupancy allows for complete control and customization.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning