Property summary
This exceptional Cincinnati investment property, located at 7501 Gracely Dr, offers 7,400 square feet of versatile flex space across two buildings on a 1.5-acre lot. The main building boasts 5,000 square feet, divided into three bays (expandable to four), each featuring 16-foot ceilings, 14-foot commercial garage doors, and an entrance door. Two bays benefit from heating and a half-bath, with three additional rough-in bathrooms. A second building provides 2,400 square feet, including a one-bedroom apartment on the second floor. Built in 1972 and renovated in 2008, this property sits in a commercially zoned area, offering unlimited usage potential. The fully hard-surfaced lot allows for potential expansion with additional buildings. Benefiting from high visibility with frontage on Gracely Drive and Route 50, and a convenient location next to a McDonald's, this property presents a compelling investment opportunity. Note that the property is located within a flood zone. The asking price is $799,900.
Property profile
VerifiedCap rate & NOI
Current use
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Rental Equipment Company
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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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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