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Property profile & analytics
OFF-MARKET Estimated value $1,395,000
Bars & Pubs

7751 Reading Rd Cincinnati, OH 45237-2140

19,184 SF 0.44 ac lot Built 1953
Entity Owned 19-yr Hold Free & Clear
Property ID
US66-0160273
Property summary
AI-generated overview

This exceptional commercial property, located at 7751 Reading Rd in Cincinnati, Ohio, presents a compelling investment opportunity. The 2,464 square foot building, constructed in 1954, is currently operating as a successful urban tavern and bar with a limited food menu. Situated on a high-traffic section of Reading Road, boasting approximately 27,000 vehicles per day, the property enjoys excellent visibility and accessibility. The CC-A-T zoning allows for a variety of uses, offering flexibility for potential buyers. Ample parking is available with 40 paved spaces. The property's current configuration includes 121 interior seats and an additional 100 seats on an expansive outdoor deck, accommodating a total client capacity of 221. This presents significant potential for expansion and enhancement, particularly given the substantial outdoor space. The asking price is $1,750,000. This is a value-add opportunity for investors or owner-operators seeking to capitalize on a thriving location and existing business. No restrictions exist on build-out, making it ideal for a range of hospitality ventures. The property is located in Hamilton County, Ohio, zip code 45237.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1953
Total area 19,184 SF
Lot 0.44 ac (19,166 SF)
APN 117-0014-0105-00
UPID US66-0160273
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brandy's Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.40M
Owner & transaction history
Dava Ptshp LLC · 19 yrs held
Dava Ptshp LLC
since 2006
2 recorded transactions
2006
Price N/A
2006
$307,700
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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