818 Reedy St
9,512 +/- SF Redevelopment Opportunity in Downtown’s Casino District with DD Zoning
Marketing description
9,512 +/- SF | Zoned DD (Downtown Development District)
Seize a rare opportunity to own a versatile commercial asset in the heart of Cincinnati’s rapidly evolving urban core. This 9,512 +/- SF facility sits on 0.109 acres and offers unparalleled positioning for an investor seeking a value-add project or an owner-user looking to plant their flag next to major city landmarks.
Situated in a high-energy district, this property benefits from significant foot traffic and neighboring anchors that drive consistent visibility:
- Next Door to Success: Immediately adjacent to the brand-new Ascend Cannabis Dispensary, a major regional draw.
- Entertainment Hub: Just steps away from the Hard Rock Casino Cincinnati, ensuring 24/7 activity and proximity to the city’s premier gaming and dining destination.
- Urban Green Space: Directly adjacent to Fido Field, offering a unique outdoor amenity in a dense downtown environment.
- Established Tenant Base: Currently home to the Pet Athletic Club, a well-known training and boarding facility that highlights the building's current functional utility.
Development & Investment Potential
The DD (Downtown Development District) zoning provides a broad range of high-density uses, making this a prime candidate for a variety of future strategies:
- Value-Add Investment: Capitalize on the current footprint and surging local demand to increase NOI through modernization or strategic leasing.
- Possible Redevelopment: Leverage the flexible zoning for a ground-up project that complements the surrounding entertainment and retail landscape.
- Ease of Access: Includes an additional parking lot neighboring next door, solving the most common hurdle for downtown commercial operations.
Investment highlights
This property offers a flexible layout ideal for a variety of uses including retail, office, or service-based businesses. With strong accessibility and proximity to surrounding residential density, the location supports consistent traffic and long-term growth.
Whether you’re looking to establish your own business or add a value-add asset to your portfolio, this property provides the foundation to execute your vision.
Investment Highlights:
- Strategic infill location within Cincinnati
- Ideal for owner-user or investor
- Value-add potential through lease-up or repositioning
- Surrounded by residential and neighborhood retail
- Accessible location with strong local connectivity
- Opportunity to increase rents and overall asset value
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