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29115675
29115676

123 E 4th St, Cincinnati, OH 45202

DA
OH 2023004068
Rath Equity Ltd
Listed by Rath Equity Ltd
$1,390,000
148 days on market
Updated 24 days ago
Opportunity zone

Downtown Cincinnati mixed use building for SALE & LEASE

Details
Property Type Office, Retail
Sub Type Traditional Office
Square Footage 19,000
Occupancy 11%
Price per SqFt $73
Broker Co-Op Yes
Class B
Year Built 1880
Year Renovated 2022
Investment Type Owner/User

Office | 19,000 SqFt

Marketing description

123 to 137 E 4th Street is a prominently positioned mixed use office and retail asset located in the heart of Downtown Cincinnati’s Central Business District. The property spans multiple contiguous storefronts with four floors of office space above, offering strong street presence along East 4th Street, one of the city’s most active pedestrian and commercial corridors.

A portion of the ground floor retail is currently leased, providing in place income, while floors two through five are vacant office, offering immediate value add potential through lease up, repositioning, or conversion depending on investor strategy. The existing retail tenant is paying $24,250.76 per year for a 1,150 square foot space, equating to $21.09 per square foot.

The building’s scale and configuration allow for flexibility across office, residential, or mixed use strategies. The property also presents a compelling opportunity for an owner occupant to utilize a portion of the building while generating income from the remaining leased space.

Its central location within walking distance of Fountain Square, Atrium One and Two, the Scripps Center, major employers, dining, entertainment, and public transit supports long term tenant demand and investor confidence.

This offering represents a rare opportunity to acquire a well located downtown asset with in place income, near term leasing upside, owner occupant optionality, and exposure to one of Cincinnati’s most durable and institutionally supported urban submarkets.

Listing Contacts

DA
OH 2023004068
Rath Equity Ltd
Listed by Rath Equity Ltd

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Additional Information

Name
David Arnow
License
2023004068
Brokerage
Rath Equity
Brokerage Phone
5138140595
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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