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33111458
33111467

Evans Street, Cincinnati, OH 45204 For Sale

J.A. Trautmann Realtors
Listed by J.A. Trautmann Realtors
$899,000
331 days on market
Updated 51 days ago

Evans Street

Details
APN 1490014012400
Property Type Office, Business for Sale
Sub Type Traditional Office, Business Only
NOI $75,453
Year Built 1949
Acreage 0.220

Office

Marketing description

This 16,000 sqft office/flex space is a value-add alternative to locating in CBD. Currently, 80% occupied (~3,000sqft vacant) and collecting approximately $116,000 in rent annually. NOI based on 2025 numbers is $75,453 and PRICED AT A 8.4% CAP RATE. Property located in Queensgate, a commercial neighborhood in Cincinnati. Just minutes from CBD, Queensgate is one of the largest untapped areas for redevelopment, business development, new jobs and new housing in Cincinnati. It has been identified by the City of Cincinnati, and by large developers, as a critical location for the revitalization of the I-75 corridor because of its close proximity to the downtown corridors and easy access to many amenities. This property sits with signage and frontage on 8th street viaduct and Evans St (.2 miles North of Route 50). Directly across from the Police Academy and adjacent to the newly developed Nehemiah factory. This property features 10' ceiling height allowing for a modern, open workspace
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Listing Contacts

J.A. Trautmann Realtors
Listed by J.A. Trautmann Realtors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$75,453.00
$6,287.75/mo

Valuation Metrics

0
DSCR
8.39%
Cap Rate
8.39%
ROI

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