Listed by ParaSell Inc, Sands Investment Group - FTL
$1,200,000
Harrison Plaza - Harrison, OH
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 20,900
Units 10
NOI $33,220
Occupancy 100%
Tenancy Multi
Price per SqFt $57
Year Built 1975
Acreage 1.430
Ground Lease No
20,900 SF Value-Add Retail Center | Strong Upside & Flexible Re-Tenanting
Marketing description
We are pleased to exclusively offer for sale Harrison Plaza, a 20,900 SF multi-tenant retail center located at 1150 Harrison Avenue in Harrison, OH. This offering presents a compelling value-add and owner-user opportunity, with strong upside through lease-up of vacant space and the ability for an owner-user to occupy a portion of the property while benefiting from existing in-place income, making it an attractive investment.
Investment highlights
- Value-Add / Owner-User Opportunity: Strong upside through lease-up and owner-user potential, allowing an investor to increase NOI by filling vacancy or an owner-user to occupy space while benefiting from in-place income.
- Flexible Re-Tenanting Opportunity: Current tenants are on month-to-month leases, creating immediate flexibility for re-tenanting, rent increases, or repositioning the asset to stronger-credit tenants and higher market rents.
- Strong Tenant Mix & Established Occupancy: The property benefits from a diverse tenant mix with several long-term occupants, demonstrating location stability and consistent tenant demand within the Harrison trade area.
- Excellent Visibility & Traffic Drivers: Located along Harrison Avenue with approximately 23,145 VPD, the center benefits from strong frontage and visibility, with Harrison Premier Fitness driving daily foot traffic and consistent consumer activity.
- Prime Location: Strategically positioned just 2 minutes from Cincinnati West Airport in a well-established retail corridor with strong accessibility and convenience for both customers and businesses.
- Strong Demographics: Supported by an average household income of $101,059 within a 3-mile radius, providing strong consumer spending power and long-term tenant demand for neighborhood retail and service users.
Listing Contacts
Listed by ParaSell Inc, Sands Investment Group - FTL
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,220.00
$2,768.33/mo
Valuation Metrics
0
DSCR
2.77%
Cap Rate
2.77%
ROI
Map
Zoning
B CommercialGeneral CommercialGeneral Business District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 54 uses
View all 54 uses Last updated Apr 20, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage Phone
Is there information that looks off?
