www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33810824
33810826

1001 Summer Street, Cincinnati, OH 45204

MH
OH SAL.2024002165
Keller Williams Advisors Realty
Listed by Keller Williams Advisors Realty
Unpriced
8 days on market
Updated 1 day ago
Opportunity zone

1001 Summer Street

Details
APN 148-0011-0042-00
Property Type Industrial, Self Storage
Sub Type Warehouse, Redevelopment
Tenancy Vacant
Year Built 1900
Buildings 1
Stories 5
Acreage 0.510
Zoning Class 001 — Industrial (Hamilton County)
Parking Spaces 12 spaces
Investment Type Redevelopment
Ceiling Height 9'11" to 11'8"
Loading Docks 3
Ownership Fee Simple

1001 Summer Street, Cincinnati, OH 45204

Marketing description

1001 Summer Street is a 100+ year-old, five-story masonry warehouse building situated at the northeast corner of Gest Street and the former Cincinnati, Hamilton and Dayton Railroad right-of-way in Cincinnati's Queensgate industrial submarket. The building sits on a 140' x 160' lot per the recorded deed and offers six usable levels including a ±15,000 SF accessible basement. Construction features 18" thick masonry walls and stone foundation, confirmed structurally sound by a licensed PE (Building Inspection Engineers, LLC — September 2019), with no structural repairs required. The roof was recently inspected and repaired by CentiMark Roofing within the last 12 months. Electrical service is 240V/3-Phase, 400+ Amp dual-meter, with panels largely replaced within the last 15 years — heavy industrial power fully in place. A dry sprinkler system is already installed throughout, and an existing multi-story freight elevator shaft supports addition of elevator service for upper-floor access. Ceiling heights range from 9'11" to 11'8" across all floors, with three loading docks and dual drive-in access from both Summer Street (overhead door) and Gest Street (roll-up door/forklift ramp to basement). Gas and water service have both been recently upgraded, and the building was historically used for light manufacturing, marble fabrication, and warehouse operations — it is currently vacant.

Located approximately 0.75 miles southwest of Cincinnati's central business district near I-75 and I-71, the Queensgate/West End submarket has seen meaningful redevelopment interest as Cincinnati's urban core continues to expand. The property is offered as a vacant, as-is redevelopment and repositioning opportunity, and presents a rare combination of factors that experienced investors recognize as high-potential: a structurally sound, engineer-confirmed 100+ year masonry building; heavy utility infrastructure already in place; three loading docks with dual-street drive-in access; and six levels of usable space including a ±15,000 SF basement — all offered at a current tax valuation well below the cost to construct a comparable building today, giving a buyer substantial margin for capital investment in repositioning. The building is well suited to self storage conversion, loft residential, creative office, light industrial, or mixed-use redevelopment, and Ohio's 25% Historic Tax Credit plus the Federal 20% HTC may be available and potentially stackable on qualified rehabilitation expenditures.

For a self storage operator, the building checks virtually every physical box: drive-in access, high ceilings, masonry construction, large floor plates, secure perimeter, an existing freight elevator shaft, and 3-phase power. For a residential or mixed-use developer, the authentic brick-and-timber loft character, original windows, and KZF Design architectural plans already in hand — covering all six levels plus a conceptual facade rendering — provide a clear path to a premium adaptive reuse product. The property sits on a zero-lot-line corner parcel with dual-street frontage, ±10–12 on-site courtyard parking spaces, and proximity to the Brent Spence Bridge corridor for last-mile logistics users. Annual tax carry is low, and the deed is clean (General Warranty Deed, recorded November 2020).

Investment highlights

  • 100+ year-old masonry construction with 18" stone foundation and walls — confirmed structurally sound by licensed PE (Building Inspection Engineers, LLC — September 2019)
  • Six usable levels: Basement (±15,000 SF) + Floors 1–4 + Penthouse; ceiling heights 9'11" to 11'8" across all floors
  • 240V / 3-Phase, 400+ Amp dual-meter electrical — panels largely replaced within last 15 years; heavy industrial power in place
  • Three loading docks + drive-in access from both Summer Street (overhead door) and Gest Street (roll-up door / forklift ramp to basement)
  • New gas service line (est. 2024); new 2" water service and meter (recent); MSD sewer — all major utilities upgraded
  • Ideal for self storage conversion, loft residential, creative office, light industrial, or mixed-use redevelopment
  • Ohio 25% Historic Tax Credit + Federal 20% HTC may be available — potentially stackable on qualified rehabilitation expenditures
  • Corner lot; zero-lot-line; dual-street frontage; ±10–12 courtyard parking spaces; KZF Design plans for all levels in hand
  • 100+ Year Masonry Construction — 18" thick brick and stone walls and foundation; confirmed structurally sound per licensed PE (Building Inspection Engineers, LLC — 9/26/2019); no structural repairs required per engineer's opinion
  • 240V / 3-Phase Power, 400+ Amps — Dual-meter, dual-service electrical; most panels replaced within last 15 years; heavy power infrastructure in place
  • Three Loading Docks — Semi-truck height, pickup truck height, and hydraulic lift (currently inoperable); two fully functional docks immediately available
  • Dual Drive-In Access — Overhead garage door on Summer Street; separate roll-up door on Gest Street with forklift ramp directly to basement
  • ±15,000 SF Basement — Accessible via forklift ramp; 10'8" ceilings; stone foundation walls; suitable for storage, production, or mechanical use
  • Ceiling Heights 9'11" to 11'8" — Supports self storage unit configurations, loft residential design, and light industrial use without structural modification
  • New Gas Service Line — Installed approximately 2024; reduces near-term gas utility capital expenditure risk
  • New Water Service and Meter — 2" incoming line; confirmed active (GCWW Account 7639010000, 2100 Gest St.)
  • Dry Sprinkler System In Place — Requires ~$25,000 in valve/pipe repairs per seller estimate; fire suppression infrastructure base already installed throughout
  • Roof Recently Inspected and Repaired — Repairs by CentiMark Roofing within last 12 months; 10–15 year old roof by section
  • ±10–12 On-Site Parking Spaces — Courtyard parking along Summer Street; rare urban amenity supporting virtually any commercial or residential use
  • Existing Freight Elevator Shaft — Multi-story shaft visible in courtyard; supports addition of elevator(s) for upper floor access (self storage or residential)
  • Corner Parcel with Dual Street Frontage — Summer Street and Gest Street; maximum visibility, access, and signage opportunity
  • Zero-Lot-Line Configuration — Building occupies full 140' x 160' parcel footprint; no wasted setback area
  • Approximately 0.75 Miles from Downtown Cincinnati CBD — Practical proximity to Cincinnati's employment core, riverfront, sports venues, and entertainment district
  • Proximity to I-75 and I-71 — Major interstate interchange approximately 0.5 miles; critical for logistics, distribution, and commuter access
  • Adjacent to Brent Spence Bridge Corridor — Primary Ohio-Kentucky freight artery at I-71/I-75; positions building well for last-mile logistics users
  • Annual Tax Carry of Only $7,313 — Low holding cost during repositioning; confirmed per 2025 Hamilton County tax bill
  • County Market Value $248,940 — Acquisition at or near this level represents below-replacement-cost entry for a 100+ year masonry building of this scale and infrastructure
  • Clean General Warranty Deed — Conveyed November 2020; recorded Hamilton County Recorder Doc #2020-0122703
  • Historic Tax Credit Potential — Building age and construction type may support Ohio 25% HTC and Federal 20% HTC eligibility; subject to OHPO review and IRS certification
  • KZF Design Plans in Hand — Architectural floor plans for all six levels and a conceptual facade rendering completed (09-28-2020); reduces early-stage soft cost outlay for redevelopment buyer

Listing Contacts

MH
OH SAL.2024002165
Keller Williams Advisors Realty
Listed by Keller Williams Advisors Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
MG-MH IndustrialManufacturing General Middle Housing
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 101 uses
View all 101 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Myles Howard
License
SAL.2024002165
Brokerage
Keller Williams Advisors
Brokerage Phone
513-479-9657
Title
Agent
Brokerage Address
2105 Grandin Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591