

1001 Summer Street
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
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