Cincinnati, OH 45238,4503 W Eighth St
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NavX Realty

NavX Realty

$ 1,299,000
Est. payment /mo
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Active

4503 W Eighth St Cincinnati, OH 45238

0.35 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1852517

Year Built 1966

Lot Size 0.354 Acres

Property Sub-Type Retail

Source Cincinnati Multiple Listing Service

Property Description

Very Strong 3 Tenant, Busy Neighborhood Strip Center, with an Attractive Cap Rate and NOI for Investors NOI - $108,884 Cap Rate - 8.38% Located between the neighborhoods of Western Hills, Price Hill and Delhi 100% Occupied and Stabilized Parking Lot was resealed in Summer 2024 Tenants; Shangri-La Marijuana Dispensary, brand new tenant to the center, complete renovation to the space with over $500k in added improvements including new HVAC, electrical, plumbing, and other fixtures. (3) 5-year extension options currently remaining, 3% annual bumps Papa Johns, long-time tenant of the center for 25+ years, currently on their last option on the current lease, 3% annual bumps Shamrock Coin Laundry Laundromat, long-time tenant of the center for 20+ years, (1) 5-year extension option remaining on current lease, 3% annual bumps

Location

State OH

County Hamilton

Area Hamilton-W04

Zoning Business,Commercial

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Exterior

View Y/N No

Water Access Desc At Street

Roof Type Membrane

Building

Foundation Slab

Sewer Public Sewer

Water At Street

Level or Stories One

New Construction No

Cincinnati MLS (CincyMLS)
Listed by Dwyer Commercial Real Estate
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    C O Harrison Elementary School

    Public | KG - 5

  • 7

    Dater Montessori Elementary School

    Public | PK - 7

  • 6

    Covedale School

    Public | KG - 6

  • 6

    Delshire Elementary School

    Public | PK - 5

  • 4

    Riverside Academy

    Public | KG - 8

  • 4

    Roberts Academy: a Paideia Learning Community

    Public | PK - 8

  • 2

    Midway School

    Public | PK - 6

  • 2

    Westwood School

    Public | PK - 6

  • 2

    Orion Academy

    Public | KG - 8

  • 1

    Carson School

    Public | PK - 6

  • 1

    Rees E. Price Academy

    Public | PK - 6

  • 0

    Our Lady of Victory School

    Private | KG - 8

  • 0

    Hillside Christian Academy

    Private | KG - 10

  • 0

    St Antoninus Elementary School

    Private | KG - 8

  • 0

    Our Lady of Lourdes School

    Private | KG - 8

  • 0

    St Dominic School

    Private | PK - 8

  • 0

    St Teresa of Avila School

    Private | KG - 8

  • 0

    St Catharine of Siena School

    Private | KG - 8

  • 0

    Villa Madonna Academy Elementary and Jr High School

    Private | KG - 6

  • 0

    Villa Madonna Montessori

    Private | PK - KG

Middle Schools 4
  • 7

    Delhi Middle School

    Public | 6 - 8

  • 5

    James N. Gamble Montessori High School

    Public | 7 - 12

  • 2

    Gilbert A. Dater High School

    Public | 7 - 12

  • 1

    Western Hills University High School

    Public | 7 - 12

High Schools 3
  • 1

    Western Hills Engineering High School

    Public | 9 - 12

  • 0

    Elder High School

    Private | 9 - 12

  • 0

    Seton High School

    Private | 9 - 12

School and business data provided by Attom Data.
NavX Realty

NavX Realty

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4503 W Eighth St