For Sale
$349,000

607 Carthage AveCincinnati, OH 45215

Historic building, flexible use, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.288-acre property at 607 Carthage Ave, Cincinnati, OH 45215, presents a unique investment opportunity. The two-story, 15,000-38,000 square foot building, constructed in 1934, boasts a brick façade and poured concrete structure with a bar joist/concrete addition. Previously used as a school until 2015, it has been meticulously maintained since its vacancy. The property features a flat, well-drained lot, not located in a floodplain, and offers abundant parking. A potential secondary access point via Maple Street exists, adding to its versatility. The site includes a cleared Paper Street to the north, expanding the usable area to approximately 1.6 acres. This adaptable space allows for repurposing or expansion of the existing structure, with zoning permitting up to a 23,000 square foot flex/warehouse addition. Located in an Opportunity Zone and eligible for Historic Tax Credits, this property offers significant financial incentives. The asking price is $349,000, and the sale includes a leaseback option. This is an unparalleled chance to acquire a substantial property with immense potential in a desirable Cincinnati location.

Highlights

  • Sale price: $450,000
  • Lease terms: Contact agent for details
  • Located in an Opportunity Zone
  • Eligible for Historic Tax Credits
  • Expansion potential available

Property Details for 607 Carthage Ave

Property type
Life science properties, Industrial properties
Square Feet
15,000 SF
Year Built
1934
Stories
2
Lot Size (sq. ft)
56,105 SF

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.21841923
Longitude
-84.45420098
607 Carthage Ave, Cincinnati, Ohio

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607 Carthage Ave
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