For Sale
$1,100,000

872 Ohio Pike Cincinnati, OH 45245

Cincinnati medical office, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This fee-simple property at 872 Ohio Pike, Cincinnati, OH 45245, presents a unique owner-user or redevelopment opportunity. The 5,954 square foot, single-story building, constructed in 1994, sits on a substantial 2.88-acre lot with N1 Business Zoning. The property boasts 48 parking spaces and enjoys high visibility on Ohio Pike, a major thoroughfare with over 42,000 vehicles per day. The building's recent roof replacement includes a 50-year warranty. This location benefits from strong demographics, including a population exceeding 109,000 and average household incomes over $97,000 within a five-mile radius. The oversized lot offers significant value-add potential through land parceling, making it ideal for expansion or development of additional commercial or medical space. The asking price is $1,100,000. This is a prime investment for those seeking a combination of existing income and future development potential in a high-traffic, affluent area of Clermont County.

Highlights

  • High-traffic location on Ohio Pike, exceeding 42,000 vehicles per day.
  • 2.88-acre lot perfect for redevelopment.
  • Strong demographics: Over 109,000 residents within a five-mile radius, average household income over $97,000.
  • Recently installed roof with a 50-year warranty.
  • Value-add opportunity via land parceling.

Property Details for 872 Ohio Pike

Property type
Specialty properties, Retail properties
Square Feet
5,954 SF
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
125,453 SF

Location Insight

City
Cincinnati
County
Clermont
State
Ohio
Latitude
39.0632082
Longitude
-84.2746571

FAQs

What type of property is this?
Specialty property - Cincinnati medical office, redevelopment potential.
Where is the specialty property located?
The property is located at 872 Ohio Pike Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High-traffic location on Ohio Pike, exceeding 42,000 vehicles per day.; 2.88-acre lot perfect for redevelopment.; Strong demographics: Over 109,000 residents within a five-mile radius, average household income over $97,000.
How can I contact the broker?
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872 Ohio Pike
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