For Lease
$330/SF/YR

4007 Allston StCincinnati, OH 45209

Turnkey Restaurant, 3200 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
115
This 3,200 square foot, turnkey restaurant in Cincinnati's Oakley Square is available for sale. Previously a high-end seafood establishment and more recently a Thai/Sushi restaurant, this space boasts extensive recent renovations including a completely new HVAC system, hood system, walk-in coolers, reinforced flooring, and a fully updated kitchen—all paid for by the seller. The lease is significantly below market value. The adaptable décor suits various cuisines. The layout includes two separate dining rooms and a full bar. A shared parking lot is available, with evening leasing generating $540 every three months. All assets, including the Ohio Liquor Permit, are included in the sale. This location benefits from a long history of successful restaurant operations, having been occupied by the same owner for over 35 years prior to the current owner's extensive renovations. The property is located at 4007 Allston St, Cincinnati, OH 45209.

Highlights

  • Turnkey 3,200 SF restaurant in Cincinnati's Oakley Square.
  • Recently renovated with new HVAC, hood system, walk-in coolers, and flooring; fully updated kitchen.
  • $375,000 asking price plus lease assumption; lease below market value, includes water, taxes, and insurance.
  • Lease assignment requires $1M net worth, 5 years experience, $78,000 Letter of Credit; no personal guarantees.
  • Includes all assets, Ohio Liquor Permit, and shared parking lot generating $540/quarter.

Property Details for 4007 Allston St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
3,200 SF

Unit(s) available at that property

Space
Size
3,200 SF
Rate per SF
$330

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.151835
Longitude
-84.433096
4007 Allston St, Cincinnati, Ohio

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4007 Allston St
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