For Sale
$305,000

422 Mcmicken AveCincinnati, OH 45214

Historic building, 2,476 SF, $305,000

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail property at 422 W McMicken Ave in Cincinnati, Ohio, presents a compelling redevelopment opportunity in the thriving Over-the-Rhine (OTR) neighborhood. The 2,476 square foot, three-story building, constructed in 1864, is a stable shell ready for immediate renovation. The asking price is $305,000, translating to $123.18 per square foot. The property sits on a 0.063-acre lot and is zoned RM-0.7, allowing for a variety of development options. Significant advantages include eligibility for historic tax credits and abatements, further enhancing the investment potential. The property also includes an additional 18' x 100' parcel providing valuable off-street parking, a rare commodity in this densely populated area. Located in a rapidly growing neighborhood, this site benefits from its proximity to numerous amenities, including stadiums, bars, restaurants, shopping, and public transportation (bus and streetcar lines). Investors will appreciate the strong rental market and the significant developer interest currently focused on this section of OTR. This is a unique chance to capitalize on the revitalization of a historic Cincinnati landmark.

Highlights

  • 18' x 100' lot with off-street parking.
  • Excellent walkability to numerous amenities.
  • Historic designation offering tax benefits.
  • Building is a shell ready for immediate redevelopment.
  • Located in the thriving Over-the-Rhine (OTR) neighborhood.
  • Convenient access to public transportation (bus & streetcar).

Property Details for 422 Mcmicken Ave

Property type
Retail properties
Square Feet
2,476 SF
Year Built
1864
Lot Size (sq. ft)
2,744 SF

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.1216918
Longitude
-84.5266584
422 Mcmicken Ave, Cincinnati, Ohio

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422 Mcmicken Ave
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