250 5Th StCincinnati, OH 45202

Property Details for 250 5Th St

Lot size

0.05 AC

Property type

Office buildings

APN

078-0002-0042-00

APU

780002004200

Description

Columbia Plaza, a 29-story building formerly known as the Chiquita Center, offers executive office suites in the heart of Cincinnati, Hamilton County. This prime location boasts stunning views of the city skyline from the 15th floor, providing a prestigious address for your business. The building features a total of 8,897 square feet, with 3,338 square feet currently vacant and available for lease. Spaces range from a minimum of 25 square feet to a maximum contiguous space of 280 square feet, accommodating various business needs. Multiple tenancy options are available. Building amenities include private offices, team rooms, high-speed internet, telephone answering services, mail collection, an equipped kitchen, day offices, and meeting rooms. Daily janitorial services are provided, and spaces can be furnished or unfurnished to suit individual preferences. A highly professional atmosphere is maintained, supported by an on-site manager and support staff. Scalable solutions are offered for individuals and teams, with on-site billing available. The building's proximity to major corporations like Procter & Gamble, Kroger, and Macy's, as well as cultural attractions such as the Cincinnati Art Museum and Carew Tower, adds to its appeal. This is an exceptional opportunity to establish your business in a vibrant and convenient location. Currently, 22 spaces are available.

• CAP approach

  CAP return

  Valuation

  6%

  $186,020

  6.5%

  $171,711

  7%

  $159,446

• Comparable approach

  Method

  Valuation

  Relative Method

  $254,217

  Geo Method

  $254,217

• Alternative Use

  Use

  Valuation

  Residential

  $212,922

  Hospitality

  $195,035

  Educational

  $162,267

  Medical

  $167,848

  Retail

  $252,415

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.1021

Longitude

-84.5089

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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