114 8Th StCincinnati, OH 45202

  • Office buildings
  • 16,400 SF
For Lease
$22/SF/YR View listing

Property Details for 114 8Th St

Year built
1905
Lot size
0.05 AC
Property size (Sq ft)
16,400 SF
Property type
Office buildings
APN
079-0001-0038-00
APU
790001003800

Description

This exceptional office property, located at 114 E 8th St in Cincinnati, OH, presents a rare opportunity to lease high-quality space in the heart of the city's vibrant downtown core. Built in 1905, this four-story building boasts a total of 16,400 square feet, with 7,000 square feet currently available for lease. The building offers a mix of executive and traditional office spaces, perfect for a variety of business needs. Two contiguous suites are immediately available: a 3,000 square foot space on the second floor and a 4,000 square foot space on the fourth floor. The property is situated in Hamilton County, offering easy access to major transportation routes and amenities. The lease is a full-service gross lease, with a competitive rate of $22.00 per square foot. This is an ideal location for businesses seeking a prestigious address and convenient access to the city's bustling commercial district. The building's classic architecture and modern amenities combine to create a sophisticated and productive work environment. Don't miss this chance to secure your business's future in this highly sought-after location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,411,374
    6.5%
    $1,302,807
    7%
    $1,209,749
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,036,716
    Geo Method
    $2,036,716
  • Alternative Use

    Use
    Valuation
    Residential
    $1,615,481
    Hospitality
    $1,479,772
    Educational
    $1,231,153
    Medical
    $1,273,494
    Retail
    $1,915,126

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.105
Longitude
-84.5116
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,152
$57,032
$240,089
$297,121
-
$162,950
$685,970
$848,920

FAQs

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