8 4 Cincinnati OhCincinnati, OH 45202

For Sale
$799,000

8-Unit Value-Add Opportunity in Downtown Cincinnati

Overview

Added:
Dec 11, 2024
Days on market:
90
This 8-unit apartment building at 8 West Fourth, Cincinnati, OH 45202, presents a unique value-add investment opportunity. Located in a prime downtown location, this historic five-story building (10,840 net rentable square feet) offers significant potential. Currently vacant, the property requires major rehabilitation, but boasts high ceilings and a large skylight on the top floor. Built in 1850, the property is situated within an Opportunity Zone and is eligible for historic tax credits and tax abatement programs. Complete architectural, MEP, and structural plans are pending final approval, allowing for flexible development into apartments, condos, Airbnb units, or office space. The first floor must be commercial use, per zoning (First Floor has to be retail/upper can be office, apartments, etc.). The building's proximity to Fountain Square, The Banks, stadiums, and several Fortune 500 companies makes it an exceptionally desirable location. This is a truly unique chance to capitalize on government incentives and create a high-return investment in a thriving urban core. The property is currently listed at $799,000. APN: 083-0001-0035-00.

Highlights

  • Prime location near Fountain Square, Banks, and Stadiums.
  • Build-to-suit opportunities available.
  • Government funding opportunities available.
  • Excellent walkability to Fountain Square, Banks, and Stadiums.

Property Details for 8 4 Cincinnati Oh

Property type
Multifamily properties, Apartment buildings
Class
C
Year Built
1850
Buildings
1
Stories
5
Units
8

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.1000324
Longitude
-84.5131069
8 4 Cincinnati Oh, Cincinnati, Ohio

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8 4 Cincinnati Oh
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