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1500 Race St

Cincinnati, OH 45202
  • $1,750,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: 1788449
UPDATED: 49 min ago
$1,750,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,252
    SQFT
  • $333
    $/SQFT
Type:
Commercial
Built:
1895
County:

School Ratings & Info

School District:
MLS of Greater Cincinnati logo

Description

Rare opportunity to purchase a mixed-use building with a turn-key restaurant space with development opportunities on the upper floors in a highly desirable Over the Rhine location! Located on the Streetcar line and a few short blocks from Washington Park, Music Hall, Vine Street, TQL Stadium, and Findlay Market. This is an extremely attractive location with phenomenal visibility, high foot traffic & a diverse customer base. The restaurant space consists of 1561 square feet on both the first level and basement, along with enclosed private courtyard & promenade seating area leased from the City. 3691sf of unfinished upper levels present an excellent opportunity for expansion of the restaurant or developing it into residential or office space. All existing restaurant FF&E and D5-D6 liquor license are included in the sale. There is an existing CRA Tax Abatement to payable 2026. The building is zoned CC-P and allows for a multiple of uses on the upper floors.

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MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Draznik Group | Coldwell Banker are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Draznik Group | Coldwell Banker. Data last updated 2023-12-07T22:13:42.897.
www.draznikgroup.com/homes/144894348
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1500 Race St Cincinnati, OH 45202

  • Price: $1,750,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 49 min ago
  • ID#: 1788449
0
Beds
0
Baths
0
½ Baths
0.04
Acres
5,252
SQFT
$333
$/SQFT
1895
Built
County:
Hamilton
School District:
Cincinnati Public Schools
Property Description
Rare opportunity to purchase a mixed-use building with a turn-key restaurant space with development opportunities on the upper floors in a highly desirable Over the Rhine location! Located on the Streetcar line and a few short blocks from Washington Park, Music Hall, Vine Street, TQL Stadium, and Findlay Market. This is an extremely attractive location with phenomenal visibility, high foot traffic & a diverse customer base. The restaurant space consists of 1561 square feet on both the first level and basement, along with enclosed private courtyard & promenade seating area leased from the City. 3691sf of unfinished upper levels present an excellent opportunity for expansion of the restaurant or developing it into residential or office space. All existing restaurant FF&E and D5-D6 liquor license are included in the sale. There is an existing CRA Tax Abatement to payable 2026. The building is zoned CC-P and allows for a multiple of uses on the upper floors.
Exterior Features

Construction Materials Brick Entry Level 3 Foundation Details Stone Levels Three Or More Lot Size Dimensions 33x56 Roof Shingle Structure Type Mixed Use

Interior Features

Basement FullConcreteFinished Window Features Aluminum FramesPicture Window(s)

Property Features

Association Fee 0 Association Fee Frequency Monthly Business Type Restaurant Lease Considered YN No Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 5396 Utilities Natural Gas Connected Water Source Public Zoning Types Commercial

MLS of Greater Cincinnati logo © 2023 MLS of Greater Cincinnati, Inc. All rights reserved. Listing courtesy of Coldwell Banker Realty, 513-321-9944 and William Draznik, . Information deemed reliable but not guaranteed.
MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Draznik Group | Coldwell Banker are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Draznik Group | Coldwell Banker. Data last updated 2023-12-07T22:13:42.897.
 
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Draznik Group | Coldwell Banker
2721 Erie Avenue
Cincinnati OH, 45208
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