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$ 825,000
Est. payment | /mo
0.6 Acres Lot
$ 825,000
Est. payment | /mo
0.6 Acres Lot
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Wades Est Sub
MLS Listing ID 1877768
Annual Tax Amount $1,937
Lot Size 0.605 Acres
Lot Dimensions IRR
Property Sub-Type Investment
Source Cincinnati Multiple Listing Service
Property Description
Turnkey boat & RV storage facility in Cincinnati's East End - minutes from the Ohio River, Lunken Airport, and Columbia Tusculum. (3) contiguous parcels totaling (27) currently leased units: (24) covered carport bays, (2) enclosed bays, and (1) climate-conditioned workshop currently producing $87,600 in annual gross income. Operates in a chronically under-supplied Midwest niche where dedicated RV/boat storage is scarce and demand is steady year-round. Significant upside through (a) below-market rents, (b) expansion capacity for (4) additional carport bays, and (c) re-utilization of existing corner retail building, or tear-down/replace with up to (3) new enclosed bays. Ideal for an owner-operator or investment buyer seeking cash flow with a clear value-add roadmap.
Location
State OH
County Hamilton
Area Hamilton-E04
Zoning Commercial
Rooms
Basement Not Applicable
Interior
Heating Not Applicable
Cooling Not Applicable
Flooring Not Applicable
Exterior
Exterior Feature Full Fenced, Outside Storage
View Y/N No
Water Access Desc Public
Roof Type Metal
Road Frontage City
Building
Faces Wilmer to corner of Kellogg & Wilmer
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Listed by eXp Realty
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