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5700 Highland Avenue, Elmwood Place, OH 45216$110,000

Beds: 0 Baths: Days on Site: 137 MLS#: 1877163 View Map

Comments for 5700 Highland Avenue, Elmwood Place, OH 45216

Mixed-use corner asset offering substantial value-add potential. Ground floor consists of an operating retail space with beer, wine, and lottery licenses in place (inventory sold separately) and a studio residential unit. The second floor includes two 2-bedroom, 1-bath units. The studio is in non-finished condition and requires full renovation. The second-floor units have been stripped to the studs and are ready for full redevelopment. Full basement provides additional utility space, housing mechanical systems, storage, and infrastructure to support both commercial and residential components. Separate meters for each unit. Property is being sold as-is. Ideal for an experienced investor seeking to reposition and maximize income across both commercial and residential components. Buyer to verify zoning, permitted uses, and transferability of licenses.

Property Type: Commercial - Investment Lot Size: 0.06 Acres
Basement: Yes Parcel #: 661-0004-0044-00
Basement: Full Parking: Private, Public, Off Site
Cooling: Wall Unit Road Frontage: City
Days on Site: 137 Roof Type: Shingle, Composition
Exterior: Brick, Stone Sewer: Public Sewer
Exterior Features: Sidewalks, Lights Site: Freestanding, Residential Area
Flooring: Concrete, Wood Stories: 2.0
Foundation: Poured Total Buildings: 1
Gas: Natural Water: Public
Heating: Forced Air, Gas Year Built: 1920
Lot Dimensions: 37.07 x 128.86 IRR  

Listed By

Agency Name: Plum Tree Realty
Agent Name: Svetlana Petrova
Agency Phone: 513-443-5060

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Hamilton County Demographic Information for 5700 Highland Avenue, Elmwood Place, OH 45216

Fips
Fips Code39061
Population
2020 to 2025 Changeup 0.9%
2010 Count802,374
2020 Count830,639
2025 Estimate (V2025)838,418
2020 Estimate (V2025)830,628
Age Distribution (Years Old)
0 to 46.1%
5 to 1722.6%
18 to 6454.0%
65 and Older17.3%
Gender
Male48.6%
Female51.4%
Place of Birth
Foreign6.3%
US93.7%
Education
High School Graduate, Age 25+92.7%
Bachelor's Degree or Higher, Age 25+41.8%
Computer and Internet use
Households with a computer95.1%
Households with a broadband Internet subscription91.3%
Language
English is Second Language, Age 5+8.1%
English is First Language, Age 5+91.9%
Veterans
Veterans34,838
Income
Per Capita Income$45,936
Median Household Income$72,470
People in Poverty14.2%
Commute
Average Work Commute Time23 minutes
Housing
Total Housing Units381,690
Households354,739
Average Household Size2.29
Owner-Occupied59.3%
Multi-Family35.8%
Owner-Occupied Median Value$241,900
Median selected monthly owner costs -with a mortgage$1,673
Median selected monthly owner costs -without a mortgage$707
Median gross rent$1,075
Building Permits
New Private Housing Issued 2024822
Years at Residence
1 Year or More86.3%
Less Than 1 Year13.7%
Business and Employment
Private non-farm Establishments21,087
Private non-farm Employment529,211
Private non-farm Employment Growthdown 1.0%
Nonemployer Establishments66,999
Number of Firms14,937
Business Production
Value of Shipments$23,656,887,000
Wholesale Trade$16,309,476,000
Retail Trade$13,273,606,000
Retail Sales Per Capita$14,411
Accommodation and Food Services$2,445,265,000
Land
Land Area405.91 sq. miles
Population Per Square Mile1,977
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Jon Glista
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Text: (937) 620-8913

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Mortgage Payment Calculation for 5700 Highland Avenue, Elmwood Place, OH 45216

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $709.87 / per month

(Payments are an estimate and may vary by lender)

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