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6811 Grace Avenue, Cincinnati, OH 45227$750,000

Sq. Feet: 3,525 Days on Site: 6 MLS#: 1874974 View Map

Comments for 6811 Grace Avenue, Cincinnati, OH 45227

Turnkey, income-producing opportunity w/ three businesses under one roof. Package includes a fully operating pizza restaurant, a professional 4-station hair salon & a lottery/check-cashing businessall being sold together. The restaurant features a fully operational, commercial-grade kitchen with a liquor license, along with major recent upgrades including a new double door fridge & freezer, fryer & a $7k fire suppression system. The salon has been recently renovated offering great rental income potential to the next owner. Large side lot provides coveted, hard-to-find parking for the area adding significant value for both customers & tenants. No active leases in place, there is a rare opportunity to bring in new tenants at market rent or operate all three businesses yourself. Grace Avenue is also set to undergo a complete road overhaul this summer. Same owner since 1984. Includes two parcels: 520-0171-0153-00 and 520-0171-0154-00.

Property Type: Commercial - Business Lot Size: 0.27 Acres
Basement: None Parcel #: 520-0171-0153-00
Cooling: Central Air Parking: Lot, Asphalt
Days on Site: 6 Roof Type: Shingle
Exterior: Vinyl Siding Sewer: Public Sewer
Flooring: Vinyl Stories: 1.0
Foundation: Poured Total Buildings: 1
Gas: Natural Water: Public
Heating: Forced Air, Gas Year Built: 1950
Lot Dimensions: 112.79x1 26.40  

Listed By

Agency Name: Keller Williams Advisors
Agency Phone: 513-766-9200
Agent Name: Rachael Seidel

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 6811 Grace Avenue, Cincinnati, OH 45227

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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Mortgage Payment Calculation for 6811 Grace Avenue, Cincinnati, OH 45227

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $4,840.01 / per month

(Payments are an estimate and may vary by lender)

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