7609-7611 Hamilton Ave 5,710 SF 100% Leased Retail Building Cincinnati, OH 45231 $617,420 CAD ($108.13 CAD/SF) 9% Cap Rate
EXECUTIVE SUMMARY
This is a great little passive commercial ownership opportunity in Mt. Healthy. There are two commercial tenants and two apartment rental tenants, all four of which are on lease contracts. The main tenant is the Little Dutch Bakery which has been a mainstay in the area. It has a new owner as of 2022 and it continues to attract customers from the area with its familiar bakery products. The building, built in 1954 is two stories with the Commercial customers on the first floor and the rental units on the 2 nd . Total Square feet of approximately 5,710.
A new roof area in the back area of the bakery has been just installed in the Winter of 2025. The remainder of the roof in the north and south sections have been updated in the past couple years. This is a great opportunity for someone wanting passive income at a CAP rate projected at 9%
A new roof area in the back area of the bakery has been just installed in the Winter of 2025. The remainder of the roof in the north and south sections have been updated in the past couple years. This is a great opportunity for someone wanting passive income at a CAP rate projected at 9%
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,710 SF
Year Built
1954
Price
$617,420 CAD
Price Per SF
$108.13 CAD
Cap Rate
9%
NOI
$55,568 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.13 AC
Parking
6 Spaces (1.05 Spaces per 1,000 SF Leased)
Frontage
41’ on Hamilton Ave
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 593-0003-0139 | Improvements Assessment | $67,308 CAD |
| Land Assessment | $15,890 CAD | Total Assessment | $83,198 CAD |
