288 Ludlow Ave, Cincinnati, OH 45220
288 Ludlow Ave, Cincinnati, OH 45220,Video Tour
288 Ludlow Ave, Cincinnati, OH 45220
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Realistar Real Estate Services

Realistar Real Estate Services

+1(614) 655-1600
$1,950,000
Est. payment /mo
12,538 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,538 sqft

Price per Sqft $155

MLS Listing ID 1888226

Year Built 1910

Lot Size 10,223 Sqft

Lot Dimensions of record

Property Sub-Type Commercial

Source Cincinnati Multiple Listing Service

Property Description

Premier mixed-use investment opportunity in the heart of Cincinnati's Clifton Gaslight District. Positioned at the signalized, high-visibility corner of Clifton and Ludlow Avenues between Skyline Chili and Dewey's Pizza, this landmark 12,538 SF asset delivers a compelling combination of stable cash flow, irreplaceable location, and value-add potential. Built in 1910, the property features a first-floor restaurant occupied by J. Gumbo's, eight well-maintained residential units (2 lofts, 3 one-bedroom, and 3 two-bedroom apartments), 21 dedicated parking spaces, an on-site laundry room, and a large basement. Strong tenant demand, long-term occupancy, and below-market apartment rents provide an opportunity to increase future income. Trophy assets in this premier urban neighborhood rarely become available, making 288 Ludlow Avenue an exceptional opportunity for investors seeking a high-quality, income-producing property with long-term appreciation potential.

Location

State OH

County Hamilton

Area Hamilton-E01

Zoning Multi Family,Business

Rooms

Basement Full

Interior

Interior Features Display Window

Heating Baseboard, Forced Air

Cooling Central Air, Window Unit

Flooring Carpet, Wood

Exterior

Exterior Feature Sidewalks, Lights

View Y/N No

Water Access Desc Public

Roof Type Membrane

Road Frontage City

Building

Faces use gps

Foundation Poured

Sewer Public Sewer

Water Public

New Construction No

Others

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Cincinnati MLS (CincyMLS)
Listed by Coldwell Banker Realty

Nearby Locations

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Realistar Real Estate Services

Realistar Real Estate Services

+1(614) 655-1600

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