412 Central Ave

412 Central Avenue sits at the corner of Central Avenue and Perry Street on the west side of Cincinnati’s Central Business District, one of the most active redevelopment corridors in the urban core. The property is steps from the First Financial Convention Center, which recently completed a major renovation and is being joined by a new adjacent convention headquarters hotel. Together they are driving visitor traffic, hospitality demand, and new investment into the surrounding blocks. Central Avenue provides direct connectivity north to Over-the-Rhine and south to The Banks and the riverfront, with immediate access to I-75, I-71, and Fort Washington Way placing the site within minutes of the entire Cincinnati/Northern Kentucky region. The immediate trade area is dense, affluent, and highly educated. Within a 1-mile radius there are 16,846 residents across 9,227 households, with an average household income of $113,802, and 56% of adults hold a bachelor’s degree or higher.Astonish Commercial Real Estate Services is pleased to present 412 Central Avenue, an approximately 18,741 SF freestanding retail/office building offered for sale in downtown Cincinnati at an asking price of $1,365,000 ($73/SF). Originally built in 1925 and renovated in 2018, the four-story (3+Basement) brick building sits on 0.14 acres. It is zoned DD (Downtown Development), which supports a broad range of commercial uses, and was most recently occupied by Rebel Mettle Brewery and Birdcage. The property is a rare owner/user opportunity in the urban core. Its defining feature is a multi-level car/freight elevator accessible directly from the street through a roll-up door, rarely found downtown and a significant draw for automotive, showroom, event, production, and hospitality users. Updated mechanicals and recent improvements reduce near-term capital requirements. The open, creative floor plates and existing build-out offer a lower cost to occupy for users with a business model similar to the previous tenants. Delivered vacant and positioned at the doorstep of the Convention Center district, 412 Central Avenue offers a user the chance to own a distinctive downtown building as investment continues to reshape the surrounding blocks.