Investment Overview
Two-building retail and owner-user opportunity located at 11905 Hamilton Avenue and 2350 W. Kemper Road in Colerain Township. The offering consists of approximately 10,512 SF of owner-reported building area situated on approximately 1.30 combined acres.
11905 Hamilton Avenue consists of approximately 2,562 SF and is currently occupied by Prather Karate, providing existing rental income. The property offers approximately 14 parking spaces.
2350 W. Kemper Road consists of approximately 7,950 SF and is currently occupied by True Value Hardware. The building features approximately 6,928 SF of retail area, a private office, lunchroom, approximately 640 SF garage, and approximately 2,200 SF of fenced, partially covered outdoor storage. Approximately 23 parking spaces serve the property. True Value is not expected to remain long term, creating an opportunity for an owner-user, replacement tenant, investor, or repositioning strategy.
Together, the properties offer existing income, approximately 37 combined parking spaces, retail and service flexibility, garage functionality, and valuable outdoor storage. The offering provides a compelling opportunity for an owner-user seeking additional income or an investor looking to reposition currently underutilized space and capture potential rent upside.
The asking price includes the real estate as well as the operating hardware store business and applicable business assets associated with this location only.
All building areas, acreage, parking counts, lease information, income, zoning and other property information are based on owner-provided information and available public records and should be independently verified by prospective purchasers.
Investment Highlights
- Two freestanding retail buildings totaling approximately 10,512 SF
- Approximately 1.30 combined acres
- Asking price includes the real estate and operating hardware store business
- Existing month-to-month rental income.
- Approximately 37 combined surface parking spaces
- Approximately 25,000 vehicles per day
- 12- to 14-foot ceiling heights
- Approximately 6,928 SF of retail space in the larger building
- Approximately 640 SF garage with functional service and storage capability
- Approximately 2,200 SF of fenced, partially covered outdoor storage
- Owner-user opportunity with supplemental income from the second building
- Potential replacement-tenant and rental-rate upside
- Multiple potential retail, service, showroom, contractor, or specialty-use strategies
- Central HVAC and handicap-accessible premises
- Convenient access to Interstate 275
- Established Hamilton Avenue commercial corridor
- Population of approximately 9,402 within one mile
- Average household income of approximately $92,636 within one mile