288 Ludlow Ave, Cincinnati, OH 45220
288 Ludlow Ave, Cincinnati, OH 45220,Video Tour
288 Ludlow Ave, Cincinnati, OH 45220
288 Ludlow Ave, Cincinnati, OH 45220
288 Ludlow Ave, Cincinnati, OH 45220
288 Ludlow Ave, Cincinnati, OH 45220
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Mark Peebles

Mark Peebles

+1(937) 572-7111
$ 1,950,000
Est. payment | /mo

12,538 SqFt

Save Virtual Tour
$ 1,950,000
Est. payment | /mo
Save Virtual Tour

12,538 SqFt

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

Virtual Tour https://www.zillow.com/view-imx/fb519649-71f1-4086-a657-0ef215dba4d9?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Cincinnati MLS (CincyMLS)
Listed by Coldwell Banker Realty
Mark Peebles

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(937) 572-7111

mark@peeblesgrp.com

15 Commercial Way, Springboro, OH 45066-3078, USA

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288 Ludlow Ave