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288 Ludlow Avenue, Cincinnati, OH 45220

$1,950,000
  • 288 Ludlow Avenue, Cincinnati, OH 45220 Main Photo

59 Photos

Active
SQUARE FEET12,538 MLS#1888226
STATUSActive PROPERTY TYPECommercial - Business

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.

288 Ludlow Avenue | MLS# 1888226

This commercial property located at 288 Ludlow Avenue, Cincinnati, OH 45220 is currently listed for sale with an asking price of $1,950,000. Search Cincinnati real estate on www.brokerjay.com today.

Property Features

Property Type: Commercial - Business
Basement: Full
Basement: Yes
Cooling: Central Air, Window Unit
Fenced: Yes
Heating: Baseboard, Forced Air
Lot Size: 0.23 Acres
Roof Type: Membrane
Year Built: 1910

Amenities

Display Window
Sidewalks
Lights

Feature Descriptions

Days on Site: 29
Exterior: Brick
Flooring: Carpet, Wood
Foundation: Poured
Gas: Natural
Lot Dimensions: of record
Owner Pays: Taxes, Gas, Water, Sewer, Insurance, Internal Maintenance, External Maintenance, Common Area Maint, Trash Removal, Other
Parcel #: 217-0050-0092-00
Parking: Private, Lot, Onsite, On Street, Assigned, Asphalt, Fenced
Road Frontage: City
Sewer: Public Sewer
Site: Business District, Multi-Tenant, Residential Area, Commercial Area
Tenant Pays: Electricity
Total Buildings: 1
Water: Public

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agent Name: Laura Benson
Agency Phone: 513-321-9944

agent picture

Shown By

Agent Name: Jay Mattlin
Agent Phone: (740) 974-4190 Cell
Agency Title: Key Realty

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