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$1,950,000
288 Ludlow Avenue, Cincinnati, OH 45220
About this home
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.
Facts & features
Interior
- Bathrooms
- 11
- Square Feet
- 12,538
Property
- Property Type
- Commercial Sale
- Year Built
- 1910
- Lot Size
- 0.23 acres
Listing details
- Price
- $1,950,000
- Status
- Active
- Days on Market
- 7
- MLS Number
- 1888226
- Listing Agent
- Laura Benson
- Brokerage
- Coldwell Banker Realty
Features
- Style
- Commercial
- Basement
- Full
- Heating
- Baseboard, Forced Air
- Cooling
- Window Unit(s), Central Air
- Roof
- Membrane
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45220
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