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$1,950,000

288 Ludlow Avenue, Cincinnati, OH 45220

11 baths
12,538 sqft
Commercial Sale
Built in 1910
0.23 acres
7 days on market
MLS# 1888226
$156/sqft

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

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