Parkland Theatre 6550 Parkland Ave

6550 Parkland Ave , Cincinnati, Ohio, 45233 | 10,632 sq.f | $ 1,500,000

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About This Restaurant

Investment Highlights

3 business investment opportunity! Restaurant/Sports Pub, Movie Theatre and apartments Fully renovated and updated property, including HVAC, electrical, and roofing Well maintained and managed business with long term ownership Includes operational marquee

Executive Summary

3 Business investment opportunity. Property includes Movie Theatre, Sports Pub w/liquor license, and 4 rental apartments. This Movie Theater is the longest running theater in Tri-State area. The Pub has been fully renovated - all new electric. An investor looking to diversify with owning one property with 3 unique business opportunities!

Property Details

  • Sale Type    Investment
  • Sale Condition    Bulk/Portfolio Sale
  • Property Type    Retail
  • Property Subtype    Movie Theatre Movie Theatre General Retail Bar General Retail Restaurant General Retail Storefront Retail/Residential Movie Theatre
  • Building Size    10,632
  • Year Built/Renovated    1894/2022
  • Price    1,500,000
  • Price Per SF    141
  • Cap Rate    11.67
  • NOI    175,000
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    1.06
  • Land Acres    0.23 AC

Property Taxes

Parcel Number 165-0002-0098 Improvements Assessment $11,739 (2023)
Land Assessment $74,018 (2023) Total Assessment $(1) (0.00/SF)
Date Created: 2024-07-16 04:18:07 Last Updated: 2024-07-16 04:18:07
Address: 6550 Parkland Ave , Cincinnati, Ohio, 45233