Sparks Building

630 Race Street Cincinnati, OH 45202

FOR SALE
Property Type:
Street Retail
Amount:
$550,000
Last Verified:
Sep 23, 2020

Highlights

  • -Great location
  • -Great Value Add Purchase for Investors
  • -Elevator
  • -Phenomenal walk traffic

Description

KW Commercial offers this 6 Story investment property. Building holds many investment or owner user capabilities. Building also has a full finished basement. There is an elevator that services all floors as well. Building will require renovation for most usages.

Take 75/71 North to Cincinnati and turn onto W 7th street turn right onto Race Street and your destination is on the left. Only blocks from the Riverfront.

Building Size: 13200.0sq ft
Lot Size: 0.05 acres

Map of 630 Race Street, Cincinnati, OH, 45202

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.