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401 W Loveland Ave - Endless Opportunites!

1,314 SF Retail Building Offered at $849,000 in Loveland, OH

Highlights

  • 1,314 square foot brick and mortar shell including 54 coveted parking spaces, great visibility, and located nearby to downtown Historic Loveland.
  • The parking spaces can be metered to make for 24 hour revenue due to limited parking in downtown Loveland.

Investment Summary

Amazing opportunity in Downtown Loveland. One of Cincinnati's fastest growing communities. Currently is a family owned dry cleaning business. Building will be brick shell once vacated with a greeting space and 1 half bath and second bath can easily be re-installed. Property also has ability to host 54 parking spots. Walk to downtown Loveland. Not in the historical district not in flood plain. Zoned O-R with countless "conditional" uses. The possibilities are endless for this property. Retail space, office space, cafe', Pub, coffee shop, studio, restaurant….Building is 1314 Sq feet of charming possibility! Dry cleaning business is staying local and in Loveland seller is excited about their business growth and ready to look at an offer. Can accommodate quick occupancy.

The Offering

  • Listing ID: 15081833
  • Date Created: 2/5/2019
  • Last Updated:

ABOUT 401 W Loveland Ave , Loveland, OH 45140

Schutte's Dry Cleaners has been a highly successful family owed business in Loveland and they are “busting at the seams”. They will be staying in Loveland continuing to service all of their loyal clientele. This property has endless possibilities and will be a brick and mortar shell once sellers have vacated. The parking spaces can be metered to make for 24 hour revenue due to limited parking in downtown Loveland. This building is NOT in the historical district and is NOT in a flood plain. It is an easy walk across the bridge to all downtown Loveland has to offer. Surrounded by what is quickly becoming Loveland's Business district.

TRADE AREAS

Talent Base and Commute Times

1 mile 1 mi 3 mile 3 mi 5 mile 5 mi
1 Mile
3 Mile
5 Mile
Total Population
5,673
45,384
99,100
2010 Population
4,173
42,942
92,666
2024 Population
6,025
46,606
102,258
Employees
1,805
11,892
55,719
Total Businesses
267
1,265
4,048
Average Household Income
$81,390
$113,598
$118,036
Median Household Income
$58,134
$89,065
$91,112
Total Consumer Spending
$58M
$547.01M
$1.2B
Median Age
35.6
39.1
39.7
Households
2,179
17,270
37,162
Percent College Degree or Above
19%
28%
29%
Average Housing Unit Value
$243,676
$307,500
$313,204

Traffic

Collection Street Cross Street Traffic Vol Year Distance
W Loveland Ave Railroad Ave, NW 9,393 2018 0.28 mi
Jackson 13,802 2015 0.28 mi
S 2nd St O Bannon Ave, SW 5,787 2018 0.29 mi
N 2nd St Harrison Ave, SW 7,801 2018 0.35 mi
E Broadway St Broadway St, NW 7,217 2018 0.37 mi

Airport

Drive Distance
Cincinnati/Northern Kentucky International Airport
56 min 39.1 mi
Walk Score ®
60
Somewhat Walkable
Bike Score ®
71
Very Bikeable
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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