Hotel For Sale • 54,300 SF
| ABSOLUTE $1 AUCTION | Cincinnati Adaptive Reuse | Downtown Development Zoning | Tax Credit Eligibility | Hotel Conversion | AUCTION MAY 4-6 |
| ±42,000 SF historic downtown building positioned for adaptive reuse or other redevelopment as a 44-room boutique hotel or alternative multifamily/hosp |
| Prior to undergoing a corporate restructuring, Seller had completed predevelopment with key approvals advanced, tax credits approved, and construction |
| Included in the Sale is all documentation related to Seller’s planned 44-key boutique hotel: full set of previously approved Construction Drawings |
| Located in a Federal Qualified Opportunity Zone and designated historic by the National Park Service, creating a compelling redevelopment |
| Site qualifies for a host of public financing initiatives and tax credits including but not limited to: State Historic Preservation Tax Credits |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Cincinnati Union Terminal (Cardinal - Amtrak) | 5 min | - | 1.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Fountain Square Station - 5Th & Walnut (Streetcar - OTR - Banks - Southwest Ohio Regional Transit Authority) | 2 min | 5 min | 0.3 mi |
| 247 Telemarketing Station - 4Th & Main (Streetcar - OTR - Banks - Southwest Ohio Regional Transit Authority) | 2 min | 5 min | 0.3 mi |
| The Banks Station - 2Nd & Main (Streetcar - OTR - Banks - Southwest Ohio Regional Transit Authority) | 1 min | 6 min | 0.3 mi |
| Richter & Phillips Station - 6Th & Main (Streetcar - OTR - Banks - Southwest Ohio Regional Transit Authority) | 2 min | 9 min | 0.5 mi |
| Aronoff Center Station - 7Th & Walnut (Streetcar - OTR - Banks - Southwest Ohio Regional Transit Authority) | 3 min | 9 min | 0.5 mi |
| Airport | Drive | Walk | Distance |
| Cincinnati/Northern Kentucky International | 26 min | - | 13.9 mi |