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33 W 4th St
Cincinnati, OH 45202 City Center

$125,000 USD

Hotel For Sale  •  54,300 SF

Property Details

  • Property Type Hotel
  • Total Building Size 42,000 SF
  • Lot Size 0.24 AC
  • Building Class B
  • Year Built 2029
  • Zoning C
90 Transit Score
100 Walk Score

Highlights

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

Amenities

  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Cincinnati Union Terminal (Cardinal - Amtrak) 5 min - 1.8 mi
Transit/SubwayDriveWalkDistance
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
AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 26 min - 13.9 mi
Adam Sklaver 301-706-4619 Marcus & Millichap
Adam Sklaver 301-706-4619 Marcus & Millichap