4503 W Eighth Street, Cincinnati, OH 45238 - Photo 1

1/1

$1,100,000

Sold
Closed
Commercial Institutional
Updated 8 days ago

1/1

Property Description

Very Strong 3 Tenant, Busy Neighborhood Strip Center, with an Attractive Cap Rate and NOI for Investors NOI - $108,884 Cap Rate - 8.38% Located between the neighborhoods of Western Hills, Price Hill and Delhi 100% Occupied and Stabilized Parking Lot was resealed in Summer 2024 Tenants; Shangri-La Marijuana Dispensary, brand new tenant to the center, complete renovation to the space with over $500k in added improvements including new HVAC, electrical, plumbing, and other fixtures. (3) 5-year extension options currently remaining, 3% annual bumps Papa Johns, long-time tenant of the center for 25+ years, currently on their last option on the current lease, 3% annual bumps Shamrock Coin Laundry Laundromat, long-time tenant of the center for 20+ years, (1) 5-year extension option remaining on current lease, 3% annual bumps

Full Property Details

Full Property Details for 4503 W 8th St

General

Sold For: $1,100,000
Status: Closed
Type: Commercial Institutional
Source: Cincinnati
MLS ID: 1852517
Added to Site: 203 day(s) ago

Business

Business Type: Retail

Interior

Flooring: Vinyl

Parking

Parking: Public, On-Street Parking, Asphalt

Location

Area: Price Hill
County: Hamilton
Cross Streets: Pedretti Ave
Location Details: Business District, Shopping Strip, Freestanding, Multi-Tenant, Residential Area, Commercial Area

Heating & Cooling

Central air: Yes
Cooling Type: Central Air Conditioning
Heating Type: Central
Heating Fuel: At Street

Utilities

Sewer: Public Sewer
Water: At Street

Structural Information

# Buildings: 1
Architectural Style: One Story
Construction: Block, Concrete
Basement Desc.: None
Foundation: Slab
Roof: Membrane
Stories/Levels: One
Current Bldg. Use: Commercial, Food Service, Franchise, Grocery/Pony, Medical/Dental, Multi-Tenant, Restaurant, Shopping Center, Special Purpose, Other
Year Built: 1966

Lot Features

Lot Size (Acres): 0.354
Lot Size (Sq. Ft.): 15,420
Lot Access: Public
Zoning: Business, Commercial

Disclosures and Reports

Documents Avail.: Aerial Photo, Site Plan, Rent Roll
Rentals Allowed: Yes

Listed by Dwyer Commercial Real Estate (513) 784-1776, Zachary Timon
Sold by Plum Tree Realty (513) 443-5060, Madhu Sanakari

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Listing agent

— 4503 W 8th St —

Zachary Timon

Dwyer Commercial Real Estate

513-784-1776

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Schools

Schools serving 4503 W 8th St

School District:Cincinnati City School District

Name	Grades	Distance
Carson Elementary School, Cincinnati, OH 4323 Glenway Avenue, Cincinnati, OH 45205	PK-6	0.8 mi
Aiken New Tech High School 5641 Belmont Avenue, Cincinnati, OH 45224	7-12	6.3 mi
Walnut Hills High School 3250 Victory Parkway, Cincinnati, OH 45207	7-12	6.8 mi
Gilbert A. Dater High School 2146 Ferguson Road, Cincinnati, OH 45238	7-12	1.1 mi
Western Hills University High School 2144 Ferguson Road, Cincinnati, OH 45238	7-12	1.1 mi
Robert A. Taft Information Technology High School 420 Ezzard Charles Drive, Cincinnati, OH 45214	7-12	4.1 mi
Withrow University High School 2488 Madison Road, Cincinnati, OH 45208	7-12	8.2 mi
Woodward Career Technical High School 7005 Reading Road, Cincinnati, OH 45237	7-12	9.1 mi
Shroder Paideia High School 5030 Duck Creek Road, Cincinnati, OH 45227	7-12	10.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4503 W 8th St

Date

Details

Price

Change

Source

3/03/2026

Sold

$1,100,000

-15.32%

MLS

8/21/2025

Listed

$1,299,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4503 W Eighth Street, Cincinnati, OH 45238 (MLS# 1852517) is a Commercial Institutional property that was sold at $1,100,000 on March 03, 2026. Want to learn more about 4503 W Eighth Street? Do you have questions about finding other Commercial Institutional real estate for sale in Price Hill? You can browse all Price Hill real estate or contact a Coldwell Banker agent to request more information.

4503 W 8th St Cincinnati, OH 45238