133 WEST FOURTH STREET. Cincinnati, OH

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1 133 WEST FOURTH STREET Cincinnati, OH

2 133 West Fourth Street is a mixed-use building providing an excellent opportunity for investors to acquire an iconic mid-rise in the heart of downtown Cincinnati, Ohio. Additionally, this investment offers a potential purchaser an excellent value-add opportunity. The Six story, 22,968 square foot building is prime for redevelopment. The historic architecture provides some unique features such as exposed brick walls, large historic windows, and classic façade dating back to the 1880 s. The building has been keep up to date and code regarding the cooper wiring, wet sprinkler system, two stair wells (one interior and one exterior fire escape), along with one passenger elevator and one freight elevator. The opportunities for redevelopment of this building are endless and allow investors to put their own stamp on this iconic, downtown building, including but not limited to apartments, a boutique hotel, executive office space, or any mixed-use combination. Located in the core of downtown Cincinnati, 133 West Fourth Street is only 0.2 Miles from Paul Brown Stadium (Home to the NFL Team, Cincinnati Bengals), 0.3 Miles from The Banks (Restaurants and Night life) and The Great American Ballpark (Home to MLB Team, Cincinnati Reds) and 0.7 miles from OTR (Restaurants, Shopping, and Night life). As well the location provides easy access to major interstates such as I-75 and I-71. The property is located across the street from the new proposed 4 th and Race Project. This project will be bring on 225 new apartments to the area as well as shopping and additional parking. 133 W 4 th Street is also conveniently situated about two and a half city blocks from the Cities new Streetcar that connects The Banks, Downtown, Jacks Casino, Over-the-Rhine (OTR), and many other Cincinnati attractions. The University of Cincinnati, founded in 1819, is one of the 50 largest in the United States. Cincinnati is known for its historic architecture. In the late 1800s, Cincinnati was commonly referred to as "Paris of America", due mainly to such ambitious architectural projects as the Music Hall, Cincinnatian Hotel, and Shillito Department Store. The Cincinnati MSA is home to the headquarters to 10 Fortune 500 companies including Procter and Gamble, Kroger, Federated Department Stores (Macy s), Fifth Third Bank, Omnicare, General Operations (GE), and Western Southern Insurance. Cincinnati is primarily a financial center and its economy is not nearly as driven by manufacturing as other cities in the region. Its MSA is the 28 th largest in the nation (2.1 million residents) and is expected to grow 3.30% over the next five years. 7

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4 Property Description BUILDING ADDRESS 133 West Fourth Street, Cincinnati, OH COUNTY Hamilton PARCEL ID SUBMARKET Central Business District YEAR BUILT 1881 RENTABLE AREA 22,968 SF BUILDING STRUCTURE Concrete (1 st and 2 nd Floors) Wood Frame (3 rd Floor and Up) BUILDING EXTERIOR Masonry Brick NUMBER OF STORIES 6 Stories, Basement, Rooftop Terrace ELEVATORS 2 Total Shafts (Including Freight) PARKING SPACES 2 Off-Street Parking Spaces PROPERTY LAND SIZE Acres *UNVERIFIED ROOF Rubber Building Systems HVAC Central Forced Heating and Air 2 Units Per Floor; Condenser on Roof AIR CONDITIONING Central Forced WIRING Copper Utility and Other Service Providers ELECTRICITY Available (Individually Metered) NATURAL GAS Available WATER/SEWER Available (Master-Metered) Safety Systems SMOKE ALARM N/A SPRINKLERS Wet Building/Property Security ELECTRONIC DOOR SYSTEMS ADT Security (Basement, 1 st Floor, Storefront) 11

5 TYPICAL FLOORPLAN 12

6 CURRENT STACKING PLAN 7 6 ROOFTOP TERRACE L (STREET LEVEL) BASEMENT (PROPOSED PARKING) L 13 #

7 PRESENTED BY Nicholas Andrews Senior Associate National Multi Housing Group Cincinnati Office Tel: (513) Fax: (513) License: OH SAL Jordan Dickman Senior Associate National Multi Housing Group Cincinnati Office Tel: (513) Fax: (513) License: OH SAL Joseph DiSalvo Vice President Investments National Office and Industrial Properties Group Indianapolis Office Tel: (317) Fax: (317) License: IN RB Noah Velleca Associate National Office and Industrial Properties Group Cincinnati Office Tel: (513) Fax: (513) License: OH SAL