Address: 1613 Walnut St, Cincinnati, OH 45202, USA
- MG-T zoning provides broad development flexibility across multifamily, mixed-use residential/commercial, and live-work configurations
- 1890-era historic structure with potential eligibility for Federal and Ohio Historic Tax Credits, meaningfully improving project-level economics for a substantial rehabilitation
- Located on Walnut Street — a primary OTR arterial with direct CBD connectivity, high foot traffic, and a well-established surrounding retail and dining corridor
- Designated Opportunity Zone — qualifying buyers may receive potential tax benefits
- Positioned between the CBD and Uptown employment corridor, maximizing the addressable renter pool for any multifamily or mixed-use program
- Subject To Lender Approval
Property Description
1613 Walnut St., Cincinnati, OH 45202 presents a rare chance to acquire a vacant historic redevelopment opportunity in the heart of Over-the-Rhine. This 1890-era building offers approximately 3,504 SF on a 0.042-acre site along Walnut Street, one of OTR’s key corridors with strong connectivity to Downtown Cincinnati and the Uptown employment hub. Positioned in one of Cincinnati’s most walkable and dynamic neighborhoods, the property is in close proximity to established retail, dining, entertainment, and ongoing revitalization. MG-T zoning allows for a range of potential uses, including multifamily, mixed-use, residential-over-retail, live-work, and light commercial concepts. The asset is located within an Opportunity Zone and may also offer potential historic tax credit upside, creating compelling redevelopment economics for investors and developers seeking value-add potential. With direct access to I-71 and I-75, strong neighborhood momentum, and a location between the CBD and major institutional employers, this property is well-positioned for adaptive reuse or a transformative repositioning. Ideal for buyers looking to capitalize on OTR’s continued growth and long-term demand!