Archive: COMMERCIAL REAL ESTATE AUCTION
Conducted: May 4 2016 12:01 PM EDT
Location: Danbarry Theater Building
5190 Glencrossing Way
Cincinnati, OH 45238
Highlights:

Former 31,000sf
DANBARRY THEATER BUILDING

Notes:

Fantastic Redevelopment Opportunity - Largest tract of land available in the Area
8.5 +/- acres of land improved with a 31,000sf building constructed in 1996

This property is located in Western Hills area of Cincinnati, OH and was originally constructed to house 12 theaters with a large lobby and snack bar plus a seating area. The total building size is 31,039sf with over 7.5 acres of parking. This building contains 2 gender specific restrooms, and a balcony/mezzanine for the projectors and sound equipment.

The ladies restroom has 18 stalls, and 9 basins while the menís restroom has 5 stalls, 6 urinals, and 5 basins. All remaining seating, sound speakers, and projection equipment will transfer with the property. The property is well located in close proximity to Glenway Crossing Shopping Center.

According to the zoning department, the property is currently zoned CG-A, Commercial General which allows for a myriad of uses. A copy of the zoning can be found on our website. This property would make a great redevelopment opportunity, refitted as a church, or reestablished as a theater. The zoning allows for many more possibilities.

The 5 mile radius population is 227,000 with an average household income of $57,876. The daily traffic count on Glenway Ave. at Tulsa is approximately 29,196 cars per day.

According to public records, the entire property consists of 2 parcels identified as PID # 2120067023700 & 5500140057900. Semiannual Real Estate taxes are $19,172 based on a Board of Revision tax appeal which lowered the 2011 assessed value from $2.4M to $1.24M.

HIGHEST BID WILL BE PUT ON CONTRACT
Donít find out this excellent property SOLD for less than you would have paid!


PROPERTY INFORMATION PACKET

ZONING

DEMOGRAPHICS


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