Health Care and Medical Properties - For Sale
1578 Sherman Avenue Cincinnati, OH 45212
Details & Description
Price: $1,995,000
  • Property Type Health Care for Sale : Assisted/Senior Living
  • Lot Size Acres 2.179
  • Building Sq Ft 34,472
  • Building Price per Sq Ft $38.09
  • Land Sq Ft 63,162
  • Land Price per Sq Ft $31.59
Centrally located soon to be former Senior Living Facility currently operating with 55-rooms. Easily accessible to 562, I-71 and I-75. Various potential uses and development opportunities exist. 
Property ID:    296865
Property URL: melqr.com/296865
Generated:    03-30-23
Property Highlights
Additional Photos
Listing Agents
Michael Bergman

O: 513-322-6309
M: 678-595-5954
mbergman@bergmancommercial.com
Gueorgui Chikov

O: 513-322-6317
M: 513-331-0920
gchikov@bergmancommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
Ohio / Cincinnati / 45212 / 1578 Sherman Avenue

1578 Sherman Avenue

Cincinnati, OH 45212

Listing ID: 296865
$1,995,000
For Sale
  • Property Type Health Care for Sale : Assisted/Senior Living
  • Lot Size Acres 2.179
  • Building Sq Ft 34,472
  • Building Price per Sq Ft $38.09
  • Land Sq Ft 63,162
  • Land Price per Sq Ft $31.59
  • 1578 Sherman Avenue Cincinnati, OH 45212 | for Sale | Photo 1
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Property Highlights
• 34,472 SF Two Story Nursing Facility Available for Sale
• Easy Access to Norwood Lateral Pkwy, I-71, and 1-75
• Currently 55 Units with Ability to Expand on 1.45 Acres
• Strong Signage
• Quick Commute to Xavier University
• Facility to be Vacant Upon Sale
• FFE Can be Made Available
• 298,301 population in 5 mile radius
Description

Centrally located soon to be former Senior Living Facility currently operating with 55-rooms. Easily accessible to 562, I-71 and I-75. Various potential uses and development opportunities exist. 

Attachments & Files
property-brochure-cjj-InG.pdf

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Cincinnati Area Market Trends

Listing Demographics for 1578 Sherman Avenue Cincinnati, OH 45212

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population17,959125,400296,373
Population Median Age363737
Population by Age0-9 Yrs2214 (12%)14220 (11%)33736 (11%)
10-19 Yrs2707 (15%)15061 (12%)36766 (12%)
20-29 Yrs3516 (19%)25787 (20%)59703 (20%)
30-39 Yrs2003 (11%)17674 (14%)42663 (14%)
40-49 Yrs1741 (9%)12822 (10%)31108 (10%)
50-59 Yrs2097 (11%)14566 (11%)34759 (11%)
60-69 Yrs2158 (12%)14382 (11%)31842 (10%)
70+ Yrs1523 (8%)10888 (8%)25798 (8%)
Median HH Income$41,673$45,151$50,040
Total Household Income< 24K2157 (29%)17276 (29%)37588 (27%)
25-49K1953 (27%)13662 (23%)29830 (22%)
50-74K1083 (14%)8982 (15%)21465 (15%)
75-99K563 (7%)5486 (9%)13756 (10%)
100-199K1105 (15%)9016 (15%)23207 (17%)
200K+364 (5%)3566 (6%)9072 (6%)
Highest Education LevelNo Diploma1307997919261
Diploma or GED32061954044819
Some College20381481334795
Assoc. Degree841597214331
Bachelors Degree17671961648843
Higher Degree19921461736063
Total Housing Units8,40266,427154,058
--Owner-Occupied3,31624,91560,694
--Renter-Occupied3,90933,07374,223
Owner-Occupied Values< 100K993628813454
100-199K1323803221719
200-299K388480710934
300-399K26321395849
400-499K6512093056
500K+28424385682
Total Working Age Population14,685103,100244,508
In Work Force8,96268,531164,593
Not In Work Force5,72334,56979,915
Workforce Employed8,14564,017154,223
Workforce Unemployed8004,45210,237
Civlian Workforce8,94568,469164,460
Military Workforce1762132
Total Households7,22557,987134,917
Family Households3,63425,76861,909
Non-Family Households3,59132,22073,009
Married Couple1,90814,60937,621
Other Family1,72611,15824,288
Married w/Child6065,12513,123
Single Male w/Child1199092,081
Single Female w/Child7775,38511,957

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Kentucky4,041,769+74,339,367+44,533,464+44,726,382
Campbell County88,616+290,336+392,898+193,473
Ohio11,353,140+211,536,504011,574,870011,615,100
Hamilton County845,303-5802,374-1790,600-1785,900

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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1601 Lafayette Avenue, Crawfordsville, IN $842,378 6500 1
4100 Covert Avenue, Evansville, IN CALL 77000 10
926 East Jefferson Boulevard, South Bend, IN $1,034,100 5362 0.25
205 West 20th Street, Lorain, OH $2,300,000 120000 6.49
Closest Commercial Airports
Airport Distance (mi)
Cincinnati Northern Kentucky International Airport (CVG) 13
James M Cox Dayton International Airport (DAY) 53
Blue Grass Airport (LEX) 78
Listing Agent
Michael Bergman - CRE Agent at

Michael Bergman

NAI Bergman (Blue Ash)

513-322-6309 x107 (office)

678-595-5954 (mobile)

VIEW AGENT PROFILE

bergmancommercial.com/

CONTACT ME

Listing Co-Agent
Michael Bergman - CRE Agent at

Gueorgui Chikov

513-322-6317 x115 (office)

513-331-0920 (mobile)

bergmancommercial.com/

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