11 Village Square, Glendale, OH

The building:

The Glendale is a mixed use commercial package, comprised of two side-by-side brick structures which includes a total of 7 residential apartment units and 8 retail units. The residential units are on the second level and the retail units are on the entry level.

The Location:

The property is located on Village Square directly in the center of Glendale, Ohio ~  a historic, picturesque village, located 15 miles north of Cincinnati, known as one of the state's first planned communities. Designated as a National Historic Landmark, it features winding, gas-lit streets, abundant trees, and a walkable village square with local shops and dining. Some of the attractions include: a bakery, wine shops, salons, fine dining, and a historic railroad museum. The community provides direct access to I-75 allowing for an easy commute to Cincinnati (20-30 mins), Dayton (45-60 mins), Hyde Park (15 mins), Mason (20mins), and UC/Clifton (20mins).

Short Term Rentals / Residential:

The apartment units are currently being operated as short term rentals with 7 uniquely designed and furnished apartments, k. The location offers an appealing walkable community, that is unlike anything the competition has to offer. The location and the units themselves offer positive upside with potential for improved marketing, operations, and room design. The market shows strong demand for both mid-term and short-term rentals.

These units can continue to be operated as furnished rentals with management in place. They can also be used for mid-term or long term rentals.

Retail/Office:

The Glendale retail shops include 8+/- retail and/or office units, totaling approximately 8,000+/- SQFT. The buildings offer a diverse tenant mix. Each retail space offers a unique size and layout.  The retail shops are anchored by The Candler Event Hall.

The Candler Event Hall:

The Candler Event Hall is an 800 SQFT event space with a recently updated commercial kitchen and modern interior design. The event hall is currently owned and operated by the existing owner. They split revenue with the manager. The business can be taken over by the next owner or the space could be leased out for additional revenue.