Proudly presenting the historic William Francis Theatre! A unique commercial investment located in the Carthage neighborhood of Cincinnati, Ohio. Originally constructed in 1928, the substantial 12,280-square-foot property spans four total floors and has undergone comprehensive, significant modern renovations completed in 2025. Identified by Parcel ID 241-0001-0137-00, this versatile asset is offered at an effective price with tremendous value and potential. To provide immediate, day-one value to an incoming investor, the transaction also includes select inventory and property assets within the sale price, making it an attractive turnkey opportunity with minimized initial capital expenditure. Located in the centrally positioned Carthage market, the asset is surrounded by a dense mix of residential developments, local retail corridors, and an active consumer base. Its convenient proximity to major regional thoroughfares and Cincinnati destinations supports long-term investment appeal
Details
MLS #
1885383
Listing Type
For Sale
Style
Commercial
Sub-Type
Resale
Status
Active
Year
1928
Days On Site
98
Listing Provided By
3CRE Residential Advisors, LLC | Triston A Burnham
Features
SQ Feet
12,280
Basement
Y
Building(s)
1
Zoning
Commercial
Acreage
0.26
Interior
Rooms Total
0
Heating
Central, Electric, Steam
Cooling
Window Unit
Fireplaces Total
0
Exterior
Roof
Membrane
Exterior Features
Sidewalks
Construction Materials
Brick
Foundation Details
Poured
Parking
Parking Features
Private, Public, Lot, Onsite, Off Site
Utilities
Sewer
Public Sewer
Gas
Natural
Taxes
Property
6692
Area Information
State
OH
County
Hamilton
City
Cincinnati
Zip Code
45216
Area
Hamilton W01
Subarea
Hamilton W01
Community Name
Carthage
Listing VS Median (in Carthage)
Price: $465,500
low | high
Med: $210,900
100% of Average
sqft: 12,280
low | high
Med: 1,457
100% of Average
$ / sqft: $38
low | high
Med: $148
100% of Average
On site: 98
low | high
Med: 68.5
100% of Average
Sourced by Back At You
Market Activity 45216
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 3
Avg $ Per SqFt: $172.82
Min Sale Price: $200,000
Max Sale Price: $365,000
Med Sale Price: $320,000
Date: Jul 2026
Sales: 14
Avg $ Per SqFt: $131.79
Min Sale Price: $121,000
Max Sale Price: $293,500
Med Sale Price: $198,750
Date: Jun 2026
Sales: 7
Avg $ Per SqFt: $108.85
Min Sale Price: $70,000
Max Sale Price: $235,500
Med Sale Price: $175,000
Date: May 2026
Sales: 5
Avg $ Per SqFt: $116.83
Min Sale Price: $105,000
Max Sale Price: $290,000
Med Sale Price: $209,800
Date: Apr 2026
Sales: 12
Avg $ Per SqFt: $142.37
Min Sale Price: $55,000
Max Sale Price: $365,000
Med Sale Price: $211,400
Date: Mar 2026
Sales: 7
Avg $ Per SqFt: $137.43
Min Sale Price: $125,000
Max Sale Price: $442,500
Med Sale Price: $223,500
Date: Feb 2026
Sales: 7
Avg $ Per SqFt: $135.78
Min Sale Price: $107,500
Max Sale Price: $477,000
Med Sale Price: $185,000
Date: Jan 2026
Sales: 4
Avg $ Per SqFt: $118.37
Min Sale Price: $175,000
Max Sale Price: $270,000
Med Sale Price: $217,500
Date: Dec 2025
Sales: 5
Avg $ Per SqFt: $97.09
Min Sale Price: $89,000
Max Sale Price: $350,000
Med Sale Price: $176,000
Date: Nov 2025
Sales: 7
Avg $ Per SqFt: $138.66
Min Sale Price: $79,000
Max Sale Price: $325,000
Med Sale Price: $236,000
Date: Oct 2025
Sales: 10
Avg $ Per SqFt: $142.54
Min Sale Price: $108,000
Max Sale Price: $800,000
Med Sale Price: $166,000
Sourced by Back At You
Aug 2026
Sales:
3
Avg $ Per SqFt:
$172.82
Min Sale Price:
$200,000
Max Sale Price:
$365,000
Med Sale Price:
$320,000
Jul 2026
Sales:
14
Avg $ Per SqFt:
$131.79
Min Sale Price:
$121,000
Max Sale Price:
$293,500
Med Sale Price:
$198,750
Jun 2026
Sales:
7
Avg $ Per SqFt:
$108.85
Min Sale Price:
$70,000
Max Sale Price:
$235,500
Med Sale Price:
$175,000
May 2026
Sales:
5
Avg $ Per SqFt:
$116.83
Min Sale Price:
$105,000
Max Sale Price:
$290,000
Med Sale Price:
$209,800
Apr 2026
Sales:
12
Avg $ Per SqFt:
$142.37
Min Sale Price:
$55,000
Max Sale Price:
$365,000
Med Sale Price:
$211,400
Mar 2026
Sales:
7
Avg $ Per SqFt:
$137.43
Min Sale Price:
$125,000
Max Sale Price:
$442,500
Med Sale Price:
$223,500
Feb 2026
Sales:
7
Avg $ Per SqFt:
$135.78
Min Sale Price:
$107,500
Max Sale Price:
$477,000
Med Sale Price:
$185,000
Jan 2026
Sales:
4
Avg $ Per SqFt:
$118.37
Min Sale Price:
$175,000
Max Sale Price:
$270,000
Med Sale Price:
$217,500
Dec 2025
Sales:
5
Avg $ Per SqFt:
$97.09
Min Sale Price:
$89,000
Max Sale Price:
$350,000
Med Sale Price:
$176,000
Nov 2025
Sales:
7
Avg $ Per SqFt:
$138.66
Min Sale Price:
$79,000
Max Sale Price:
$325,000
Med Sale Price:
$236,000
Oct 2025
Sales:
10
Avg $ Per SqFt:
$142.54
Min Sale Price:
$108,000
Max Sale Price:
$800,000
Med Sale Price:
$166,000
MLS Number: 1885383
Triston A Burnham – triston@3cre.com
3CRE Residential Advisors, LLC – (513) 745-9333
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