restaurant/bar reading, ohio€¦ · 9184 reading rd, cincinnati, ohio, 45215 prepared by melissa...
TRANSCRIPT
Restaurant/Bar For Sale
F E A T U R E S : 2,900 SF 0.333 acres Small kitchen D6 liquor license All FF&E included New addition on side of the building Beer garden Possible redevelopment opportunity Sale price: $275,000
LOCATION:Eddie’s Cafe9184 Reading RoadCincinnati, OH 45215
CONTACT:Karen [email protected]
513/769-2518
Demographics: 1-Mile 3-Mile 5-MileTotal Population: 9,963 71,361 189,988Households: 4,300 31,037 82,498Avg. HH Income: $49,877 $66,505 $67,167
Traffic Counts:Reading Road at Vine Street = 17,795 AADT 2009
The information submitted is not guaranteed. Although obtained from reliable sources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice.
Reading, OhioCONFIDENTIAL
Eddie’s Cafe Still Operating
Great family restaurant/bar with a new patio room for parties, beer garden, picnic tables and covered patio. Full D6 liquor license included in the sale. All fixtures, furniture and equipment included in the sale. Possible redevelopment opportunities with surrounding properties.
Executive Summary9184 Reading Rd, Cincinnati, Ohio, 45215 Prepared by Melissa Whitehead9184Rings: 1, 3, 5 mile radii Latitude: 39.226163675
Longitude: -84.43894216
1 mile 3 miles 5 milesPopulation
2000 Population 11,070 76,093 202,865
2010 Population 10,149 71,551 189,988
2013 Population 9,963 71,361 189,988
2018 Population 9,807 71,514 190,809
2000-2010 Annual Rate -0.87% -0.61% -0.65%
2010-2013 Annual Rate -0.57% -0.08% 0.00%
2013-2018 Annual Rate -0.32% 0.04% 0.09%2013 Male Population 49.5% 47.4% 47.3%2013 Female Population 50.5% 52.6% 52.7%2013 Median Age 38.9 41.8 40.8
In the identified area, the current year population is 189,988. In 2010, the Census count in the area was 189,988. The rate of change since2010 was 0.00% annually. The five-year projection for the population in the area is 190,809 representing a change of 0.09% annually from2013 to 2018. Currently, the population is 47.3% male and 52.7% female.
Median Age
The median age in this area is 40.8, compared to U.S. median age of 37.3.
Race and Ethnicity2013 White Alone 84.3% 65.1% 63.9%
2013 Black Alone 10.6% 29.1% 29.4%2013 American Indian/Alaska Native Alone 0.2% 0.2% 0.2%2013 Asian Alone 1.5% 2.5% 2.5%2013 Pacific Islander Alone 0.0% 0.0% 0.1%2013 Other Race 0.8% 0.8% 1.5%2013 Two or More Races 2.5% 2.2% 2.4%2013 Hispanic Origin (Any Race) 2.3% 2.4% 3.8%
Persons of Hispanic origin represent 3.8% of the population in the identified area compared to 17.4% of the U.S. population. Persons ofHispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be fromdifferent race/ethnic groups, is 54.1 in the identified area, compared to 62.1 for the U.S. as a whole.
Households
2000 Households 4,763 32,698 86,2562010 Households 4,365 30,982 82,1212013 Total Households 4,300 31,037 82,4982018 Total Households 4,242 31,155 83,0292000-2010 Annual Rate -0.87% -0.54% -0.49%2010-2013 Annual Rate -0.46% 0.05% 0.14%2013-2018 Annual Rate -0.27% 0.08% 0.13%2013 Average Household Size 2.29 2.26 2.27
The household count in this area has changed from 82,121 in 2010 to 82,498 in the current year, a change of 0.14% annually. The five-yearprojection of households is 83,029, a change of 0.13% annually from the current year total. Average household size is currently 2.27,compared to 2.28 in the year 2010. The number of families in the current year is 48,305 in the specified area.
May 15, 2014
©2014 Esri Page 1 of 2
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.
Executive Summary9184 Reading Rd, Cincinnati, Ohio, 45215 Prepared by Melissa Whitehead9184Rings: 1, 3, 5 mile radii Latitude: 39.226163675
Longitude: -84.43894216
1 mile 3 miles 5 milesMedian Household Income
2013 Median Household Income $36,129 $46,124 $48,5672018 Median Household Income $46,705 $55,786 $56,9922013-2018 Annual Rate 5.27% 3.88% 3.25%
Average Household Income
2013 Average Household Income $49,877 $66,505 $67,1672018 Average Household Income $58,311 $79,200 $79,5062013-2018 Annual Rate 3.17% 3.56% 3.43%
Per Capita Income
2013 Per Capita Income $21,886 $29,291 $29,3852018 Per Capita Income $25,593 $34,882 $34,8092013-2018 Annual Rate 3.18% 3.56% 3.45%
Households by Income
Current median household income is $48,567 in the area, compared to $51,314 for all U.S. households. Median household income isprojected to be $56,992 in five years, compared to $59,580 for all U.S. households
Current average household income is $67,167 in this area, compared to $71,842 for all U.S households. Average household income isprojected to be $79,506 in five years, compared to $83,667 for all U.S. households
Current per capita income is $29,385 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected tobe $34,809 in five years, compared to $32,073 for all U.S. households Housing
2000 Total Housing Units 5,035 34,558 91,4112000 Owner Occupied Housing Units 2,660 19,985 52,9342000 Owner Occupied Housing Units 2,104 12,713 33,3222000 Vacant Housing Units 271 1,860 5,155
2010 Total Housing Units 4,807 34,350 90,6912010 Owner Occupied Housing Units 2,334 18,591 49,2772010 Renter Occupied Housing Units 2,031 12,391 32,8442010 Vacant Housing Units 442 3,368 8,570
2013 Total Housing Units 4,824 34,590 91,3432013 Owner Occupied Housing Units 2,202 18,050 47,9262013 Renter Occupied Housing Units 2,098 12,986 34,5712013 Vacant Housing Units 524 3,553 8,845
2018 Total Housing Units 4,855 34,684 91,6422018 Owner Occupied Housing Units 2,221 18,457 49,0572018 Renter Occupied Housing Units 2,021 12,699 33,9722018 Vacant Housing Units 613 3,529 8,613
Currently, 52.5% of the 91,343 housing units in the area are owner occupied; 37.8%, renter occupied; and 9.7% are vacant. Currently, inthe U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, therewere 90,691 housing units in the area - 54.3% owner occupied, 36.2% renter occupied, and 9.4% vacant. The annual rate of change inhousing units since 2010 is 0.32%. Median home value in the area is $143,124, compared to a median home value of $177,257 for the U.S.In five years, median value is projected to change by 4.33% annually to $176,905.
May 15, 2014
©2014 Esri Page 2 of 2
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.