3CDC is a non-profit, real estate development and finance organization focused on strategically revitalizing Cincinnati’s downtown urban core in partnership with the City of Cincinnati and the Cincinnati corporate community.  Our work is specifically focused on the central business district and in Over-the-Rhine.

HUMMEL BUILDING

COMPLETED

ESSENTIAL FACTS:

CONSTRUCTION PHOTOS

Developer: Grandin Properties

Location: 1401 Elm Street

Project Cost: $1.6 million

Units: 4 (Sold Out)

Unit Description: 2 flats & two 2-story condos

Unit Price Range: $290,000 to $385,000

Commercial Space: 2,440 SF

Completion Date: July 2013


PROJECT FUNDING

  • Dev — Developer Equity
  • City — City Grant
  • CNMF — Cincinnati New Markets Fund

PROJECT SUMMARY

Located at 1401 Elm Street at the northwest corner of Washington Park, the 7,694 gross SF of this iconic building was converted into 4 for-sale condominiums and 2,440-SF of commercial space – ideal for a restaurant, retail tenant or office space – at a total cost of $1.6 million. Construction was completed in July 2013. George Hummel, head of Hummel Industries, originally constructed the building in 1878 as a mixed-use development with homes and storefronts – the Hummel Daily Market and the more popular Hummel Saloon.

 

For more information, visit www.otrliving.com

 

 

3CDC is a non-profit, real estate development and finance organization focused on strategically revitalizing Cincinnati’s downtown urban core in partnership with the City of Cincinnati and the Cincinnati corporate community.  Our work is specifically focused on the central business district and in Over-the-Rhine.