1010-1016 E Main St - Storefront Retail/Residential FOR SALE


Columbus, OH 43205- Olde Town East
$395,000 USD
614-221-4286
1010-1016 E Main St, Columbus, OH for Sale
$395,000 USD
Storefront Retail/Residential - FOR SALE
1/29
null | Request Cap Rate

1010-1016 E Main St
Columbus, OH 43205
Olde Town East


HIGHLIGHTS

  • Opportunity Zone
  • Solid brick building is offered in shell condition
  • Recent capital improvements include a new roof, gutters, and soffits
  • Excellent location in the heart of Olde Towne East
  • Strong long-term investment potential in an emerging urban market

OVERVIEW

This solid brick building is offered in shell condition and requires a complete interior redevelopment, presenting a compelling opportunity for adaptive reuse. The property includes two first-floor retail spaces, a rear first-floor apartment, four second-floor apartments, and a large rear lot suitable for parking or future expansion. Constructed on a stone foundation, the building features a large basement beneath the east-side retail space and retains original mosaic tile on the west side, adding architectural character. Recent capital improvements include a new roof, gutters, and soffits. Located near new residential developments along Main and Cherry Streets and within one mile of Nationwide Children’s Hospital, which is undergoing a $1 Billion expansion, and Grant Medical Center, which is in the midst of a $400 million expansion, the property sits in a rapidly reinvesting corridor anchored by major institutional investment. Eligible for tax abatement through the City of Columbus, this offering presents strong long-term investment potential in an emerging urban market.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

UCT

APN/PARCEL ID

010-040982

ASK ABOUT THIS PROPERTY

Alex MarshThe Robert Weiler CompanyMore Info
614-221-4286

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Alex MarshThe Robert Weiler CompanyMore Info
614-221-4286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.