1220-1222 Parsons Ave - Storefront Retail/Residential FOR SALE


Columbus, OH 43206- Olde Town East-Columbus
$200,000 USD
513-841-7000
1220-1222 Parsons Ave, Columbus, OH for Sale
$200,000 USD
Storefront Retail/Residential - FOR SALE
1/58
null | Request Cap Rate

1220-1222 Parsons Ave
Columbus, OH 43206
Olde Town East-Columbus


HIGHLIGHTS

  • Court Appointed Receiver Sale
  • Online Auction Only
  • Mixed-Use Investment

OVERVIEW

Court Appointed Receiver Sale, 1220-1222 Parsons Ave, a mixed-use investment property located in close proximity to Nationwide Children’s Hospital, with convenient access to Downtown Columbus, German Village, and major highway corridors including I-70 and I-71. The building features three total units, consisting of one street-level retail space, one 2-bedroom, 1 bathroom, and one 1-bedroom, 1 bathroom apartment units. The property is visually distinctive, with large-scale murals on two sides of the building that enhance street presence and visibility. Dedicated off-street parking adds functional value for both residential and retail occupants. The apartment units have been previously updated with newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and tiled bathrooms. The combination of updated residential units and street-level retail provides diversified income potential in a high-demand location. This asset is well-suited for investors or owner-users seeking a mixed-use property near a major employment and medical hub. Property Information and Showings Unrepresented buyers, please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour.  Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

UCT

APN/PARCEL ID

010-053034

ASK ABOUT THIS PROPERTY

Jeff LaneProdigy PropertiesMore Info
513-841-7000

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Jeff LaneProdigy PropertiesMore Info
513-841-7000

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