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


Columbus, OH 43206- Olde Town East-Columbus
$200,000 USD
513-200-5551
1220-1222 Parsons Ave, Columbus, OH for Sale
$200,000 USD
Storefront Retail/Residential - FOR SALE
1/58
null | Request Cap Rate

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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. Bidder Registration All prospective bidders must be pre-approved to bid. Prospective bidders seeking approval must submit the following items no later than March 3, 2026: Click Sign Up, and create an account Request Authorization and e-sign the Purchase and Sale Agreement Once the Purchase and Sale Agreement has been signed our admin will review and unlock the buyers account. Agents do not bid on behalf of buyers, buyers place their own bids. Auction Date / Times Auction Starts: Live Now Auction Ends: March 4, 2026 @ 2pm ET Sale Terms A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price As-Is, Where-Is Sold free and clear of all liens Taxes are prorated of the day of closing Receiver will convey insurable title Financing contingencies are not permitted Due diligence contingencies are not permitted Subject to court approval Winning bidder must wire a ten percent (10%) deposit to escrow holder by 11am ET March 5, 2026 Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION. 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
513-200-5551

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Jeff LaneProdigy PropertiesMore Info
513-200-5551

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