1227-1255 Oak St - Commercial LAND FOR SALE


Columbus, OH 43205- Olde Town East33,541 SF
$2,450,000 USD
646-494-4658
1227-1255 Oak St, Columbus, OH for Sale
$2,450,000 USD
Commercial LAND - FOR SALE
1/4
33,541 SF

1227-1255 Oak St
Columbus, OH 43205
Olde Town East


HIGHLIGHTS

  • Situated in the revitalized Olde Towne East neighborhood near Downtown Columbus, with easy access to shops, restaurants, and cultural attractions.
  • Excellent public transit options and major highways in the immediate vicinity.
  • Proximity to major employers: Nationwide Children’s Hospital, Columbus Health Department, IMPACT Community Action.
  • Current area has ongoing development with growing property and attracting new tenants.
  • Ideal for new or established developers seeking a project in a high-demand area, near significant employers and healthcare facility.

OVERVIEW

Oak Street Living is a shovel-ready development featuring 51 modern one-bedroom apartments in Olde Towne East, Columbus, Ohio. This project benefits from a 15-year, 100% tax abatement and a ten percent (10%) Ohio state tax credit, offering significant financial incentives. With all permits and zoning approvals secured, the development is ready for immediate construction. Located in a thriving neighborhood with an average home sale price of approximately $413,850 over the past twelve (12) months, and recent developments like the Triumph Apartments and Ogden project, Oak Street Living promises high rental demand and attractive returns for investors. The purchase price is $2.5 million, inclusive of all necessary plans and approvals.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/ACRE

$3,181,837/AC

PRICE/SF

$73 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.77 AC

LAND SF

33,541 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C

APN/PARCEL ID

010-007219

ASK ABOUT THIS PROPERTY

Arthur KaplanAnchor RetailMore Info
646-494-4658

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Arthur KaplanAnchor RetailMore Info
646-494-4658

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