1280 Indianola Ave - Commercial LAND FOR SALE


Columbus, OH 43201- Weinland Park10,019 SF
$400,000 USD
614-738-0325
1280 Indianola Ave, Columbus, OH for Sale
$400,000 USD
Commercial LAND - FOR SALE
1/13
10,019 SF

1280 Indianola Ave
Columbus, OH 43201
Weinland Park


HIGHLIGHTS

  • Close proximity to Ohio State
  • Close proximity to Short North
  • Close proximity to Columbus urban core

OVERVIEW

one, the property offers potential tax advantages for qualified investors along with strong rental demand in the surrounding area. Also can quality for a 15 year tax abatement for further development incentives. The site consists of approximately 0.23 acres (70' x 144') with alley access, providing flexibility for multifamily redevelopment. The existing structure is a candidate for demolition, allowing for a clean slate development approach. Preliminary zoning and planning analysis indicates a clear path for a multifamily project in the 5-7 unit range through the variance process. Conceptual planning also suggests the potential for additional density with a more comprehensive design, parking strategy, and entitlement approach. Attached survey provided to further define the buildable envelope and optimize site layout. Located in an established residential corridor with a mix of single-family and multifamily uses, the site benefits from proximity to major employment centers, public transit, and neighborhood amenities. Continued demand in this submarket supports well-positioned small to mid-scale multifamily development. Lot lines shown in photos are approximate and for illustrative purposes only. Seller is a licensed real estate agent in the State of Ohio.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/ACRE

$1,739,130/AC

PRICE/SF

$40 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime MF Development Site Near Ohio State

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Subsdzd

LAND ACRES

0.23 AC

LAND SF

10,019 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Oliver ChapmanKeller Williams Consultants RealtyMore Info
614-738-0325

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Oliver ChapmanKeller Williams Consultants RealtyMore Info
614-738-0325

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