577 Broad StColumbus, OH 43215

For Sale
$580,000

Columbus, Ohio: Mixed-use, vacant, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a 0.25-acre assemblage of four parcels totaling 7,112 square feet in Columbus, Ohio's vibrant East Franklinton redevelopment area. The property comprises three buildings, each featuring a mix of retail space on the ground floor and residential units above. Building sizes vary, with one building offering approximately 2,060 square feet, another approximately 1,901 square feet, and a third encompassing approximately 3,151 square feet, including a workshop. An additional 3,450 square foot paved parking lot with street access completes the assemblage. The buildings were constructed in 1905 and are classified as Class D. Currently vacant, with the exception of a tenant in one building, this property presents a unique chance to capitalize on the area's revitalization. The permitted zoning is EFD, offering flexibility for future development. The asking price is $580,000, translating to $105.46 per square foot. This six-unit property is situated at 577 W Broad St, Columbus, OH 43215, and features a total of three buildings and two stories. The APN is 010-067224. This is a cash sale.

Highlights

  • 0.25-acre assemblage of four parcels totaling 7,112 square feet in Columbus, OH's East Franklinton redevelopment area.
  • Three buildings (approx. 2,060 SF, 1,901 SF, and 3,151 SF) with ground-floor retail and upper residential units; one building includes a workshop.
  • 3,450 SF paved parking lot with street access.
  • 1905 construction, Class D buildings; currently mostly vacant.
  • Six-unit property, EFD zoning, $580,000 asking price ($105.46/SF).
  • Located at 577 W Broad St, Columbus, OH 43215; APN 010-067224; Cash sale only.

Property Details for 577 Broad St

Property type
Other retail properties, Individual retail properties
Square Feet
7,112 SF
Class
D
Year Built
1905
Buildings
3
Stories
2
Lot Size (sq. ft)
10,890 SF
Units
6

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.96033042
Longitude
-83.01623456
577 Broad St, Columbus, Ohio

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577 Broad St
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