374 Wilson AveColumbus, OH 43205

For Sale
$875,000

Two-unit building, high-potential, C4 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 2-unit multifamily property located at 374 Wilson Avenue, Columbus, Ohio, 43205. The property, built in 1902 and renovated in 1961, boasts a total square footage of 5,427 across one building, situated on a 4,791.6 square foot lot (APN: 010-039221). Currently configured as a duplex/triplex/quadruplex, the property offers significant upside potential. The asking price is $875,000. The property is zoned C4 commercial, providing flexibility for various uses. The building requires substantial renovation or a complete rebuild to realize its full potential. The current layout features a finished upper unit and an unfinished lower unit. A key advantage is the property's prime location at the corner of East Main Street and Wilson Avenue, with the Main Street frontage included in the sale. This location places the property within an Opportunity Zone, offering potential tax advantages for investors. The property's substantial size and strategic location make it an ideal candidate for redevelopment or substantial renovation, catering to a range of commercial or residential uses. This is a rare chance to acquire a property with significant potential in a rapidly developing area of Columbus.

Highlights

  • Exceptional investment opportunity: 2-unit multifamily property at 374 Wilson Avenue, Columbus, OH 43205.
  • 5,427 sq ft building on a 4,791.6 sq ft lot (APN: 010-039221), built in 1902, renovated in 1961.
  • $875,000 asking price.
  • C4 commercial zoning allows for flexible use.
  • Requires substantial renovation or rebuild; features a finished upper and unfinished lower unit.
  • Prime corner location at East Main Street and Wilson Avenue, including Main Street frontage; located in an Opportunity Zone.

Property Details for 374 Wilson Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
5,427 SF
Year Built/Renovated
1902/1961
Buildings
1
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9582819
Longitude
-82.9663909
374 Wilson Ave, Columbus, Ohio

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374 Wilson Ave
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