For Sale
$435,000

1010-1016 Main StColumbus, OH 43205

Prime Columbus location, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use building, situated at 1010-1016 E Main Street in Columbus, Ohio's vibrant Olde Towne East neighborhood, presents a unique investment opportunity. Built in 1925, this solid brick structure boasts a stone foundation and features a spacious basement on the east side, complemented by a slab foundation with original mosaic tile on the west. The property encompasses 8,712 square feet of land and offers a compelling blend of commercial and residential spaces. The ground floor comprises two retail units, and a first-floor apartment in the rear. Four additional apartments are located on the second floor, providing diverse income streams. The building benefits from a recently installed roof, gutters, and soffits, ensuring long-term structural integrity. A large rear lot provides ample parking, a significant advantage in this desirable area. Its proximity to new apartments on Main and Cherry Streets, and less than a mile from Nationwide Children's Hospital, further enhances its appeal. The asking price is $435,000 ($51.03/sq ft). Detailed remodeling estimates are available. Cash offers are preferred. This property is eligible for tax abatement through the City of Columbus, offering additional financial incentives. This is a rare chance to acquire a well-located, mixed-use property with significant upside potential in a rapidly growing area.

Property Details for 1010-1016 Main St

Property type
Specialty properties
Year Built
1925

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9581782
Longitude
-82.9722379
1010-1016 Main St, Columbus, Ohio

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1010-1016 Main St
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