For Sale
$2,000,000

620 Oak StColumbus, OH 43215

28,080 SF, $2M, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Columbus, Ohio mixed-use property at 620 Oak St., offers a unique investment opportunity. The 28,080 square foot, two-story brick building is currently zoned as a commercial warehouse but presents significant potential for redevelopment. The main level is occupied by an established luxury automobile mechanics business, complete with drive-in doors, lifts, and office spaces. This existing business, along with another on-site business, are included in the sale and their employees are open to remaining. The second floor provides a vast, open space ready for creative transformation. Access to the second floor is available via an auto ramp or stairs. This adaptable space allows for a variety of uses, including residential conversion or expansion of the existing retail space. The property's size and location in Franklin County, Ohio, zip code 43215, make it an attractive prospect. Depending on the chosen development plan, this property may qualify for Opportunity Zone funds, offering additional investment incentives. The asking price is $2,000,000, translating to $71.23 per square foot. This presents a compelling opportunity to acquire a substantial property with existing income streams and significant upside potential in a thriving urban area. The property's versatility and existing infrastructure make it an ideal canvas for a visionary developer.

Highlights

  • $2,000,000 asking price.
  • 28,080 square foot mixed-use building.
  • Condo conversion, mechanics garage, and retail potential.
  • $71.23 price per square foot.
  • Located at 620 Oak St, Columbus, OH 43215.

Property Details for 620 Oak St

Property type
Retail properties, Mixed-use properties
Square Feet
28,080 SF

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9631184
Longitude
-82.9839791
620 Oak St, Columbus, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
620 Oak St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message