For Sale
$1,200,000

156 Ohio AveColumbus, OH 43205

5,624 SF Retail Space, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 5,624-square-foot retail space, located at 156 S Ohio Ave in Columbus, Ohio's vibrant Olde Towne East neighborhood, presents a unique investment opportunity. The property, built in 1946 and situated on a 0.582-acre lot, is currently vacant and offers significant potential for a variety of uses. Its classification as a Class C building with a single unit and one story provides a blank canvas for customization. The property features 400 parking spaces in the adjacent area, ensuring ample convenience for customers. Ideal for a restaurant, grocery store, or other flexible retail concept, the space boasts high ceilings, 600 amps of power, 37.5 tons of HVAC, and a 2000-gallon grease trap, making it restaurant-ready. A trash enclosure is available. Zoned CPD, the building is in shell condition, allowing for a build-out tailored to specific business needs. Its prime corner location, connected to the new Gemma Apartment building and surrounded by new multi-family developments and the nearby Trolley Barn, guarantees high visibility and strong foot traffic. The asking price is $1,200,000, with a NNN lease type. Tenant improvement allowances are available, and the possibility of a master lease with two tenants exists. This property offers a compelling combination of location, size, and adaptability, making it an attractive investment in a rapidly growing area.

Highlights

  • 5,624 SF retail space in Columbus, OH's Olde Towne East neighborhood.
  • Adjacent to the new Gemma Apartments.
  • 400 parking spaces nearby.
  • Vacant, shell condition; ready for build-out.
  • Suitable for food, fitness, or grocery uses.
  • 600-amp electrical service.

Property Details for 156 Ohio Ave

Property type
Retail properties, Restaurants
Square Feet
5,624 SF
Class
C
Year Built
1946
Buildings
1
Stories
1
Lot Size (sq. ft)
25,352 SF
Units
1

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.96224547
Longitude
-82.9704813
156 Ohio Ave, Columbus, Ohio

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156 Ohio Ave
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