1526-1530 High StColumbus, OH 43207

  • Mixed-use properties
  • 6,756 SF
For Lease
$12/SF/YR View listing

Property Details for 1526-1530 High St

Year built
1927
Construction
WOOD
Lot size
0.12 AC
Property size (Sq ft)
6,756 SF
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
010-012822
APU
10012822

Description

This exceptional commercial property, located at 1526-1530 S High St in Columbus's Merion Village, presents a unique investment opportunity. Situated on a 0.12-acre lot at the corner of S High St and E. Welch Ave, near Greenlawn Avenue (OH-104/Frank Rd), this property boasts excellent visibility and signage potential. The building, constructed in 1927, features a total of 6,912 square feet across four suites within a single, two-story structure. Currently, one retail space is available for lease, measuring 1,300 square feet. This unit offers a striking storefront, a tin ceiling, a built-in bar, and a restroom. The open floor plan, with dimensions of 20 feet wide by 68 feet deep, provides flexibility for a variety of retail or service-oriented businesses. The space benefits from a 12-foot ceiling height. The property is zoned C-4 Regional Scale Commercial District, reflecting its suitability for commercial uses. While there are no on-site parking spaces, the bustling High Street commercial corridor and nearby residential area provide ample access and foot traffic. This property is part of the Southeast submarket cluster of Columbus. The APN is 010-012822-00.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,412,044
    6.5%
    $1,303,425
    7%
    $1,210,323
  • Comparable approach

    Method
    Valuation
    Relative Method
    $979,532
    Geo Method
    $979,532
  • Alternative Use

    Use
    Valuation
    Residential
    $1,303,425
    Hospitality
    $1,193,930
    Educational
    $993,336
    Medical
    $1,027,498
    Retail
    $1,545,189
1526-1530 High St, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9308
Longitude
-82.9954
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,593
$13,580
$90,370
$103,950
-
$38,800
$258,200
$297,000

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