1526-1530 High StColumbus, OH 43207
- Mixed-use properties
- 6,756 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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