473 High StColumbus, OH 43215

  • Retail properties
  • 4,440 SF
For Lease

Property Details for 473 High St

Year built
1900
Construction
WOOD
Lot size
0.05 AC
Property size (Sq ft)
4,440 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
010-053114
APU
10053114

Description

This exceptional 1,979 square foot retail space presents a rare sublease opportunity in Columbus, Ohio's vibrant Arena District. Located at 473 N High St., this single-tenant property boasts a prime location adjacent to the renowned North Market and the Greater Columbus Convention Center, ensuring high foot traffic and visibility. The lease expires April 30, 2030, with available options for extension, providing long-term stability. Benefit from a thriving demographic, with over 150,000 residents within a three-mile radius. The property's strategic position places it steps away from the Hilton Columbus Downtown, a major hotel with over 1,000 guest rooms, further enhancing its accessibility and potential customer base. Proximity to significant attractions such as Nationwide Arena, Huntington Park, Kemba Live!, and Lower.com Field guarantees consistent exposure to a diverse and substantial population. This is an unparalleled chance to establish or expand a business in one of Columbus's most dynamic and sought-after commercial districts. The property is classified as retail commercial space within Franklin County's Central Business District (CBD) submarket. This sublease offers a unique blend of convenience, high visibility, and strong potential for growth. Don't miss this opportunity to secure a foothold in the heart of Columbus's Arena District.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,247,192
    6.5%
    $1,151,254
    7%
    $1,069,022
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,046,600
    Geo Method
    $1,046,600
  • Alternative Use

    Use
    Valuation
    Residential
    $971,126
    Hospitality
    $889,546
    Educational
    $740,092
    Medical
    $765,545
    Retail
    $1,151,254
473 High St, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.972
Longitude
-83.0029
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
$16,664
$32,340
$187,850
$220,190
-
$92,400
$536,700
$629,100

FAQs

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