473 High StColumbus, OH 43215

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

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.

• 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

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

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