473 High StColumbus, OH 43215
- Retail properties
- 4,440 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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