1103 Mount Vernon AveColumbus, OH 43203

  • Office properties
  • 2,114 SF
For Sale
$195,000 View listing

Property Details for 1103 Mount Vernon Ave

Year built
1950
Construction
WOOD
Lot size
0.07 AC
Property size (Sq ft)
2,114 SF
Property type
Office properties
Property subtype
Office buildings
APN
010-046283
APU
10046283

Description

This exceptional 2,114-square-foot retail space, located at 1103 Mount Vernon Avenue in Columbus, Ohio, presents a fantastic opportunity for entrepreneurs and established businesses alike. Situated on a 3,049.2-square-foot lot, this vacant property offers immediate occupancy and significant potential. Built in 1950, the building is ideally positioned in a revitalizing neighborhood, just minutes from Downtown Columbus, ensuring high visibility and accessibility. The asking price is $195,000, translating to a price per square foot of $92.24. The property's convenient location and ample square footage make it suitable for a wide range of retail ventures. This stand-alone building provides a unique opportunity to establish a strong presence in a growing area of Columbus. With its convenient location and attractive price point, this property is poised for immediate success. The entire 2,114 square feet is net rentable, offering maximum usable space for your business needs. This is a rare chance to own a piece of Columbus's vibrant commercial landscape. The property's proximity to Downtown Columbus ensures easy access for customers and employees. Don't miss this chance to secure a prime retail location in a thriving urban setting. The property is located in Franklin County, Ohio, with a zip code of 43203.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $422,435
    6.5%
    $389,940
    7%
    $362,088
  • Comparable approach

    Method
    Valuation
    Relative Method
    $197,744
    Geo Method
    $197,744
  • Alternative Use

    Use
    Valuation
    Residential
    $483,526
    Hospitality
    $442,907
    Educational
    $368,494
    Medical
    $381,167
    Retail
    $573,212
1103 Mount Vernon Ave, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9721
Longitude
-82.9726
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
$1,432
$5,500
$14,110
$19,610
-
$15,700
$40,300
$56,000

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