1041 Summit StColumbus, OH 43201

  • Other commercial real estate
  • 4,257 SF
For Lease
$4,697.78/SF/YR View listing

Property Details for 1041 Summit St

Year built
1900
Construction
WOOD
Lot size
0.19 AC
Property size (Sq ft)
4,257 SF
Property type
Other commercial real estate
APN
010-008895
APU
10008895

Description

This exceptional retail property at 1041 Summit Street, Columbus, OH 43201, presents a unique investment opportunity. The 3,193 square foot brick building boasts a single tenancy, ideal for a variety of businesses. The property includes 20 parking spaces, a significant advantage in a high-traffic area. A notable feature is a garage bay leading to a trendy warehouse-style clear-span area, offering versatile space for operations or storage. The 0.19-acre lot provides ample room for expansion or outdoor activities. Furthermore, an additional lot at 106 E 3rd Avenue is included in the sale, significantly increasing the overall property value and potential. Located in the vibrant Short North Arts District, this property benefits from high foot traffic and a strong neighborhood feel, creating a perfect blend of accessibility and community engagement. The property's APN is 010-008895. This is a rare opportunity to acquire a well-situated, versatile retail space in a thriving Columbus neighborhood. The property's strategic location and unique features make it an attractive investment for both established and emerging businesses. Don't miss this chance to own a piece of Columbus's dynamic commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $931,100
    Hospitality
    $852,882
    Educational
    $709,588
    Medical
    $733,992
    Retail
    $1,103,804
1041 Summit St, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.984
Longitude
-83.0017
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
$14,025
$43,200
$148,790
$191,990
-
$123,400
$425,100
$548,500

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