220 Thurman AveColumbus, OH 43206

  • Retail properties
  • 586 SF
For Lease

Property Details for 220 Thurman Ave

Year built
1950
Construction
WOOD
Lot size
0.16 AC
Property size (Sq ft)
586 SF
Zone code
222
Property type
Retail properties
Property subtype
Retail space
APN
010-029003
APU
10029003

Description

This exceptional 586-square-foot retail space is ideally situated in the vibrant German Village neighborhood of Columbus, Ohio, at 220 Thurman Avenue, zip code 43206. The property boasts a single-tenant occupancy and is currently vacant, presenting a unique opportunity for a business seeking a high-profile location. The open layout maximizes natural light, creating a bright and inviting atmosphere for customers. The contemporary design complements the building's inherent character, offering a blend of modern aesthetics and historic charm. Located on the busy Thurman Avenue, this storefront provides excellent visibility and accessibility for potential customers. The property is situated in Franklin County and offers a fantastic opportunity for a retail business to establish itself in a thriving and desirable area. The space is ready for immediate occupancy, allowing for a quick and seamless transition for new tenants. This is a rare opportunity to secure a prime retail location in one of Columbus's most sought-after neighborhoods. The property's size and layout are perfect for a variety of retail concepts. Its location ensures high foot traffic and visibility, making it an ideal choice for businesses seeking to maximize their exposure and reach a broad customer base.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $145,195
    6.5%
    $134,026
    7%
    $124,453
  • Comparable approach

    Method
    Valuation
    Relative Method
    $138,132
    Geo Method
    $138,132
  • Alternative Use

    Use
    Valuation
    Residential
    $113,056
    Hospitality
    $103,559
    Educational
    $86,160
    Medical
    $89,123
    Retail
    $134,026
220 Thurman Ave, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9399
Longitude
-82.9901
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
$11,362
$97,370
$58,170
$155,540
-
$278,200
$166,200
$444,400

FAQs

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