1270 Town StColumbus, OH 43222

Property Details for 1270 Town St

Year built

1900

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

1,800 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

010-042654

APU

10042654

Description

This exceptional special-purpose property at 1270 W Town Street, Columbus, OH 43222, presents a unique investment opportunity. The 1,800-square-foot building, constructed in 1900, sits on a 4,356-square-foot lot and is offered at $450,000, or $250 per square foot. All existing inventory, including coolers, is included in the sale, providing a turnkey operation for a new owner. The property's location in Columbus offers excellent access to local amenities and transportation. This is a rare chance to acquire an established business with significant potential for growth and customization. The building's 1,800 square feet of net rentable space provides ample room for operations, and the included equipment represents a substantial value-add. The property's history and established clientele provide a solid foundation for future success. This is an ideal opportunity for an entrepreneur seeking to establish or expand their business in a thriving Columbus neighborhood. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $505,618

  6.5%

  $466,725

  7%

  $433,387

• Comparable approach

  Method

  Valuation

  Relative Method

  $424,297

  Geo Method

  $424,297

• Alternative Use

  Use

  Valuation

  Residential

  $393,700

  Hospitality

  $360,627

  Educational

  $300,037

  Medical

  $310,356

  Retail

  $466,725

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9548

Longitude

-83.0337

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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