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    3093 Broad St Columbus, OH 43204

    For Sale
    $675,000

    High-traffic corner, multi-income streams.

    Property size:
    6,430 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property in Columbus, Ohio, presents a compelling investment opportunity. Located on a high-traffic corner of West Broad Street, this 6,430 square foot brick building sits on a 0.14-acre lot and offers unparalleled visibility and accessibility. The first floor currently houses one occupied retail space with potential for two to three additional retail spaces. The existing tenant provides immediate income, while the vacant units offer significant upside for redevelopment and increased rental revenue. The second floor comprises five recently updated apartments, all currently occupied, generating consistent rental income. This property's strategic location on a major east-west corridor ensures high foot traffic and excellent exposure for retail businesses. The combination of established retail and residential units creates a diversified income stream, making it an attractive investment for both seasoned investors and those seeking a stable, high-return property. The building's solid brick construction suggests durability and longevity, further enhancing its investment appeal. Priced at $675,000, this property represents a rare chance to acquire a well-positioned mixed-use asset with significant potential for growth and profitability. The existing infrastructure and strong tenant occupancy provide a solid foundation for future expansion and value appreciation.

    Property Features for 3093 Broad St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,430 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1923
    Property Profile Location Intelligence

    Current Use by Public Records

    Xpression Hair Braiding ... Hair Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.08304
    Latitude
    39.95437

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic corner, multi-income streams.
    Where is this mixed-use property located?
    The property is located at 3093 Broad St Columbus, OH.
    What is the asking price?
    The asking price for this property is $675,000.
    (614) 528-1144
    Request Owner's contact information
    3093 Broad St Columbus, OH 43204
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    Columbus, OH 43204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3093 Broad St Columbus, OH 43204
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