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Mixed-Use Investment Property For Sale
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1220-1222 Parsons Ave, Columbus, OH 43206

Mixed-use property near Nationwide Children’s Hospital with diversified income potential.

Property Size2,628 SF
Price / SF$90.94
Days on Market201

Property Features for 1220-1222 Parsons Ave

General Information

Standard status Active
Size 2,628 SF
Property subtype Multifamily, Retail
Zoning Mixed-Use, Urban Center

Building Details

Year Built 1920
Year Renovated 2017
Buildings 1
Stories 2
Units 3
Listing Agency: Prodigy Properties
Listed By: Will Goering · License #OH
Source: Crexi
Added: Feb 4 Changed: Aug 22 Last Checked: Aug 23 at 7:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prodigy Properties

Investment Insights

Based on property information with market context.

Located in close proximity to Nationwide Children’s Hospital, with convenient access to Downtown Columbus, German Village, and major highway corridors including I-70 and I-71, this mixed-use investment property at 1220-1222 Parsons Ave features three units: one street-level retail space, one 2-bedroom, 1-bathroom apartment, and one 1-bedroom, 1-bathroom apartment. The building has large-scale murals on two sides, enhancing street presence and visibility. Dedicated off-street parking adds functional value for occupants. The apartment units have been previously updated with newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and tiled bathrooms. The combination of updated residential units and street-level retail provides diversified income potential in a high-demand location. Suited for investors or owner-users seeking a mixed-use property near a major employment and medical hub, the property has a total size of 2628 square feet.

Key Highlights

  • Prime location near Nationwide Children’s Hospital, Downtown Columbus, and German Village, with easy access to I‑70 and I‑71.
  • Mixed‑use property with diversified income potential from street‑level retail and updated residential units.
  • Updated apartment units featuring newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and tiled bathrooms.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) Store Tech Support Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 43206, OH

21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property near Nationwide Children’s Hospital with diversified income potential.
Where is this mixed-use property located?
The property is located at 1220-1222 Parsons Ave Columbus, OH.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Prime location near Nationwide Children’s Hospital, Downtown Columbus, and German Village, with easy access to I‑70 and I‑71.; Mixed‑use property with diversified income potential from street‑level retail and updated residential units.; Updated apartment units featuring newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and tiled bathrooms.
More about this property
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