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Historic Landmark Adaptive Reuse Opportunity
For Sale
$2,850,000

167 S High Street, Columbus, OH 43215

Historic Columbus landmark offering adaptive reuse potential with tax credits.

Property Size32,104 SF
Lot Size0.27 Acres
Price / SF$88.77
Days on Market188

Property Features for 167 S High Street

General Information

Standard status Active
Size 32,104 SF
Lot size 0.27 Acres
Property subtype Retail

Building Details

Year Built 1911
Listing Agency: NAI Ohio Equities
Listed By: Peter Merkle · License #439173
Source: Ohioequities
Added: Jan 27 Changed: Jul 6 Last Checked: Aug 2 at 6:33AM

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 NAI Ohio Equities

Investment Insights

Based on property information with market context.

The property at 167 S. High Street is a historic landmark in Columbus, presenting an investment opportunity for adaptive re-use. The building is supported by $1.455 million in Ohio Historic Preservation Tax Credits and $2.0 million Federal HTC (20% of Qualified Rehabilitation Expenditures). Designed by architects Richards, McCarty & Bulford, the building showcases Neoclassical Greek Revival architecture with brick construction and a stone façade. Encompassing 32,104 square feet across four stories, the property includes two passenger elevators and is situated on a 0.27-acre corner lot. Originally built in 1911 and renovated in 1955, it is zoned Downtown District (DD). The property may also be purchased with the adjacent property at 171–191 S High Street. The surrounding area is a location for downtown investment, near the Scioto Mile, the Columbus Commons, and the Arena District. The neighborhood offers a mix of dining, entertainment, and cultural experiences.

Key Highlights

  • Significant Tax Credits: $1.455M Ohio Historic Preservation Tax Credits and $2.0M Federal HTC offer substantial financial incentives.
  • Prime Downtown Location: Situated in the heart of Columbus, offering high foot traffic and proximity to major attractions.
  • Historic Landmark with Architectural Significance: A well‑known historic building featuring Neoclassical Greek Revival architecture.

Property Analytics

Current Use

Manring & Farrell Law Firm SR-22! Insurances-!! Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Grocery & Convenience Store Clothing & Fashion Store Mobile Phone 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

6,826
Businesses Nearby

Demographics for 43215, OH

20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value

Market

Average Price Trend$/SF for Retail properties & Spaces in Columbus, OH

$141 Feb
$165 Mar
$139 Apr
$139 May
$136 Jun
Jul

Properties on Market for Retail properties & Spaces in Columbus

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in Columbus, OH

5.4% 2019
5.2% 2020
4% 2021
3.8% 2022
3.5% 2023
3.8% 2024
4.1% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Historic Columbus landmark offering adaptive reuse potential with tax credits.
Where is this retail property located?
The property is located at 167 S High Street Columbus, OH.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Significant Tax Credits: $1.455M Ohio Historic Preservation Tax Credits and $2.0M Federal HTC offer substantial financial incentives.; Prime Downtown Location: Situated in the heart of Columbus, offering high foot traffic and proximity to major attractions.; Historic Landmark with Architectural Significance: A well‑known historic building featuring Neoclassical Greek Revival architecture.
More about this property
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