1084-1086 E Hudson St Columbus, OH 43211
Mixed-use property with residential and retail units in North Linden.
Property size:
8,953 SFProperty Features for 1084-1086 E Hudson St
General Information
- Size
- 8,953 SF
Building Details
- Year built
- 1940
Source:
Ohioequities
Listing Agent: Bastian Gehrer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Investment with Repositioning Potential
The property at 1084 E Hudson St is a mixed-use investment opportunity, featuring 13 residential units and a street-level retail space. The unit mix includes twelve 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, along with a single retail suite. The retail tenant provides a steady income stream of $2,100 per month, totaling $25,000 annually. The property is located in the North Linden neighborhood of Columbus, offering access to I-71, OSU, Clintonville, and Downtown. Situated along the E Hudson corridor, the location benefits from high traffic counts and visibility. The property is positioned in an area experiencing investor interest due to its affordability relative to nearby rental corridors like Clintonville and Old North. The existing residential rent for the occupied unit is $700 per month, with market rents in the Northeast Columbus/North Linden area averaging over $1,200 per unit. The property size is 8,953 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9808485
- Latitude
- 40.0145936
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with residential and retail units in North Linden.
Where is this mixed-use property located?
The property is located at 1084-1086 E Hudson St Columbus, OH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: - Significant rent growth opportunity: Market rents average $1,200+/unit compared to the current $700/unit for the occupied unit.; - Below-market entry basis at $82k/unit, offering double-digit returns with a 9.16% pro forma cap rate.; - Prime location in North Linden with high visibility on E Hudson St and direct access to I-71, OSU, Clintonville, and Downtown.