Approved Multifamily Development
1036 S Front Street Columbus, Columbus, OH 43206
New
0.596-acre parcel in Columbus’ Urban Center District with COA approval to demolish and build a 6-story, 106-unit apartment project.
Type:Land
Property size:
7,464 SFPrice / SF:
$241/SF- Added:
- Jul 7, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 7 at 6:58 am
Property Features for 1036 S Front Street Columbus
General Information
- Standard status
- Active
- Size
- 7,464 SF
- Property subtype
- Land
Building Details
- Year Built
- 1963
Listing office (614) 333-1934
Listing date Jul 7, 2026
Source Mainrealtors
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 Dan Ohayon
HighLights
- 0.596‑acre parcel in Columbus Urban Center (UCT) District on the southeast corner of S. Front St/W. Deshler Ave
- Recently approved Certificate of Appropriateness (COA) for demolition of the existing building and construction of a 6‑story, 106‑unit apartment building
- BZA variances approved for general requirements, on‑site parking, and vision clearance
- UCT zoning permits 7‑story maximum (85' max height), 0' min setback, and no max building coverage (no min parking requirement)
- City‑wide CRA available with a 20% affordability component for a 15‑year 100% tax abatement
- Existing structure previously used as WWCD Radio and Swiss House; building includes 9,952 SF total (7,464 SF finished)
Overview
The property is an approved development site on a 0.596-acre corner location. Historic Resource Commission approval has been granted for a Certificate of Appropriateness for demolition of the existing building and for construction of a 6-story, 106-unit apartment building. Zoning variances to the UCT Urban Center District have also been approved for general requirements, on-site parking, and vision clearance.
The site is located in the Brewery District at the southeast corner of S. Front St. and W. Deshler Ave, bounded by Redbud Alley and S. Wall St. In Columbus Zoning, the Urban Center (UCT) district permits up to 7 stories / 85' maximum height, with a 0' minimum setback, no maximum building coverage, and no minimum parking requirement. A city-wide CRA is described as available with a 20% affordability component that would provide a 15-year 100% tax abatement.
The approvals and zoning allowances support a multi-family redevelopment, and the seller notes the site may be suitable for other mixed-use concepts, including condo, hotel, restaurant, offices, church, private club, or climate-controlled self-storage. The prior improvements include a WWCD Radio use and a former Swiss House concept with an alpine chalet-designed building totaling 9,952 SF (7,464 SF finished), along with a bar and commercial kitchen.
The site is located in the Brewery District at the southeast corner of S. Front St. and W. Deshler Ave, bounded by Redbud Alley and S. Wall St. In Columbus Zoning, the Urban Center (UCT) district permits up to 7 stories / 85' maximum height, with a 0' minimum setback, no maximum building coverage, and no minimum parking requirement. A city-wide CRA is described as available with a 20% affordability component that would provide a 15-year 100% tax abatement.
The approvals and zoning allowances support a multi-family redevelopment, and the seller notes the site may be suitable for other mixed-use concepts, including condo, hotel, restaurant, offices, church, private club, or climate-controlled self-storage. The prior improvements include a WWCD Radio use and a former Swiss House concept with an alpine chalet-designed building totaling 9,952 SF (7,464 SF finished), along with a bar and commercial kitchen.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.3k | $19.20 |
| − Vacancy | −$10.0k | −$1.34 |
| EGI | $133.3k | $17.86 |
| − OpEx | −$33.3k | −$4.46 |
| NOI | $100.0k | $13.39 |
7,464 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $99,958 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$730.4K
$639.1K – $852.1K
NOI $51,127 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.56M
$1.36M – $1.81M
NOI $108,887 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
WWCDradio.com
Radio Station
Big Room Bar
Music Venue
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9976885
- Latitude
- 39.9408018
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 0.596-acre parcel in Columbus’ Urban Center District with COA approval to demolish and build a 6-story, 106-unit apartment project.
Where is this apartment building located?
The property is located at 1036 S Front Street Columbus Columbus, OH.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 0.596‑acre parcel in Columbus Urban Center (UCT) District on the southeast corner of S. Front St/W. Deshler Ave; Recently approved Certificate of Appropriateness (COA) for demolition of the existing building and construction of a 6‑story, 106‑unit apartment building; BZA variances approved for general requirements, on‑site parking, and vision clearance
