Signalized Intersection Redevelopment
For Sale
$1,800,000
5240 E Main St, Columbus, OH 43213
Large parcel at a signalized intersection offers redevelopment potential in Columbus, Ohio.
Property Size7,500 SF
Price / SF$240
Days on Market113
Property Features for 5240 E Main St
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Single-Tenant Vacant-User
Lease Type
NNN
Amenities
SINGLE TENANT RETAIL PROPERTY: 7,500-Square-Foot Former Restaurant and Bakery on a Large 1.82 Acre Lot. Zoned for a Variety of Commercial and Retail Redevelopments.
LARGE PARKING LOT: Fully Lit Parking Area with 150 Surface Parking Spaces, Lighted Pylon Sign and Port a Cochere.
HARD, SIGNALIZED CORNER LOCATION: Located Along Busy East Main Street with Two Points of Ingress and Egress for Easy Access from All Traffic Directions.
STRONG TRAFFIC LOCATION: Located Just Off of Interstate 270/Columbus Outerbelt, Seeing Over 115,000 Vehicles per Day (VPD). E. Main Street Sees Over 19,000 Vehicles per Day. The Intersection Provides Easy Crosswalk Access and City Bus Stops Adjacent to the Property.
DENSE RETAIL AND RESIDENTIAL CORRIDOR: E Main Street is a Major Transit Link Connecting the Reynoldsburg Suburb Through Whitehall and Bexley into Downtown Columbus,Jjust Five Miles from the Property.
PROXIMITY TO MAJOR TRAFFIC DRIVERS: The Property is Eight Miles from Columbus John Glenn International Airport which Sees Over Nine Million Annual Passengers and 15 Miles from Ohio State University with Over 60,000 Students.
STRONG AND GROWING DEMOGRAPHICS: The Population Exceeds 247,800 within Five-Miles of the Property and is Projected to Increase by 2030.
CORPORATE AND GOVERNMENT PRESENCE: Columbus is the State Capital and a National Transportation Hub, Home to Five Fortune 500 Companies. The Region has also Emerged as a Major Data Center Hub for Tech Giants Including Meta,Google and Amazon.
Building Details
Building Size
7,500 SF
Listing Agency:
Marcus & Millichap - Columbus
Listed By:
Dan Yozwiak · License #License(s): OH: SAL.2008003600
(614) 360-9036
Source:
Marcusmillichap
Added: May 18
Changed: Aug 16
Last Checked: Sep 7 at 5:03AM
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 Marcus & Millichap - Columbus
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present an offering for a large parcel positioned at a signalized intersection. The property is available for sale and is well-suited for buyers looking for a redevelopment opportunity.
The site is located at 5240 E Main St in Columbus, Ohio (43213). Its prominent signal-controlled intersection setting supports adaptive reuse and redesign possibilities for an incoming development plan.
Additional details regarding existing improvements, configurations, and permitting considerations were not provided in the materials available for this listing, and interested parties should request the full offering package for specifics.
The site is located at 5240 E Main St in Columbus, Ohio (43213). Its prominent signal-controlled intersection setting supports adaptive reuse and redesign possibilities for an incoming development plan.
Additional details regarding existing improvements, configurations, and permitting considerations were not provided in the materials available for this listing, and interested parties should request the full offering package for specifics.
Key Highlights
- Large parcel redevelopment opportunity at a signalized intersection in Columbus, Ohio
- Located at a signalized intersection in Columbus, Ohio
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
Explore this area
Business Placement
Demographics for 43213, OH
35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Large parcel at a signalized intersection offers redevelopment potential in Columbus, Ohio.
Where is this specialty property located?
The property is located at 5240 E Main St 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: Large parcel redevelopment opportunity at a signalized intersection in Columbus, Ohio; Located at a signalized intersection in Columbus, Ohio
