493 W Chapel St Columbus, OH 43215

Listing agency The Robert Weiler Company a***@rweiler.com Show Phone

Listed by Alex Marsh · License #2013002225

Source Crexi

Added: Mar 30 Updated: Jul 22 at 5:03PM Checked: Jul 22 at 5:03PM

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Investment Insights

Based on property information with market context.

This listing offers four continuous commercial land parcels presented together as a portfolio or available to purchase individually. The total site area is approximately 0.25 acres. The property is located in a federally designated Opportunity Zone and currently benefits from a tax abatement, and qualifying improvements may qualify for a 10% State of Ohio tax credit that can be sold for cash to support project returns.

Zoning allows residential, commercial, or mixed-use development, providing flexibility for a range of project concepts. The site is described as minutes from Downtown Columbus, aligning it with ongoing investment and growth in the East Franklinton submarket.

Key Highlights

• Four continuous parcels in East Franklinton (Columbus, OH) totaling about 0.25 acres
• Option to purchase parcels individually or as a portfolio of four continuous parcels
• Located in a federally designated Opportunity Zone

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FAQs

What type of property is this?

Commercial land - Four continuous parcels totaling about 0.25 acres, zoned for residential, commercial, or mixed-use development.

Where is this commercial land located?

The property is located at 493 W Chapel St Columbus, OH.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: Four continuous parcels in East Franklinton (Columbus, OH) totaling about 0.25 acres; Option to purchase parcels individually or as a portfolio of four continuous parcels; Located in a federally designated Opportunity Zone