Mixed-Use Development Land
498 W Town Street Columbus, OH 43215
498 W Town Street, Columbus, OH, 43215
$224,900
For Sale
$224,900
LAND - Columbus, OH
Lot Size0.05 Acres
Days on Market47
Property Features for 498 W Town Street
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 010-023696
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 228
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Water source
- Public
Listing agency
The Brokerage House
(614) 500-7870
Listed by
Emily Groza Yoko · License #2017005843
(614) 403-8444
Added: Jun 5 Updated: Jul 21 at 12:05AM Checked: Jul 21 at 6:06PM
MLS# 226020452
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
498 W Town Street is a for-sale commercial land lot in Columbus, OH. The offering includes information indicating the seller has made plans available for a single-family home that has been approved for the lot, providing an established starting point for a residential build. The property is also described as qualifying for a 15-year tax abatement and being located in an opportunity zone, which may be relevant to certain financing and development structures.
The remarks further indicate the lot is zoned for residential, restaurant commercial, and retail use. The seller notes the possibility of acquiring adjacent and related parcels for a broader assembly, including 494 W Town Street as a neighboring lot option, as well as 493 & 497 W Chapel available individually or as part of a package.
This parcel is best suited for developers or owner-builders looking for zoning flexibility across residential and certain commercial retail concepts, with an approved single-family home plan already referenced for convenience. Prospective buyers may also want to review the opportunity zone and 15-year tax abatement details as part of their feasibility and structuring for the intended use. For larger layouts, the availability of neighboring lots may support an expansion strategy based on the buyer’s development needs.
The remarks further indicate the lot is zoned for residential, restaurant commercial, and retail use. The seller notes the possibility of acquiring adjacent and related parcels for a broader assembly, including 494 W Town Street as a neighboring lot option, as well as 493 & 497 W Chapel available individually or as part of a package.
This parcel is best suited for developers or owner-builders looking for zoning flexibility across residential and certain commercial retail concepts, with an approved single-family home plan already referenced for convenience. Prospective buyers may also want to review the opportunity zone and 15-year tax abatement details as part of their feasibility and structuring for the intended use. For larger layouts, the availability of neighboring lots may support an expansion strategy based on the buyer’s development needs.
Key Highlights
- Lot qualifies for 15‑year tax abatement and is located in an opportunity zone.
- Zoned for residential, restaurant commercial, and retail use (mixed‑use development flexibility).
- Public utilities available: water and public sewer.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Small-town lot in an opportunity zone with approved plans for a single-family home option.
Where is this residential land & home lot located?
The property is located at 498 W Town Street Columbus, OH.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Lot qualifies for 15‑year tax abatement and is located in an opportunity zone.; Zoned for residential, restaurant commercial, and retail use (mixed‑use development flexibility).; Public utilities available: water and public sewer.
