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Mixed-Use Property with Retail Space

555 West 5th Avenue, Columbus, OH 43201

For Lease
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Mixed-use property featuring retail space in an urban oasis.

Space SizeContact for details
Days on Market355

Property Features for 555 West 5th Avenue

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood Milo-Grogan
Listing Agency: CBRE | Columbus
Listed By: Luke Streng · License OH #2007004532
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 11 Last Checked: May 19 at 8:35PM

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 CBRE | Columbus

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Investment Insights

Based on property information with market context.

This mixed-use property offers retail space within an urban environment. The location includes residential options, neighborhood-scale retail, a park, and a hotel, complemented by various amenities. The property provides residential offerings to meet diverse needs. The property size is 3530 square feet.

Key Highlights

  • Mixed‑use urban oasis environment
  • Neighborhood‑scale retail on‑site
  • On‑site park for relaxation and recreation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Founders Apartment Complex

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Acupuncture Home Appliance Store Nursing Home Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby

Demographics for 43201, OH

37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Columbus, OH

$21.85 /SF/Yr
Avg Asking Price
$1.87–$200 /SF/Yr
Price Range
11,610 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Columbus, OH

$18.43 Jul
$23.38 Aug
$23.22 Sep
$21.85 Oct

Properties on Market for Retail space in Columbus

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Columbus, OH

5.4% 2019
5.2% 2020
4% 2021
3.8% 2022
3.5% 2023
3.8% 2024
4.1% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use property featuring retail space in an urban oasis.
Where is this retail space located?
The property is located at 555 West 5th Avenue Columbus, OH.
What are key features of this property?
This property features: Mixed‑use urban oasis environment; Neighborhood‑scale retail on‑site; On‑site park for relaxation and recreation
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