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Mixed-Use Property with Apartments

878 Mount Vernon Ave, Columbus, OH 43203

For Sale
New
$400,000

Business Opportunity, Columbus, OH

Property Size9,913 SF
Lot Size0.13 Acres
Price / SF$40.35
Days on Market4

Property Features for 878 Mount Vernon Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed Use
High school district Columbus City School District
Standard status Active
APN 010-046318-00
Size 9,913 SF
Lot size 0.13 Acres

Site & Location

Corner Location Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Annual Amount 5344

Building Details

Year built 1920
Building materials Brick
Roof type Asphalt
Buildings 2
Listing Agency: Ohio Real Estate Auctions LLC
Listed By: Christopher Cox · License #SL3538748
Added: Nov 4 Last Checked: Nov 7 at 12:06AM
MLS# 12054778

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property comprises two brick buildings with 11 units across approximately 9,913 square feet. The three-story building combines ground-floor retail with apartments above; a separate two-story apartment building completes the configuration. The buildings date to 1920 and sit on an approximately 0.13-acre corner lot.

The property is on Mount Vernon Avenue in Columbus’s King-Lincoln Bronzeville area, with Downtown Columbus and I-71 and I-670 described as minutes away. Storefront exposure faces a corridor with moderate-to-heavy traffic. Sidewalks and public utilities are available.

Key Highlights

  • 11 units across two brick buildings
  • Approximately 9,913 square feet on an approximately 0.13‑acre corner lot
  • Three‑story building with ground‑floor retail and apartments above

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby

Demographics for 43203, OH

8,726
Population
5,301
Households
1.6
Avg Household Size
32
Median Age
30%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
6,233
Density / Sq Mi
$44,099
Median Household Income
$36,918
Median Earnings
$930
Median Rent
$282,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Columbus, OH

$111 Jul
$157 Aug
$198 Sep
$174 Oct

Properties on Market for Mixed-use properties in Columbus

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space and apartments occupy two brick buildings on a corner parcel along Mount Vernon Avenue.
Where is this mixed-use property located?
The property is located at 878 Mount Vernon Ave Columbus, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 11 units across two brick buildings; Approximately 9,913 square feet on an approximately 0.13‑acre corner lot; Three‑story building with ground‑floor retail and apartments above
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