1009-1011 Broad St Columbus, OH 43222
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Prime location, high-yield investment.
Property size:
4,240 SFProperty Features for 1009-1011 Broad St
General Information
- Property type
- Restaurants
- Square Feet
- 4,240 SF
- Class
- C
- Lot Size
- 5,663 SF
Building Details
- Stories
- 2
- Units
- 10
Listing Agent: Randy Sokol
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional two-story, 4,240 square foot mixed-use building in Columbus, Ohio, presents a lucrative investment opportunity. Located at 1009-1011 W Broad St, in the rapidly growing Franklinton area, this property boasts high visibility at the intersection of W Broad St and Dakota Ave. The building features three separate entrances and is zoned for retail with apartments above. Currently, the property includes a thriving pizza shop with a dining room, walk-in cooler, established name, and recipes available for purchase. There is also vacant retail space ready for lease, generating additional income potential. Upstairs, eight single-room apartments are currently rented at $500 per month, providing a stable rental income stream. The property also includes a fenced-in backyard. The building sits on a 0.13-acre lot and is classified as a Class C property with a 9% cap rate and 75% occupancy. The asking price is $699,000, with a potential total rental income of $84,000 annually. This is a unique opportunity to acquire a multi-tenant property in a high-growth area with a proven income stream and significant upside potential. The property is designated as an Opportunity Zone. The lease type is NNN, and the tenancy is multi. The property consists of 10 units.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.027495
- Latitude
- 39.958633
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FAQs
What type of property is this?
Restaurant - Prime location, high-yield investment.
Where is this restaurant located?
The property is located at 1009-1011 Broad St Columbus, OH.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime location in the rapidly developing Franklinton area.; High-traffic corner lot at W. Broad St. & Dakota Ave.; Excellent visibility and accessibility.
