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    15-17 5Th Ave Columbus, OH 43201

    Sponsored
    For Lease
    $12 SF/Yr ($10,208 /Mo)

    Prime Columbus location, two spaces available

    Lot size:
    10,208 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 15-17 W 5th Ave in Columbus, Ohio, presents a unique investment opportunity in the vibrant Short North Arts District. The property consists of a 10,208 square foot building situated on a 0.42-acre lot in Franklin County (zip code 43201). Currently, two retail spaces are available for lease, offering flexible sizes ranging from 2,200 to 3,000 square feet. The building's prime location offers unparalleled access to the area's thriving cultural scene, including numerous galleries, theaters, shops, hotels, and restaurants. Its convenient location just off North High Street, immediately north of downtown Columbus and south of Ohio State University, ensures high visibility and foot traffic. One available space is a 2,200 square foot street-level unit featuring a large open area, private offices, and storage. This property is part of a larger mixed-use building, offering a blend of retail and residential components. The property's strategic location within the Short North Arts District provides an exceptional opportunity for businesses seeking a high-traffic, culturally rich environment. This is an ideal location for businesses seeking to capitalize on the area's unique character and strong consumer base. The property is classified as retail and land, with multiple tenancy.

    Property Features for 15-17 5Th Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,208 SF
    Total Rate
    10208

    Unit(s) available at that property

    Space
    15
    Size
    2,200 SF
    Rate per SF
    $12
    Space
    17
    Size
    3,000 SF
    Rate per SF
    $12

    HighLights

    • 10,208 SF building on a 0.42‑acre lot in Columbus, OH's Short North Arts District (zip code 43201).
    • Two retail spaces available for lease, 2,200 - 3,000 SF each.
    • Prime location on W 5th Ave, near North High St, offering high visibility and foot traffic.
    • One available space is a 2,200 SF street‑level unit with open area, private offices, and storage.
    • Mixed‑use building with retail and residential components.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.001221
    Latitude
    39.9929821

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    FAQs

    What type of property is this?
    Land - Prime Columbus location, two spaces available
    Where is this land located?
    The property is located at 15-17 5Th Ave Columbus, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 10,208 SF building on a 0.42-acre lot in Columbus, OH's Short North Arts District (zip code 43201).; Two retail spaces available for lease, 2,200 - 3,000 SF each.; Prime location on W 5th Ave, near North High St, offering high visibility and foot traffic.
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    Columbus, OH 43201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15-17 5Th Ave Columbus, OH 43201
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