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    36 Garfield Ave Columbus, OH 43205

    Sponsored
    For Sale
    $875,000

    Historic building, huge potential, needs renovation.

    Property size:
    16,739 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This unique 16,739 square foot property located at 36 S Garfield Avenue in Columbus, Ohio, presents a fantastic redevelopment opportunity. Originally constructed in 1926, this special purpose building previously served as a church and event space. The asking price is $875,000, translating to $32.36 per square foot. While the building requires substantial renovation, its considerable size and prime location offer significant upside potential for the right buyer. The property sits on a 12,632.4 square foot lot, providing ample space for future development or expansion. The net rentable square footage is 27,043 square feet, suggesting potential for multiple uses. This presents a rare chance to acquire a large, historic building in a desirable Columbus neighborhood (zip code 43205) with the potential for a high return on investment after necessary improvements. The property's history and unique architectural features offer a compelling foundation for a variety of creative repurposing projects. Serious inquiries only. Buyers should be prepared for significant renovation costs.

    Property Features for 36 Garfield Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    16,739 SF

    Building Details

    Year Built
    1926

    HighLights

    • 16,739 SF building on a 12,632.4 SF lot in Columbus, OH (zip code 43205).
    • $875,000 asking price ($52.11 PSF).
    • Needs substantial renovation.
    • Former church/event space with significant redevelopment potential.
    • 27,043 SF net rentable area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9797666
    Latitude
    39.9637845

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    FAQs

    What type of property is this?
    Specialty property - Historic building, huge potential, needs renovation.
    Where is this specialty property located?
    The property is located at 36 Garfield Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 16,739 SF building on a 12,632.4 SF lot in Columbus, OH (zip code 43205).; $875,000 asking price ($52.11 PSF).; Needs substantial renovation.
    Request Owner's contact information
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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
    36 Garfield Ave Columbus, OH 43205
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