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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1022 Broad St Columbus, OH 43222

8,000 SF 0.35 ac lot Built 1947
Property ID
Property summary
AI-generated overview

This 8,000-square-foot mixed-use building, located at 1022 W Broad St in Columbus, Ohio's vibrant Franklinton neighborhood, presents a unique investment opportunity. The property boasts a prime location on a busy thoroughfare, experiencing approximately 13,000 vehicles per day, ensuring high visibility for any business. The building, constructed in 1947, features two stories: 5,500 square feet on the first floor and 2,500 square feet on the second, currently vacant and in shell condition, allowing for complete customization to suit a variety of commercial uses. Situated on a 0.35-acre lot, the property includes two convenient on-site parking/outdoor storage areas. Its LC-4 zoning and Opportunity Zone designation further enhance its appeal, offering flexibility and potential tax advantages. The asking price is $795,000. This Class C building offers a blank canvas for a creative entrepreneur or investor seeking a high-traffic location in a rapidly developing area. The property's size, location, and zoning make it suitable for a wide range of businesses, from creative offices and storefronts to traditional office spaces. The vacant status allows for immediate occupancy and the opportunity to design a space perfectly tailored to specific needs. The ample parking adds significant value and convenience. This is a rare chance to acquire a substantial commercial property in a thriving Columbus neighborhood.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1947
Total area 8,000 SF
Lot 0.35 ac (15,246 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Drumin On 69 (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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