1022 Broad St Columbus, OH 43222
- Retail properties
- 8,000 SF
- 0.35 lot acres
Current Use by Public Records
- Drumin On 69 / Drum Store
Property Details for 1022 Broad St
- Year built
- 1947
- Lot size
- 0.35 lot acres
- Property size
- 8,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0278
- Latitude
- 39.959
