3093 Broad St Columbus, OH 43204
- Mixed-use properties
- 6,430 SF
- 0.14 lot acres
Current Use by Public Records
- Xpression Hair Braiding And Beauty Supply / Hair Salon
Property Details for 3093 Broad St
- Year built
- 1923
- Lot size
- 0.14 lot acres
- Property size
- 6,430 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Columbus, Ohio, presents a compelling investment opportunity. Located on a high-traffic corner of West Broad Street, this 6,430 square foot brick building sits on a 0.14-acre lot and offers unparalleled visibility and accessibility. The first floor currently houses one occupied retail space with potential for two to three additional retail spaces. The existing tenant provides immediate income, while the vacant units offer significant upside for redevelopment and increased rental revenue. The second floor comprises five recently updated apartments, all currently occupied, generating consistent rental income. This property's strategic location on a major east-west corridor ensures high foot traffic and excellent exposure for retail businesses. The combination of established retail and residential units creates a diversified income stream, making it an attractive investment for both seasoned investors and those seeking a stable, high-return property. The building's solid brick construction suggests durability and longevity, further enhancing its investment appeal. Priced at $675,000, this property represents a rare chance to acquire a well-positioned mixed-use asset with significant potential for growth and profitability. The existing infrastructure and strong tenant occupancy provide a solid foundation for future expansion and value appreciation.
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
- -83.083
- Latitude
- 39.9544
