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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

39 Hubbard Ave Columbus, OH 43215

Property ID
Property summary
AI-generated overview

This exceptional restaurant space, located at Parkside on Pearl, presents a unique opportunity for a discerning operator. Situated just off High Street and directly overlooking a city park, this location boasts unparalleled visibility and accessibility. The space offers 1,300 to 1,500 square feet of versatile area, perfect for a cafe or restaurant concept. Noteworthy features include 16-foot ceilings and double-height windows that bathe the interior in abundant natural light, creating a bright and inviting atmosphere. The convenience of ample parking further enhances the appeal of this location. The City of Columbus is investing over $1,000,000 in improvements to the adjacent park, which will include a seating area directly outside the restaurant, promising increased foot traffic and outdoor dining potential. Furthermore, the property is equipped with a hood shaft running through the building and a pre-installed grease trap, significantly reducing initial setup costs and streamlining the permitting process. While the Parkside on Pearl building will be the highest-end multifamily project in Central Ohio, this ground floor retail space offers a unique opportunity to be part of a thriving and upscale community. This is an exceptional opportunity to establish a thriving business in a prime location.

Property profile
Verified
Property type Retail properties & Spaces
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
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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