39 Hubbard Ave Columbus, OH 43215
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.