994 Livingston Ave Columbus, OH 43205
- Mixed-use properties
- 4,218 SF
- 0.28 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 994 Livingston Ave
- Year built
- 1920
- Lot size
- 0.28 lot acres
- Property size
- 4,218 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, located at 994 E Livingston Avenue Unit 996 in Columbus, Ohio, presents a unique investment opportunity. Spanning 4,218 square feet on a 0.28-acre lot, the building currently features two residential units and two commercial units. Its strategic location offers convenient proximity to Nationwide Children's Hospital, ensuring high visibility and potential for strong rental income. The property is zoned to allow conversion to a purely residential configuration of two units, providing flexibility for future development and adaptation to market demands. The current owner has already undertaken significant improvements and renovations, and detailed documentation including architectural drawings and information regarding the new zoning is readily available. This documentation outlines the scope of the work completed, allowing potential buyers to fully assess the property's condition and potential. Furthermore, the area is eligible for tax abatement, offering significant financial advantages to the new owner. This presents a compelling opportunity to acquire a well-located, adaptable property with a proven track record of improvements, offering both immediate income potential and long-term growth prospects. The combination of its versatile zoning, prime location, and existing improvements makes this a truly exceptional investment opportunity in the thriving Columbus market.
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
- -82.9713
- Latitude
- 39.9498
