Property profile

1600 6Th St Columbus, OH 43207

OFF-MARKET
Specialty properties
3,456 SF 0.18 ac lot
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Property summary

AI-generated overview

This exceptional mixed-use property in Columbus, Ohio, presents a unique investment opportunity. Located in the desirable Merion Village neighborhood, this offering encompasses two buildings totaling 3,456 square feet on a 0.18-acre corner lot. The property benefits from high visibility and accessibility, with convenient proximity to Downtown Columbus, German Village, and the Brewery District, as well as major highways I-71 and I-70. One building, recently renovated in 2023, comprises 1,296 square feet and currently generates income as a short-term residential rental. The second building offers 2,160 square feet of adaptable space suitable for creative office, traditional office, or special purpose uses, aligning with the Z05-022, Residential, R2F permitted zoning. The property includes 11 parking spaces, adding significant value. This owner/user investment opportunity is priced at $700,000 and is available for occupancy on November 1, 2024. The two-story buildings offer a versatile layout and significant potential for a variety of uses, making this an ideal investment for both short-term and long-term growth.

Property profile

Verified
Property type Specialty properties
Total area 3,456 SF
Lot 0.18 ac (7,841 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

1600 6Th St Columbus, OH 43207
Columbus metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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