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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1503 Frebis Ave Columbus, OH 43206

14,890 SF 1.71 ac lot Built 1966
Property ID
Property summary
AI-generated overview

This exceptional 2,184 square foot commercial space, located at 1503 Frebis Avenue in Columbus, Ohio, presents a unique opportunity for businesses seeking a high-visibility location. Situated in the Southside Columbus submarket, this single-tenant property boasts a prime position at the signalized intersection of Fairwood and Frebis Avenues, experiencing high traffic volume exceeding 13,000 cars daily. The property is part of a larger 14,890 square foot building, classified as Class B, originally constructed in 1966 and extensively renovated in 2021. The space features an open floor plan, ideal for diverse business needs, and includes two ADA-compliant restrooms. The modified gross lease is priced at $3,200 per month, with utilities, janitorial services, and unit maintenance the responsibility of the tenant. The property benefits from a new roof (2020) and new rooftop HVAC units with updated interior drops (2019). Conveniently located on the COTA bus line, this easily accessible property is zoned C3 General Commercial, Limited, and offers 12 total parking spaces. The 1.71-acre lot provides ample space and visibility. This versatile space is perfect for retail or office use. The APN is 010-089855-00.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1966
Total area 14,890 SF
Lot 1.71 ac (74,488 SF)
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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