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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

618 Neil Ave Columbus, OH 43215

18,416 SF 0.19 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional 18,416 square foot property, located at 618 Neil Avenue in Columbus, Ohio, presents a unique investment opportunity. Built in 1900, this two-story building boasts a main-level event space complete with a ballroom dance floor, perfect for weddings, galas, or other large-scale events. A lower-level speakeasy and cocktail lounge adds another dimension, complete with a valid liquor license. The property includes a catering kitchen, fully equipped to support events. Current furnishings and event supplies are available for purchase. Situated in the vibrant Victorian Village, just outside the Arena District and Short North, this location offers unparalleled visibility and accessibility. With over 10,700 vehicles passing daily at the intersection of Neil and Goodale Avenues, and a short walk to downtown and sporting venues, the property benefits from high traffic and foot traffic. The 0.19-acre lot is zoned 499 - Other Commercial, allowing for diverse repurposing options, including restaurant, brewery, residential, office, school, or co-working space. The property's APN is 010-066956-00. Asking price is $2,000,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1900
Total area 18,416 SF
Lot 0.19 ac (8,276 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
Current use
Occupant on record · Public records
  • Fur Star Pet Care, LLC. Kennel & Boarding Facility
  • The Sanctuary on Neil Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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