Property profile

1704 Parsons Ave Columbus, OH 43207

OFF-MARKET
Retail properties & Spaces
5,040 SF Built 1913
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1704 Parsons Avenue in Columbus, Ohio's vibrant Hungarian/Vassor Village, just south of the downtown area. The property, identified by APN 010-026793-00 in Franklin County, offers a single-tenant space within a mixed-use building. The building itself boasts a total of 5,040 square feet, distributed across two stories, and sits on a 0.15-acre lot. This specific retail space comprises 1,000 square feet and is situated on the ground floor. Constructed in 1913, the building is classified as Class C. The zoning designation is ORIG, Commercial, C4, established on 2/27/1928, and further identified as H-60. The property's convenient location is further emphasized by its proximity to Parsons Avenue and E. Hinman Avenue. The current tenant has made significant improvements, including the installation of security bars, counters, metal shelving, cameras, and a comprehensive security system. This turnkey space presents a unique opportunity for a variety of retail businesses seeking a well-established location in a thriving Columbus neighborhood. The property is zoned for commercial use and offers a single suite within a building that blends ground floor retail with upper-floor residential units.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1913
Total area 5,040 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
  • Discount Store (Bike/Boat/Book/etc) Store

Location

1704 Parsons Ave 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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