Technical
Financial
Distress signals
Property profile

1001 Mount Vernon Ave Columbus, OH 43203

FOR SALE
Retail space
Property ID
US66-6027659
2,360 SF 0.12 ac lot Built 1921
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,360 square foot retail property, located at 1001 Mount Vernon Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1921, the building sits on a 5,227.2 square foot lot and offers a unique blend of character and potential. The asking price is $550,000, translating to $233.05 per square foot. The property's convenient location offers easy access to downtown Columbus and major highways including I-670, I-71, and I-70, ensuring high visibility and accessibility for businesses. The entire 2,360 square feet is net rentable, providing ample space for a variety of retail uses. This multi-unit retail space is ideal for an investor seeking a strong foothold in a thriving Columbus market. The property's age and location contribute to its unique character, offering a chance to capitalize on the growing demand for distinctive retail spaces in a well-connected area. This is a rare opportunity to acquire a well-situated retail property in a prime Columbus location. The property's size and location make it an attractive investment for both established and emerging businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1921
Construction WOOD
Total area 2,360 SF
Lot 0.12 ac (5,401 SF)
APN 010-041256
UPID US66-6027659

Cap rate & NOI

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

Location

1001 Mount Vernon Ave Columbus, OH 43203
Columbus metro Census 3600 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2024
Last sale
$185,000
2 recorded transactions
2024
Price N/A
2004
$185,000

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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