1100 Mediterranean Ave, Columbus, OH 43229-2500
- Motels
- 48,160 SF
- 2.02 lot acres
Current Use by Public Records
- Candlewood Suites Columbus North, an IHG Hotel / Hotel & Motel
- Columbus SR-22 Insurance / Insurance Agency
Property Details for 1100 Mediterranean Ave
- Year built
- 1987
- Lot size
- 2.02 lot acres
- Property type
- Motels
- APN
- 010-196700
- APU
- 10196700
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 12, 2025 | — | Kautilya Columbus Hotel LLC | — | Deed · related | $7.5M · Btg Pactual Notus Credi Fund LP |
| Mar 17, 2025 | — | Continent Land Development LLC | Continent Land Development LLC | Deed · related | — |
| May 1, 2024 | — | Kautilya Columbus Hotel LLC | — | Deed · related | $7.5M · Lamar National Bank |
| Jan 24, 2023 | $3,000,000 | Kautilya Columbus Hotel LLC | Zeal Hotel Group Ltd | Quit Claim Deed · related | $1.5M · Zeal Hotel Group Ltd |
| Sep 12, 2018 | — | Zeal Hotel Group Ltd | — | Deed · related | $500k · Nilesh Patel |
| Nov 3, 2005 | $2,000,000 | Ddsj LLC | Donlen Columbus Hotel | Quit Claim Deed · related | $2M · Comerica Bank |
| Feb 23, 1998 | $22,100,000 | Columbus Partners LP Benton | Ab Reo Vi LLC | Grant Deed | — |
| — | — | Zeal Hotel Group LLC | — | Deed Of Trust · related | $2.4M · Commercial Savings Bank |
| — | — | Zeal Hotel Group Ltd | — | Deed Of Trust · related | $500k · Nilesh Patel |
Description
This exceptional 4-story hotel, located at 1100 Mediterranean Avenue in Columbus, Ohio, presents a unique investment opportunity. The property boasts a substantial 48,160 square feet of space situated on a 2.02-acre lot, offering significant potential for future development. The entire building has undergone a complete renovation, extending from the foundation to the rooftop and parking area. All 102 rooms are fully furnished and equipped with modern amenities including a kitchen with dishwasher, beds, TV, phone, coffee maker, mattress and box spring, and drapes. The property includes 8 ADA-compliant units and 8 one-bedroom units, with the remaining 86 units configured as studios. All units feature brand new fixtures and furniture. Building amenities include two elevators, building-wide Wi-Fi and cable TV, and comprehensive security cameras both inside and outside the building. Its convenient location provides easy access to I-71 and I-161, adding to its appeal. Furthermore, this property is situated within an Opportunity Zone, presenting additional investment incentives. The asking price for this fully renovated, turnkey hotel is $10,750,000. The property's current configuration as a hotel offers immediate income potential, while its size and location also allow for the possibility of conversion to apartments, should the new owner choose to pursue that option. This is a rare opportunity to acquire a completely renovated, high-amenity property in a prime Columbus location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9883
- Latitude
- 40.0913
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
