115 Park Rd Columbus, OH 43235-6428
This unique 1,316 square foot property at 115 Park Road in Columbus, Ohio, presents a compelling investment opportunity. Built in 1920, this special purpose building sits on a substantial 20,908.8 square foot lot, offering significant potential for expansion or development. The interior features an open-concept atrium ideal for entertaining or events, complemented by new Brazilian Maple hardwood floors. Nine-foot windows flood the space with natural light, creating a bright and airy atmosphere. The asking price is $499,000, translating to $379.18 per square foot. Located in Franklin County, Ohio, with a 43235 zip code, this property's blend of historical charm and modern updates makes it suitable for a variety of uses, from creative workspace to a single-family residence, or a lucrative investment. The expansive lot size provides ample room for future expansion or development, adding to its overall appeal and investment potential. This property offers a rare chance to acquire a piece of Columbus history with significant upside. The property's unique features and substantial lot size make it a truly exceptional offering.
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Coe Photographic Inc Marketing & Advertising Advertising Agency
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115 Park Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.