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Property profile

116 Miami Ave Columbus, OH 43203

OFF-MARKET
Specialty properties
Property ID
US66-0498207
18,444 SF 0.35 ac lot
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Property summary

AI-generated overview

This exceptional property, located at 116 Miami Ave, Columbus, Ohio 43203, presents a unique opportunity. Currently configured as a religious facility, this 18,444 square foot building sits on a 0.35-acre lot and is zoned Residential, R2F. The main level features an altar, sanctuary with seating for over 268, baptistry, an oversized office, two standard offices, five classrooms, a choir area with seating for 32, a restroom, and four entry foyers. The second floor includes ten additional classrooms and an office. A lower level, not included in the square footage, offers a kitchen with a hood, meeting room, banquet room with stage seating for 153, storeroom, two storage areas, two mechanical rooms, and multiple restrooms. On-street parking is available. This property is being offered via online auction with a reserve price of $400,000. The auction begins June 24th and concludes July 15th at 7:00 PM. This versatile property presents significant potential for continued religious use or adaptive reuse, situated in an Opportunity Zone. The property is comprised of one parcel. Detailed information regarding the auction process is available online.

Property profile

Verified
Property type Specialty properties
Total area 18,444 SF
Lot 0.35 ac (15,246 SF)
UPID US66-0498207

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
  • Church

Location

116 Miami Ave Columbus, OH 43203
Columbus metro
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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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