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    FOR SALE
    Retail space

    1220-1222 Parsons Ave Columbus, OH 43206

    2,628 SF Built 1920
    Property ID
    US66-Q006550
    1220-1222 Parsons Ave, Columbus, OH 43206 For Sale 1 / 55
    $260,000 2,628 SF
    1220-1222 Parsons Ave, Columbus, OH 43206
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    Court Appointed Receiver Sale, 1220-1222 Parsons Ave, a mixed-use investment property located in close proximity to Nationwide Children’s Hospital, with convenient access to Downtown Columbus, German Village, and major highway corridors including I-70 and I-71. The building features three total units, consisting of one street-level retail space, one 2-bedroom, 1 bathroom, and one 1-bedroom, 1 bathroom apartment units. The property is visually distinctive, with large-scale murals on two sides of the building that enhance street presence and visibility. Dedicated off-street parking adds functional value for both residential and retail occupants. The apartment units have been previously updated with newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and tiled bathrooms. The combination of updated residential units and street-level retail provides diversified income potential in a high-demand location. This asset is well-suited for investors or owner-users seeking a mixed-use property near a major employment and medical hub. Property Information and Showings Please contact Kurt at kurt@ prodigyprop.com with questions or to schedule a tour. Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice

    Property profile
    Verified
    Property type Retail space
    Year built 1920
    Total area 2,628 SF
    UPID US66-Q006550
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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