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1270 W Town St Columbus, OH 43222

Grocery and convenience stores Google Maps
1,800 SF 0.09 ac lot Built 1900
Entity Owned 14-yr Hold Free & Clear
Estimated value (blended)
$270k
Range $243k – $297k (±10%)
Property ID US66-1714326

Property summary

AI-generated overview

This exceptional special-purpose property at 1270 W Town Street, Columbus, OH 43222, presents a unique investment opportunity. The 1,800-square-foot building, constructed in 1900, sits on a 4,356-square-foot lot and is offered at $450,000, or $250 per square foot. All existing inventory, including coolers, is included in the sale, providing a turnkey operation for a new owner. The property's location in Columbus offers excellent access to local amenities and transportation. This is a rare chance to acquire an established business with significant potential for growth and customization. The building's 1,800 square feet of net rentable space provides ample room for operations, and the included equipment represents a substantial value-add. The property's history and established clientele provide a solid foundation for future success. This is an ideal opportunity for an entrepreneur seeking to establish or expand their business in a thriving Columbus neighborhood. Serious inquiries are encouraged.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1900
Construction WOOD
Total area 1,800 SF
Lot 0.09 ac (4,138 SF)
APN 010-042654
UPID US66-1714326

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
  • Grocery & Convenience Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2012
3 recorded transactions
2012
$74,200
2007
$60,000
2003
$125,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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