1550 W 5Th Ave, Columbus, OH 43212
- Office buildings
- 10,450 SF
- 0.68 lot acres
Current Use by Public Records
- Gregory P. Avellana, RD / Physician
- Fox Ronald Ltd & Associates Counseling / Counselor
- Dr. Charles B. May, DO / Pediatrician / Physician
- Stein Joseph R / Physician
- Altic Stephen DO / Pediatrician / Physician
Property Details for 1550 W 5Th Ave
- Year built
- 1972
- Lot size
- 0.68 lot acres
- Property type
- Office buildings
- APN
- 010-061641
- APU
- 10061641
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 12, 2016 | $857,500 | H & G LLC | Bonnie C May | Warranty Deed | $557k · Civista Bank |
| Nov 9, 2005 | — | Bonnie C May | May,charles B | Quit Claim Deed · related | — |
| Nov 4, 2004 | — | May,bonnie C | May,charles B | Quit Claim Deed · related | — |
| — | — | Bonnie C May | — | Deed Of Trust · related | $443k · Pnc Bank |
Description
This Columbus, Ohio office building, located at 1550 W 5th Ave, offers 10,100 square feet of versatile space in a two-story building. Currently, the entire 10,100 square feet is available for lease, divisible into units ranging from 4,100 to 5,000 contiguous square feet. The property is classified as Class C and was built in 1972, with renovations completed in 1990. The building features a 10-foot ceiling height and ample parking with 50 spaces available. Situated on 0.67 acres of land in the Grandview submarket, this property benefits from a prime location between two signalized intersections, offering excellent visibility and accessibility. The area boasts numerous nearby retailers, restaurants, and financial institutions. Less than three miles from SR 315 and under ten minutes from The Ohio State University, this location provides convenient access to major transportation routes and a large workforce pool. The property is zoned for commercial use and has a Franklin County APN of 010-061641-00. Building updates are planned for the near future. The property includes signage opportunities. This multi-tenant building offers Executive Office, Coworking, Medical Office, Creative Office, and Traditional Office space options.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,484,000
- AI Estimate
- $953,000
Market price range: $788k - $2.31MMarket price range: $543k - $1.38M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,490,000 Current use
- AUTO REPAIR, GARAGE
- $1,655,000 Change: +11% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,515,000 Change: +2% Conversion: Easy
- MEDICAL BUILDING
- $1,410,000 Change: -5% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.048
- Latitude
- 39.9893
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
