1550 Cleveland Ave Columbus, OH 43211
For Sale
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This exceptional 4,724-square-foot special purpose property, situated at 1550 Cleveland Avenue in Columbus, Ohio, presents a unique investment opportunity. Built in 1946, the building currently functions as a commercial automotive garage and offers significant potential for repurposing given its prime location and size. The property boasts a generous 20,037.6-square-foot lot, providing ample space for expansion or additional development. The asking price is $593,600, translating to a price per square foot of $151.54. The net rentable area is 3,917 square feet. Its convenient location offers easy access to public transportation via the bus line and is just minutes from Downtown Columbus, ensuring high visibility and accessibility. This property's central location and substantial size make it an attractive option for a variety of commercial uses, offering a compelling investment prospect for discerning buyers seeking a versatile space with redevelopment potential in a thriving urban area. The property is located in Franklin County, Ohio, with a zip code of 43211.
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Kankan Auto & Body Shop Auto Repair Shop
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Hartoberes Home Insurance Columbus OH Insurance Agency
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
Similar Nearby for Lease
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.