Technical
Financial
Distress signals
Property profile

1570 High St Columbus, OH 43207

OFF-MARKET
Commercial real estate
Property ID
US66-6030052
4,827 SF 0.18 ac lot Built 1923
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Columbus commercial property, located at 1570 S High St, offers 5,973 square feet of versatile space, currently operating as a fully leased nightclub. The building boasts a large front stage area, a fully equipped bar, and a sizable kitchen with an adjacent eating area. Conveniently situated between German Village and Hungarian Village, just north of the Sheelton Village Complex, this prime location offers high visibility and accessibility. The two-story building features a total of 5,937 square feet of air rights, with the lower level encompassing the main bar and performance area, while the upper level provides private offices and a conference room. Two restrooms are located in the foyer, and an additional two are situated in the rear of the building. The property sits on a 0.18-acre lot and is zoned for commercial use. The asking price is $495,000, translating to $82.87 per square foot. This presents a unique opportunity for investors seeking a high-return property in a thriving Columbus neighborhood. The property's current 100% occupancy ensures immediate cash flow. The APN is 010-030009-00. This turnkey operation is ready for a new owner to capitalize on its established success. The building's layout and amenities make it suitable for a variety of uses, beyond its current configuration. This is a rare opportunity to acquire a well-established business in a highly desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1923
Construction WOOD
Total area 4,827 SF
Lot 0.18 ac (7,841 SF)
APN 010-030009
UPID US66-6030052

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
  • Hotel & Motel Resort
  • Trucking Company
  • Vocational School
  • Loan Service

Location

1570 High St Columbus, OH 43207-1803
Columbus metro Census 5820 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2020
Last sale
$310,000
5 recorded transactions
2020
$310,000
2018
Price N/A
2006
$255,000
2000
Price N/A
1999
$100,000

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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