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Property profile & analytics
OFF-MARKET
Commercial real estate

161 Grant Ave Columbus, OH 43215

41,188 SF 0.48 ac lot Built 1924
Property ID
US66-1447497
Property summary
AI-generated overview

This four-story, 41,188-square-foot Class B office building at 161 N Grant Ave in Columbus, Ohio, presents a compelling redevelopment or owner-occupant opportunity. Situated on approximately 0.48 acres across two parcels in the Warehouse District, this property boasts a prime location at the corner of N Grant Ave and E Spring St. Built in 1924, the building is zoned Downtown District & Parking Zone B, offering flexibility for various uses. Its central location provides easy access to I-670, I-71, and SR-315, along with numerous restaurants, hotels, and the Convention Center. The property's proximity to many new developments further enhances its investment potential. The asking price is $3,600,000. This former Columbus College of Art and Design building offers a unique chance to capitalize on the vibrant growth of downtown Columbus.

Property profile
Verified
Property type Commercial real estate
Year built 1924
Total area 41,188 SF
Lot 0.48 ac (20,909 SF)
UPID US66-1447497
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
Current use
Occupant on record · Public records
  • Amelita Mirolo Fine Arts Building College
  • Beaton Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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