161 Grant Ave Columbus, OH 43215
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.
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Amelita Mirolo Fine Arts Building College
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Beaton Gallery Art Gallery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.