Property profile

2144 Sullivant Ave Columbus, OH 43223

OFF-MARKET
Retail residential properties
Property ID
US66-0211066
2,640 SF 0.14 ac lot Built 1900
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Columbus, Ohio retail property at 2144 Sullivant Avenue presents a compelling investment opportunity. The 4,208 square foot building, constructed in 1900 and extensively renovated in 2021, boasts three units: one vacant commercial space and two leased residential units, each featuring three bedrooms. Currently generating $1,700 in monthly income from the residential units, this property offers significant potential for increased revenue. The all-brick building features new windows, paint, and flooring throughout the renovation. The commercial unit, adaptable for various uses including a church, store, restaurant, bar, daycare, office, carry-out, bank, or studio, also includes space for a rear patio. A large two-car garage and a spacious 0.15-acre lot complement the property. Additional features include a non-finished basement. Located minutes from downtown Columbus and major freeways, this property is ideally situated for convenient access and high visibility. The asking price is $285,000, translating to $67.73 per square foot. This property is perfect for investors seeking strong returns or owner-occupants looking to generate rental income. The Franklin County property (APN: 010-057017) is ready for immediate occupancy and offers a rare combination of commercial and residential income streams. Don't miss this chance to acquire a prime piece of Columbus real estate.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1900
Construction WOOD
Total area 2,640 SF
Lot 0.14 ac (6,098 SF)
Zoning code 2142
APN 010-057017
UPID US66-0211066

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2144 Sullivant Ave Columbus, OH 43223-1144
Columbus metro Census 4700 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2020
Last sale
$130,000
2 recorded transactions
2020
$130,000
2004
$45,500

Zoning & alternative use

2142 · Columbus, OH

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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