Property summary
This exceptional mixed-use property, located at 3996 Columbia Street in the desirable Old Hilliard community, presents a unique investment opportunity. The 6,384 square foot building sits on a 0.44-acre lot and is currently leased to ACC Party Rental, providing immediate cash flow. Its strategic location offers significant advantages, including frontage on the future Rails to Trails property slated for development by the City of Hilliard. This planned improvement promises increased foot traffic and enhanced visibility, further boosting the property's value and appeal. The property's mixed-use zoning allows for a variety of potential uses, making it ideal for an owner-occupier seeking to establish their business in a thriving community or for an investor looking for a strong return on investment. The asking price is $1,300,000. This presents a rare chance to acquire a well-situated property in a rapidly developing area with significant long-term growth potential. The current tenant provides a stable income stream while the future development promises to significantly increase the property's value. Don't miss this chance to secure a piece of Hilliard's vibrant future. The property is being sold as-is.
Property profile
VerifiedCap rate & NOI
Current use
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Party Supply Store Rental Equipment Company
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Party Supply Store Rental Equipment Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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