Property profile

473 High St 479 Columbus, OH 43215

OFF-MARKET
Turn key restaurants
Property ID
US66-0563858
4,440 SF 0.05 ac lot Built 1900
Entity Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,979 square foot retail space presents a rare sublease opportunity in Columbus, Ohio's vibrant Arena District. Located at 473 N High St., this single-tenant property boasts a prime location adjacent to the renowned North Market and the Greater Columbus Convention Center, ensuring high foot traffic and visibility. The lease expires April 30, 2030, with available options for extension, providing long-term stability. Benefit from a thriving demographic, with over 150,000 residents within a three-mile radius. The property's strategic position places it steps away from the Hilton Columbus Downtown, a major hotel with over 1,000 guest rooms, further enhancing its accessibility and potential customer base. Proximity to significant attractions such as Nationwide Arena, Huntington Park, Kemba Live!, and Lower.com Field guarantees consistent exposure to a diverse and substantial population. This is an unparalleled chance to establish or expand a business in one of Columbus's most dynamic and sought-after commercial districts. The property is classified as retail commercial space within Franklin County's Central Business District (CBD) submarket. This sublease offers a unique blend of convenience, high visibility, and strong potential for growth. Don't miss this opportunity to secure a foothold in the heart of Columbus's Arena District.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction WOOD
Total area 4,440 SF
Lot 0.05 ac (2,222 SF)
APN 010-053114
UPID US66-0563858

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
  • Marketing & Advertising

Location

473 High St, Unit 479 Columbus, OH 43215
Columbus metro Census 3000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2012
5 recorded transactions
2018
Price N/A
2012
$1.4M
2005
Price N/A
1969
Price N/A
1969
Price N/A

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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