Technical
Financial
Distress signals
Property profile

525 Short St Columbus, OH 43215

FOR LEASE
Turn key restaurants
Property ID
US66-1822925
9,711 SF 1.13 ac lot Built 1996
Individually Owned 1-yr Hold ~ Est. High Equity
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525 Short St, Columbus, OH 43215 For Lease
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525 Short St, Columbus, OH 43215
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Property summary

AI-generated overview

This exceptional 3,314 square foot restaurant presents a unique opportunity in Columbus' vibrant Brewery District/German Village neighborhood. Currently operating as a full-service, upscale, casual dining establishment, this single-tenant property boasts a bright and inviting interior. The space is well-suited for continued success in its current format or adaptable to a variety of other high-end culinary concepts. A key feature is the potential for outdoor seating, with the interior designed to seamlessly open onto a serviceable patio area, perfect for maximizing capacity and creating a welcoming atmosphere. The property's location within a bustling, high-traffic area ensures consistent customer flow. Financial performance is further enhanced by a percentage rent structure in addition to base rent, providing an attractive return on investment. The property is offered as a single-tenant space, providing a streamlined and straightforward ownership experience. This turnkey operation is ready for immediate occupancy and presents a compelling investment opportunity for discerning buyers seeking a prime location in a thriving Columbus neighborhood. The existing liquor license adds significant value and potential for increased revenue streams. Serious inquiries are encouraged to explore this exceptional property further.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Total area 9,711 SF
Lot 1.13 ac (49,136 SF)
APN 010-057630
UPID US66-1822925

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
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

525 Short St Columbus, OH 43215
Columbus metro Census 5700 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$843k
Blend (final) Blend
$1.37M

Owner & transaction history

since 2024
Last sale
$1.4M
2 recorded transactions
2024
$1.4M
2021
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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