5725 Cleveland Ave Columbus, OH 43231

Property Details for 5725 Cleveland Ave

Year built

1900

Property size

1,040 SF

Property type

Commercial real estate

Description

This exceptional commercial property, located at 5725 Cleveland Avenue in Columbus, Ohio, presents a unique investment opportunity. The 1,040 square foot building, constructed in 1900 and renovated in 2000, sits on a sizable 1-acre lot (46,609.2 sq ft) and is currently vacant. The property is zoned LC-4, offering significant potential for various commercial uses. The asking price is $400,000, translating to $384.62 per square foot. The high-traffic location boasts over 25,000 vehicles passing daily, and is surrounded by established businesses including a Chase bank branch, Speedway, and Tim Hortons, ensuring high visibility and accessibility. The existing single-family home on the lot could easily be adapted into a small office space, ideal for a burgeoning business. The seller is open to considering buyer concessions, making this an attractive proposition for savvy investors. This property offers a blend of established infrastructure and significant development potential in a thriving commercial area of Columbus. The property's location in Franklin County, Ohio, zip code 43231, provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-situated commercial property in a high-demand area.