633-635 High St Worthington, OH 43085
This exceptional 3,750 square foot multi-tenant property, located at 633-635 High Street in Worthington, Ohio, presents a unique investment opportunity. The building, situated on a 0.054-acre lot (APN 100-000225-00), boasts a prime location within Worthington's thriving retail corridor, just 15 minutes north of downtown Columbus. Currently 100% occupied by five tenants with a remaining lease term of 0.5 years, this offers significant rental upside potential, with current rents approximately 50% below market value. The property's C4 zoning allows for flexibility in future use. Built in 1817 and renovated in 1917/1926, this historic storefront and traditional office space offers an owner-user opportunity, with the possibility of occupying approximately 2,000 square feet of retail space on a month-to-month lease. The asking price is $900,000, translating to $240 per square foot. Worthington's consistently strong housing market and its renowned farmer's market further enhance the property's investment appeal. This irreplaceable piece of Worthington history hasn't changed hands in nearly 40 years, presenting a rare chance to acquire a landmark property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.