68 Mcdowell St Columbus, OH 43215
- Flex space
- 4,760 SF
- 0.08 lot acres
Current Use by Public Records
- Flex space
Property Details for 68 Mcdowell St
- Year built
- 1917
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Property size
- 4,760 SF
- Property type
- Flex space
- APN
- 010-042942
- APU
- 10042942
Description
This exceptional single-tenant retail space, located at 68 McDowell Street in Columbus, Ohio, presents a unique investment opportunity. The property, known as the Prieto Building, boasts a generous 4,760 square feet of space, ideally suited for a restaurant or similar retail establishment. Situated in Franklin County, with a convenient Columbus zip code of 43215, this location offers excellent accessibility and visibility. The building is one of two freestanding structures within the Gravity Development, providing a distinct and attractive presence. The property's single-tenant occupancy simplifies management and provides a stable income stream. The building's size and layout offer ample space for both front-of-house operations and back-of-house functions, including kitchen facilities and storage. The address is 68 McDowell St, Columbus, OH 43215. This property is classified as Retail and Restaurant, specifically designated as a Restaurant subtype. Its strategic location within the Gravity Development offers potential for synergy and increased foot traffic. The property's size and location make it an attractive option for a variety of restaurant concepts or retail businesses seeking a prominent presence in a thriving Columbus neighborhood. This is a rare opportunity to acquire a well-positioned, single-tenant retail building in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $255,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $245,000
- Mixed-Use
- $295,000
- Hospitality
- $305,000
- Educational
- $235,000
- Residential Income
- $295,000
- Energy
- $275,000
- Income-Based Land
- $230,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0128
- Latitude
- 39.9592
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
