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    FOR SALE
    Flex space

    68 Mcdowell St, Columbus, OH 43215

    4,760 SF 0.08 ac lot Built 1917
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US66-2584058
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1917
    Construction WOOD
    Total area 4,760 SF
    Lot 0.08 ac (3,354 SF)
    APN 010-042942
    UPID US66-2584058
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Gravity 2 Midrise LLC · 3 yrs held
    Gravity 2 Midrise LLC
    since 2022
    Last sale
    $252,700
    2 recorded transactions
    2022
    $252,700
    2021
    $675,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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