860 Long St Columbus, OH 43203-1852
This exceptional special-purpose property, located at 860 E Long Street in Columbus, Ohio, presents a unique investment opportunity. Boasting 1,206 square feet of rentable space on a 5,227.2 square foot lot, this property offers significant potential. Built in 1951, the building features a recently installed roof, a considerable asset for any prospective owner. The property's strategic location within a rapidly developing neighborhood offers immediate access to a large parking lot, enhancing its appeal and functionality. Its proximity to Columbus State and the downtown area provides exceptional visibility and accessibility to a diverse customer base. The asking price is $480,000, translating to $398.01 per square foot. This represents a compelling value proposition given the property's features, location, and the ongoing revitalization of the surrounding area. The property's special purpose designation allows for a wide range of potential uses, making it an ideal investment for entrepreneurs and developers seeking a foothold in a thriving Columbus neighborhood. The combination of a strong location, recent improvements, and attractive pricing makes this an opportunity not to be missed. The zip code is 43203, and the property is situated in Franklin County.
-
Los Potosinos Restaurant
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
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.