941 W Broad St Columbus, OH 43222
For Sale
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This exceptional mixed-use property, located at 941 West Broad Street in Columbus, Ohio, presents a compelling investment opportunity. The 4,400 square foot building, constructed in 1900, boasts two stories and a desirable 10-foot first-floor ceiling. Situated on a 0.13-acre lot, the property benefits from a recently installed new roof and convenient rear parking. Currently 100% occupied, this freestanding building enjoys a prime location along busy West Broad Street, approximately 1.5 miles from Downtown Columbus, experiencing approximately 21,000 vehicles passing daily. Its location within a designated Opportunity Zone and the Franklinton Redevelopment Area offers significant potential for future growth. The property is zoned Commercial, LC4, and its versatile layout makes it ideal for a variety of uses, including office space, an event venue, creative studios, a bar, or even residential conversion (subject to permitting). The asking price is $497,000, translating to $112.95 per square foot. The property's features, location, and zoning regulations make it an attractive investment prospect with strong potential for future returns. The parcel number is 010-000778-00. The property is also situated along a proposed Bus Rapid Transit (BRT) corridor.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
20 · Columbus, OHColumbus. Always verify with local authorities before improvements.
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.
