Franklinton Homes with Mixed Use Property SubType

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Newest Franklinton Homes with Mixed Use Property SubType

$174,900

226029817 MLS

Conceptual 12-unit redevelopment opportunity in the heart of Franklinton's rapidly transforming growth corridor. This rare 0.318-acre assemblage offers developers, builders, and investors the opportunity to capitalize on one of Columbus's most active infill markets. An existing conceptual site plan illustrates the potential for a 12-unit townhome and triplex development. The property is surrounded by substantial public and private investment, including Gravity, The Peninsula, the Broad Street corridor, and numerous mixed-use, residential, retail, and infrastructure projects that continue to fuel demand throughout the area. Available due diligence materials include zoning information, utility availability, conceptual site plan, projected rental income & operating summary, city review of plans. Opportunity Zone benefits may apply, subject to buyer verification. Ideally positioned just minutes from downtown Columbus, major employment centers, entertainment venues, restaurants, and parks, this offering presents a rare opportunity to establish a presence within one of Central Ohio's most dynamic and rapidly evolving neighborhoods. *Land consists of 5 parcels and there is the option to purchase neighboring parcel to the left from the city. In addition to this, there are 2 other adjacent properties totaling ~1/3 acre that could potentially be purchased. **The land is currently commercially zoned, providing additional development possibilities beyond residential redevelopment. Potential commercial uses may include storage bays, commercial loft spaces, or other commercial concepts permitted under the existing zoning. Buyers should independently verify permitted uses and development requirements with the City of Columbus. ***Property has been rented for $1,041/month for last 2 years. ****With being in an opportunity zone, building affordable housing qualifies for a 15 year tax amendment and could potentially receive City of Columbus bond money.

66 Green Street, Columbus

Listing Courtesy of : Emily Groza Yoko ---- The Brokerage House

$224,900

226020452 MLS

*498 W Town Street may be sold with neighboring lot (494 W Town Street). Package deal available for both lots. 493 & 497 W Chapel also available for sale and can be purchased individually or as package deal. **Lot qualifies for 15 year tax abatement and is located in an opportunity zone. ***For the convenience of the new owner, Seller has made plans available for single family home which has been approved for the lot. Welcome to 498 W Town Street -- a rare opportunity to secure prime land in the heart of one of Columbus' fastest-growing neighborhoods. This mixed-use lot offers exceptional flexibility for your next residential, commercial, or multi-use development project. Whether you're an investor, builder, or owner-occupant with a vision, this location positions you right at the center of Franklinton's ongoing transformation. Zoned for residential, restaurant commercial, and retail use, the possibilities are wide open: think modern townhomes, a boutique retail concept, a live-work space, or a long-term hold in an area where property values continue to appreciate year after year. Utilities are easily accessible. The lot sits along a corridor that has seen tremendous investment, redevelopment, and momentum - including Land Grant within one block, and across the street you have all of the new bar/restaurant development including Sweeney's and the new $22mm Benjamin II mixed use project which is scheduled to be complete by end of 2026. Franklinton has become one of Columbus' most desirable urban communities -- home to galleries, breweries, parks, restaurants, bike trails, and minutes from Downtown, the Scioto Mile, and major highways. This parcel places you right in the middle of that energy. If you're looking for a high-growth opportunity with outstanding upside, 498 W Town Street is the kind of land play that rarely hits the market. Bring your vision and make your mark in Franklinton.

498 W Town Street, Columbus

Listing Courtesy of : Emily Groza Yoko ---- The Brokerage House

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