43205 Ohio Commercial Properties for Sale

43205 Ohio Commercial Properties for Sale

$325,000
226034667 MLS
Positioned in the heart of Olde Towne East, 1236 Oak Street offers a distinctive opportunity in one of Columbus' most active and character-rich urban neighborhoods. Surrounded by historic architecture, walkable shops, restaurants and continued multifamily investment, the property is well situated to serve the area's growing residential and commercial activity. The property is zoned ARLD, Apartment Residential Low Density District, and benefits from an approved variance permitting the existing building to operate as an eating or drinking establishment or office. The variance also preserves the potential to return the property to residential use, giving a future owner valuable flexibility. Currently configured as an office, the building could be well suited for a neighborhood cafe, coffee shop, boutique retailer, professional office or other creative concept. Extensive renovations completed in early 2023 include a new rubber membrane roof with high-density cover boards, new electrical service and wiring, new plumbing, a new four-head mini-split HVAC system, new drywall and updated interior finishes. The current owner subsequently completed additional electrical improvements, refurbished the concrete floors and built out the space with a full kitchen. The sale also includes the adjoining corner lot at Sherman Avenue and Oak Street, providing additional visibility and compelling potential for future development. Together, the renovated building, flexible approved uses and additional land create an uncommon owner-user or investment opportunity in the heart of Olde Towne East. Prospective purchasers should independently verify zoning, variance terms, permitted uses, building systems and development potential.

1236 Oak Street, Columbus

Listing Courtesy of : Jake Bluvstein ---- RE/MAX Partners

$390,000
226016308 MLS
Mixed-use asset positioned along the highly desirable E Broad Street corridor, offering a blend of commercial and residential income streams with immediate value-add potential. The property consists of three units: a first-floor office space, a second-floor residential unit, and a third-floor residential unit. Unit A (first-floor office) is currently being vacated and will be available for lease starting July 1, 2026, with prior rent at $1,500 per month. Unit B (second floor) is leased at $900 per month through June 30, 2027. Unit C (third floor) is currently vacant and was previously rented at $700 per month. The first-floor office space includes five rooms, while the second-floor unit offers six rooms with a kitchen and bathroom, and the third-floor unit includes three rooms with a kitchen and bathroom. The property also features a full unfinished basement with walk-up exterior access, adding storage and utility flexibility. Tenants pay all utilities, with electric, gas, and water individually submetered through Pioneer Energy Management, helping maintain low and predictable operating expenses. Major components include a slate roof, older but durable, with first and second floor HVAC systems approximately 10 years old and third-floor HVAC around 5 years old. Hot water tanks range from 1 to 10 years old. Electrical has been upgraded from knob and tube to circuit breakers, though the exact timing is unknown.

1471 E Broad Street, Columbus

Listing Courtesy of : Remington Lyman ---- Reafco

Selling Office: Reafco.

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43205 Ohio Commercial Properties

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