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$3,500,000
Est. payment /mo
24,613 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 24,613 sqft
Price per Sqft $142
MLS Listing ID 226007241
Year Built 1900
Annual Tax Amount $60,985
Lot Size 0.390 Acres
Lot Dimensions 0.39
Property Sub-Type Retail
Source Columbus and Central Ohio Regional MLS
Property Description
Prime Downtown Columbus redevelopment opportunity located at 40-50 E Long Street, Columbus, Ohio, offering approximately 24,613 square feet of commercial retail and office space in the heart of one of the Midwest's fastest-growing urban markets. Strategically positioned along the East Long Street corridor, this property sits within walking distance of major civic, corporate, and entertainment anchors including the Ohio Statehouse, Columbus Commons, the Discovery District, and multiple emerging residential developments. The building is partially leased with existing rental income , vacant space at 50 E Long Street provides immediate opportunity for lease-up, repositioning, or redevelopment. The property's C-DD (Downtown Special Improvement District) Zoning allows for a wide range of uses including mixed-use development, retail activation, office conversion, restaurant or entertainment concepts, or urban residential redevelopment. Downtown Columbus continues to experience significant growth fueled by population expansion, new housing initiatives, and billions of dollars in public and private investment. The City of Columbus and Franklin County have prioritized increased downtown housing density and mixed-use urban development, creating strong demand for well-located redevelopment sites such as this. With strong street presence, flexible layout potential, and a location within the rapidly revitalizing downtown corridor, 40-50 E Long Street presents a compelling investment opportunity for developers, investors, and owner-users seeking to participate in the continued transformation of Downtown Columbus. This property offers both current income and significant long-term value-add potential in one of Ohio's most dynamic urban real estate markets.
Location
State OH
County Franklin
Area 0.39
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 010-049034-00
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Stephan R Douglas Douglas & Key Commercial Real Estate Solutions
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Megan Maynard, MBA, Realtor
Agent | License ID: SAL.2023004266
Agent License ID: SAL.2023004266




