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$ 1,250,000
Est. payment | /mo
6,852 SqFt
$ 1,250,000
Est. payment | /mo
6,852 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,852 sqft
Price per Sqft $182
MLS Listing ID 225030779
Year Built 1919
Annual Tax Amount $11,922
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Prime Mixed-Use Investment Opportunity!
An exceptional addition to your investment portfolio, this unique parcel offers both commercial and residential income streams. The property features a retail/commercial space with second and third floor unfinished square footage and prominent frontage along bustling 5th Avenue — perfect for future development or expanded business use.
On Summit Street, you'll find three fully rented brick townhomes, currently leased at $1,320, $1,295, and $1,295 per month, plus utilities. Solid brick construction ensures lasting durability and timeless appeal, while the steady rental income provides immediate cash flow.
Whether you're looking to expand your holdings or diversify into a high-demand mixed-use location, this property offers endless potential for both present returns and future growth.
An exceptional addition to your investment portfolio, this unique parcel offers both commercial and residential income streams. The property features a retail/commercial space with second and third floor unfinished square footage and prominent frontage along bustling 5th Avenue — perfect for future development or expanded business use.
On Summit Street, you'll find three fully rented brick townhomes, currently leased at $1,320, $1,295, and $1,295 per month, plus utilities. Solid brick construction ensures lasting durability and timeless appeal, while the steady rental income provides immediate cash flow.
Whether you're looking to expand your holdings or diversify into a high-demand mixed-use location, this property offers endless potential for both present returns and future growth.
Location
State OH
County Franklin
Area 0.15
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 010-037296
Listed by Richard Russo Rich Russo Realty & Co.