Retail Space - For Sale
860-870 Parsons Avenue Columbus, OH 43206
Details & Description
Price: $1,750,000
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 0.900
  • Building Sq Ft 5,865
  • Building Price per Sq Ft $298.38
  • Land Sq Ft 39,204
  • Land Price per Sq Ft $44.64
EXCELLENT SITE FOR A LARGE MIXED-USE PROJECT OR BUILD TO SUIT! Rare opportunity to purchase nearly an acre on the rapidly changing Parsons Avenue corridor. Down the street from the multi-billion-dollar Children’s Hospital and minutes to Downtown Columbus,  this site offers a variety of potential uses. Potential for a large mixed-use project or a build to suit for national retail users, it’s very rare to find nearly an acre in the downtown core for development. Located in an opportunity zone, this site offers potential investors opportunity zone tax benefit options. The current tenants in place have short-term leases providing $4,800 per month in rent providing the new owner some income to cover carrying costs while development plans are finalized. 
Property Highlights
• Array
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Additional Photos
Listing Agents
Alex March

O: 614-245-2182
M: 614-937-3658
amarsh@rweiler.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

860-870 Parsons Avenue

Columbus, OH 43206

Listing ID: 300199
$1,750,000
For Sale
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 0.900
  • Building Sq Ft 5,865
  • Building Price per Sq Ft $298.38
  • Land Sq Ft 39,204
  • Land Price per Sq Ft $44.64
  • 860-870 Parsons Avenue  Columbus, OH 43206 | for Sale | Photo 1
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Property Highlights
• Opportunity Zone
• Potential for a large mixed-use project or a build to suit
• The current tenants in place have short-term leases
• Great location in the Downtown core
Description

EXCELLENT SITE FOR A LARGE MIXED-USE PROJECT OR BUILD TO SUIT! Rare opportunity to purchase nearly an acre on the rapidly changing Parsons Avenue corridor. Down the street from the multi-billion-dollar Children’s Hospital and minutes to Downtown Columbus,  this site offers a variety of potential uses. Potential for a large mixed-use project or a build to suit for national retail users, it’s very rare to find nearly an acre in the downtown core for development. Located in an opportunity zone, this site offers potential investors opportunity zone tax benefit options. The current tenants in place have short-term leases providing $4,800 per month in rent providing the new owner some income to cover carrying costs while development plans are finalized. 

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Columbus Area Market Trends

Listing Demographics for 860-870 Parsons Avenue Columbus, OH 43206

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population21,708102,907311,098
Population Median Age373735
Population by Age0-9 Yrs2155 (9%)10996 (10%)33769 (10%)
10-19 Yrs1749 (8%)10055 (9%)43289 (13%)
20-29 Yrs4548 (20%)22203 (21%)75600 (24%)
30-39 Yrs4887 (22%)18717 (18%)46239 (14%)
40-49 Yrs2392 (11%)10880 (10%)31159 (10%)
50-59 Yrs2560 (11%)12241 (11%)32945 (10%)
60-69 Yrs2017 (9%)9751 (9%)27165 (8%)
70+ Yrs1400 (6%)8064 (7%)20932 (6%)
Median HH Income$61,027$50,437$46,105
Total Household Income< 24K2330 (22%)12994 (27%)35921 (28%)
25-49K1985 (18%)10359 (22%)29746 (23%)
50-74K1835 (17%)7712 (16%)21504 (17%)
75-99K1322 (12%)5408 (11%)14171 (11%)
100-199K2233 (21%)7655 (16%)17739 (14%)
200K+742 (7%)2876 (6%)5278 (4%)
Highest Education LevelNo Diploma1708889825920
Diploma or GED33171802054085
Some College28931342038326
Assoc. Degree820402711507
Bachelors Degree46111784440935
Higher Degree33791188126206
Total Housing Units12,23656,028142,456
--Owner-Occupied4,43718,46250,300
--Renter-Occupied6,01128,54374,058
Owner-Occupied Values< 100K976600219814
100-199K919393014162
200-299K88836386525
300-399K67717773463
400-499K41112022645
500K+56719133690
Total Working Age Population18,47786,228258,683
In Work Force13,81958,319168,249
Not In Work Force4,65827,90990,434
Workforce Employed13,12054,480156,535
Workforce Unemployed7003,74011,582
Civlian Workforce13,81958,220168,117
Military Workforce099132
Total Households10,44847,005124,358
Family Households4,76719,49957,647
Non-Family Households5,68127,50666,711
Married Couple2,99310,98231,280
Other Family1,7748,51726,367
Married w/Child5692,7949,916
Single Male w/Child1138482,946
Single Female w/Child9594,29111,977

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Ohio11,353,140+211,536,504011,574,870011,615,100
Franklin County1,068,978+91,163,414+111,291,320+81,394,980

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
John Glenn Columbus International Airport (CMH) 6
Rickenbacker International Airport (LCK) 10
James M Cox Dayton International Airport (DAY) 66
Listing Agent
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