Retail Space
1185 West Broad Street Columbus, OH 43222
Details & Description
Price: $2,100,000
    MIXED-USE BUILDING IN FRANKLINTON. Rare opportunity to acquire a mixed-use building on Broad Street in the heart of Franklinton. Located in an Opportunity Zone, this sale includes two lots currently used as parking. Apartments are directly above retail and office space with two ground floor tenants that recently renewed through 2025. The parking lots could be developed and would fall under the existing CRA tax abatement for the area and benefit from additional OZ benefits. The tenants are paying well below market rent allowing the next owner to push rents as the area continues to improve. Billions of dollars are being invested in Franklinton and with its close proximity to Downtown, this property is well positioned to benefit from the growth of Columbus.
    Property Highlights
    Additional Photos
    Listing Agents
    Alex Marsh

    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.

    1185 West Broad Street

    Columbus, OH 43222

    Listing ID: 310273
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    Building Size: 23,758 SF
    Lot Size: 0.900 AC
    Land Size: --
    Building $/SF: $88.39
    Land $/SF:
    Price
    $2,100,000
    Property Highlights
    Excellent location in the heart of Franklinton in an Opportunity Zone
    Mixed-use building and two lots currently used as parking
    100% leased
    Cap Rate 7.0%
    Easy access to Downtown
    Description

    MIXED-USE BUILDING IN FRANKLINTON. Rare opportunity to acquire a mixed-use building on Broad Street in the heart of Franklinton. Located in an Opportunity Zone, this sale includes two lots currently used as parking. Apartments are directly above retail and office space with two ground floor tenants that recently renewed through 2025. The parking lots could be developed and would fall under the existing CRA tax abatement for the area and benefit from additional OZ benefits. The tenants are paying well below market rent allowing the next owner to push rents as the area continues to improve. Billions of dollars are being invested in Franklinton and with its close proximity to Downtown, this property is well positioned to benefit from the growth of Columbus.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Columbus History of Retail Space for Sale

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    Columbus Area Market Trends

    Listing Demographics for 1185 West Broad Street Columbus, OH 43222

    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 Population10,092131,201316,042
    Population Median Age393535
    Population by Age0-9 Yrs1117 (11%)11294 (8%)34283 (10%)
    10-19 Yrs1721 (17%)16302 (12%)41367 (13%)
    20-29 Yrs1063 (10%)36287 (27%)78774 (24%)
    30-39 Yrs1565 (15%)23001 (17%)49904 (15%)
    40-49 Yrs1091 (10%)12923 (9%)32188 (10%)
    50-59 Yrs1318 (13%)13750 (10%)32728 (10%)
    60-69 Yrs1081 (10%)10000 (7%)26354 (8%)
    70+ Yrs1136 (11%)7644 (5%)20445 (6%)
    Median HH Income$26,532$55,398$51,705
    Total Household Income< 24K1937 (47%)14682 (25%)33795 (26%)
    25-49K1057 (25%)11394 (19%)28192 (22%)
    50-74K479 (11%)10642 (18%)22770 (17%)
    75-99K164 (3%)6783 (11%)14858 (11%)
    100-199K388 (9%)10379 (18%)21125 (16%)
    200K+79 (1%)3660 (6%)6677 (5%)
    Highest Education LevelNo Diploma23341112725172
    Diploma or GED20441833350265
    Some College8901325434836
    Assoc. Degree360452011431
    Bachelors Degree7552521949055
    Higher Degree3091653731170
    Total Housing Units5,09864,854144,492
    --Owner-Occupied1,11320,61553,570
    --Renter-Occupied2,99136,92573,847
    Owner-Occupied Values< 100K785588015948
    100-199K175540116786
    200-299K4629828431
    300-399K2421104194
    400-499K3517082812
    500K+4825355399
    Total Working Age Population7,964113,346263,543
    In Work Force3,98177,773175,547
    Not In Work Force3,98335,57387,996
    Workforce Employed3,68774,201164,969
    Workforce Unemployed2943,53610,418
    Civlian Workforce3,98177,737175,386
    Military Workforce036161
    Total Households4,10457,541127,417
    Family Households2,21222,76658,768
    Non-Family Households1,89234,77568,649
    Married Couple1,25014,67035,888
    Other Family9628,09622,880
    Married w/Child3413,99312,339
    Single Male w/Child427932,507
    Single Female w/Child4953,50910,015

    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.

    Common Questions and Answers

    What is the asking price for 1185 West Broad Street in Columbus?
    The asking price for 1185 West Broad Street is $2,100,000
    What is the building size of this Retail property in Columbus, OH?
    The size of the building/unit at 1185 West Broad Street in Columbus is 23,758 square feet
    How much land does the Columbus, OH property at 1185 West Broad Street include?
    1185 West Broad Street in Columbus includes 0.900 acres of land
    What kind of Retail is the propery at 1185 West Broad Street?
    The property at 1185 West Broad Street Columbus, OH 43222 is listed as a Other Retail Retail property
    What is the population within 1 mile of 1185 West Broad Street in Columbus?
    The population within 1 mile of 1185 West Broad Street Columbus, OH 43222 is 10,092 people.
    Who do I contact for questions about 1185 West Broad Street?
    You should contact the listing agent, Alex Marsh, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    John Glenn Columbus International Airport (CMH) 8
    Rickenbacker International Airport (LCK) 11
    James M Cox Dayton International Airport (DAY) 63