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1478 Oak Street, Columbus, OH 43205

$599,000
  • 1478 Oak Street, Columbus, OH 43205 Main Photo

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Active
MLS#225005632
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONFranklin Park

Property Description

Located in a prime Columbus corridor just steps from Franklin Park Conservatory and the heart of Olde Towne East, this property presents a compelling mixed-use redevelopment opportunity in one of the city's fastest-growing neighborhoods. Surrounded by historic architecture, walkable streets, local restaurants, breweries, and green space, the area continues to benefit from strong revitalization momentum and rising property values.One of the permitted uses for the property allows for a mixed-use redevelopment that preserves the existing building, creating a dynamic, income-producing asset. The first floor offers exceptional flexibility and can be activated as a restaurant, pub, coffee shop, small retail shop, neighborhood grocery, virtual gaming or entertainment facility, or another concept that brings energy and foot traffic to the corridor. This adaptability allows investors and operators to bring their own vision to life while serving both the surrounding residential and commercial community.The second floor presents the opportunity to develop four high-end luxury studio loft apartments, thoughtfully designed with modern finishes and private balconies, creating a reliable residential income stream. The combination of experiential commercial space below and premium residential units above offers a balanced, diversified revenue model well suited for long-term investors seeking both cash flow and appreciation.With quick access to Downtown Columbus, I-70, I-71, and major transit routes, the location provides seamless connectivity to the Short North, Arena District, and the rapidly developing Near East Side. Additionally, the current owner is willing to stay on through redevelopment, offering the opportunity for a builder partnership and long-term hold, adding stability, continuity, and local insight to the project.

1478 Oak Street | MLS# 225005632

This commercial property located at 1478 Oak Street, Columbus, OH 43205 is currently listed for sale with an asking price of $599,000. Search Columbus real estate on wendyhammonds.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.28 Acres
Year Built: 1909

Feature Descriptions

Days on Site: 422
Parcel #: 010-007998
Utilities: Sewer Available, Natural Gas Available, Electricity Available

Listed By / Shown By

Listed By

Agency Name: Real Estate Opportunity
Agency Phone: 614-924-0410
Agent Name: Desmond E Todd

agent picture

Shown By

Agent Name: Wendy Hammonds
Agent Phone: (219) 669-6373
Agency Title: Key Realty

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