161 N Grant Ave

161 N. Grant Ave Columbus, OH 43215

161 N. Grant Ave, Columbus, OH, 43215
161 N. Grant Ave, Columbus, OH, 43215
FOR SALE
Property Type:
Other Office
Amount:
$3,600,000
Last Verified:
Nov 06, 2024

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Highlights

  • Former Columbus College of Art and Design Building
  • Redevelopment or Owner/Occupant Opportunity
  • Located on the Corner of N Grant Ave & E Spring St
  • ±0.48 Total Acres over Two Parcels
  • 41,188 SF Four-Story Building
  • Zoned Downtown District & Parking Zone B
  • Many New Developments Nearby
  • Close Proximity to Numerous Restaurants, Hotels, and the Convention Center
  • Easy Access to I-670, I-71, and SR-315

Description

NAI Ohio Equities has been retained on an exclusive basis to sell 161 N Grant Ave. 161 N Grant Ave is available for a redevelopment or owner/occupant opportunity. Located in the Warehouse District in Downtown Columbus on the corner of N Grant Ave and E Spring St. Situated on ±0.48 acres over two parcels, the building has a total of 41,188 SF. The property is zoned Downtown District and parking zone B. Many new developments nearby and is in close proximity to restaurants, hotels, and the Convention Center.

Located in the Warehouse District in Downtown Columbus on the corner of E Spring St and N Grant Ave.


Year Built: 1924
Building Size: 41188sq ft
Building Class: B
Lot Size: 0.48 acres


Documents

161 N Grant Ave - Sale Flyer

Map of 161 N. Grant Ave, Columbus, OH, 43215

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.