The United Provision Building

156 S Ohio Avenue Columbus, OH 43205

156 S Ohio Avenue, Columbus, OH, 43205
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FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$1,200,000
Last Verified:
Nov 12, 2024

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Highlights


Description

Introducing a prime investment opportunity at 156 S Ohio Avenue, Columbus, OH. This 5,624 SF retail/flex/industrial property, zoned CPD, boasts modern functionality and versatile usage options. With its ideal location and spacious unit, it presents an appealing prospect for industrial, warehouse, and retail investors seeking a strategic foothold in the Columbus area. Don't miss the chance to acquire a property with immense potential for growth and profitability. This is an exceptional opportunity for those looking to expand their commercial real estate portfolio in a thriving market.

This Commercial property in Old Town East offers 5,624 SF of versatile Retail space in a prime location. Connected to the new Gemma Apartment building, this is perfectly suited for a new concept in the center of this thriving neighborhood. This large space with high ceilings is built and ready to accommodate a restaurant or grocery, food uses or mercantile. Zoned CPD and in shell condition, it provides the flexibility for a customized space for your specific business needs. The prime corner location, surrounded by new multi-family developments and nearby Trolley Barn ensures a long-term neighborhood retail position.

Located in the vibrant city of Columbus in the heart of Old Town East, the United Provision Co. Building offers a retail opportunity in the heart of a dense neighborhood. Convenient to all east-side residents and proximity to major east-west corridors of Main and Broad St. This location provides strategic advantages for businesses seeking to establish a presence in a dynamic and thriving upcoming metropolitan area. The surrounding area of Olde Towne East offers an appealing blend of urban convenience and local charm.


Year Built: 1946
Building Size: 5624sq ft
Lot Size: 0.58 acres


Documents

156 S Ohio Ave. Sale or Lease Flyer

Units for Lease

156 S. Ohio Avenue
Space Available: 5624 SF
Lease Type: NNN

Price Per Sqft/Year: $16.50

Map of 156 S Ohio Avenue, Columbus, OH, 43205

Presented by:
NAI | Ohio Equities

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John Mally


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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.