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$414,900
Est. payment /mo
2,207 SqFt
Active Under Contract
4308 E Main Street #1 Columbus, OH 43213
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,207 sqft
Price per Sqft $187
MLS Listing ID 226006570
Year Built 1953
Annual Tax Amount $4,131
Lot Size 6,098 Sqft
Lot Dimensions 0.14
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
*VALUE-ADD MIXED-USE INVESTMENT | 7 UNITS + COMMERCIAL FRONTAGE*
Opportunity awaits at 4308 E Main Street, offering immediate income and long-term redevelopment potential in a high-visibility corridor.
The property features a ready to build front office/commercial space paired with seven recently renovated private studio units (1 bed / 1 bath each) located in the rear of the building. Originally constructed as a motel, the property has been operating as rental units and generates approximately $625 per month per unit, creating a stable income stream for investors. The office space was previously rented for $2,000 a month and includes highly visible road signage.
Beyond its current use, the flexible layout opens the door for numerous value-add opportunities. The building could continue operating as rental units or be repositioned for a variety of commercial uses, such as a beauty or wellness salon, professional office suites, small business incubator, motel, or service-based business hub.
Located along East Main Street, the property benefits from strong daily traffic counts and convenient access to downtown Columbus, Bexley, Whitehall and major highways, making it attractive for both tenants and business owners.
Whether you're an investor seeking cash flow or an entrepreneur looking for a flexible commercial space with built-in income potential, this property presents a rare opportunity to capitalize on a unique layout and prime location.
Schedule a tour and own your piece of Columbus today!
Opportunity awaits at 4308 E Main Street, offering immediate income and long-term redevelopment potential in a high-visibility corridor.
The property features a ready to build front office/commercial space paired with seven recently renovated private studio units (1 bed / 1 bath each) located in the rear of the building. Originally constructed as a motel, the property has been operating as rental units and generates approximately $625 per month per unit, creating a stable income stream for investors. The office space was previously rented for $2,000 a month and includes highly visible road signage.
Beyond its current use, the flexible layout opens the door for numerous value-add opportunities. The building could continue operating as rental units or be repositioned for a variety of commercial uses, such as a beauty or wellness salon, professional office suites, small business incubator, motel, or service-based business hub.
Located along East Main Street, the property benefits from strong daily traffic counts and convenient access to downtown Columbus, Bexley, Whitehall and major highways, making it attractive for both tenants and business owners.
Whether you're an investor seeking cash flow or an entrepreneur looking for a flexible commercial space with built-in income potential, this property presents a rare opportunity to capitalize on a unique layout and prime location.
Schedule a tour and own your piece of Columbus today!
Location
State OH
County Franklin
Area 0.14
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 090-003811-00
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.zillow.com/view-imx/112eeef9-e8de-4228-8a45-6e926aae2cac?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Listed by Zack W Linder Coldwell Banker Realty
NEARBY SCHOOL & BUSINESS
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