1081-1087 Mt Vernon Avenue, Columbus, OH 43203 (MLS# 226024948)

Office/Contract Info

For Sale

Yes

Exchange

No

For Lease

No

Lease Rate $/Sq Ft

0

Remarks & Misc

Property Description

Located in an Opportunity Zone (tax incentives for redevelopment!), 1081-1087 Mt Vernon Avenue offers 3 storefronts, a parking lot, and 3 stories of mixed-use commercial space ready for new ownership. Set on the corner of Mt. Vernon Ave and 20th St. in the King Lincoln Historical District and available for sale for the first time since 1967, this past owned and operated family pharmacy is ready for new life. Redevelop all three space or combine into one project. Create retail/restaurant spaces below and condos/aparements above. Over 20,000 sqft. of possibility. Basement access for each of the 3 buildings. 2nd and 3rd floor access to apartment/condo spaces. Parking lot for 8-10 cars. Across the street, Mount Vernon Plaza is slated for a $20 million redevelopment that will include the addition of 12,000 square feet of retail and 57 units of affordable housing. Target completion in 2028. Sold as is where is. Appraisal and structural report available in Documents section as well as information on Opportunity Zones. Agent related to Seller. Agents, please see A2A remarks and documents section.

Property Condition

Fixer

Yes

Income/Expenses

Gross Income

0

Net Operating Income

0

Total Expenses

0

Addl Acceptance Cond

None Known

Yes

T Reimburses L

Curr Yr Est $/SF TRL

0

Construction

Block

Yes

Brick

Yes

Water Source

Public

Yes

Sewer

Public Sewer

Yes

Services Available

Electricity Available

Yes

Natural Gas Available

Yes

Sewer Available

Yes

Water Available

Yes

Heat Type

Forced Air

Yes

Business Type

Residential

Yes

Retail

Yes

MLS Primary PhotoSrc

Realtor Provided

Yes

Property Features