40-50 E Long Street, Columbus, OH 43215
$3,500,000
Property Type:
Commercial
Square Footage:
24,613
Lot Size (sq. ft.):
16,988
Status:
Active
Current Price:
$3,500,000
List Date:
3/13/2026
Last Modified:
3/13/2026
Overview
Description
...
(Read more)
Prime Downtown Columbus redevelopment opportunity located at 40-50 E Long Street, Columbus, Ohio, offering approximately 24,613 square feet of commercial retail and office space in the heart of one of the Midwest's fastest-growing urban markets. Strategically positioned along the East Long Street corridor, this property sits within walking distance of major civic, corporate, and entertainment anchors including the Ohio Statehouse, Columbus Commons, the Discovery District, and multiple emerging residential developments. The building is partially leased with existing rental income , vacant space at 50 E Long Street provides immediate opportunity for lease-up, repositioning, or redevelopment. The property's C-DD (Downtown Special Improvement District) Zoning allows for a wide range of uses including mixed-use development, retail activation, office conversion, restaurant or entertainment concepts, or urban residential redevelopment. Downtown Columbus continues to experience significant growth fueled by population expansion, new housing initiatives, and billions of dollars in public and private investment. The City of Columbus and Franklin County have prioritized increased downtown housing density and mixed-use urban development, creating strong demand for well-located redevelopment sites such as this. With strong street presence, flexible layout potential, and a location within the rapidly revitalizing downtown corridor, 40-50 E Long Street presents a compelling investment opportunity for developers, investors, and owner-users seeking to participate in the continued transformation of Downtown Columbus. This property offers both current income and significant long-term value-add potential in one of Ohio's most dynamic urban real estate markets.
Listing Details MLS# 226007241
Location Property Info
- Original List Price
- 3500000
- Property Sub Type
- Retail
- Street #
- 40-50
- Street PreDirection
- E
- Street Name
- Long
- Street Suffix
- Street
- County
- Franklin
- State
- OH
- Zip Code
- 43215
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-03-11
General Property Info
- Total SqFt Available
- 24613
- Bldg Sq Ft
- 24613
- Max Cont Sqft Avail
- 24613
- Number of Units
- 3
- # of Floors Above Gr
- 2
- Year Built
- 1900
- Use Code
- 405 - OFFICE OVER RETAIL
- Acreage
- 0.39
- Minimum Sqft Avail
- 0
- # of Docks
- 0
Tax Info
- Parcel #
- 010-049034-00
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 60985
Suite Info 1
- Suite #
- 40 E Long
- SQ FT
- 10500
Suite Info 2
- Suite #
- 46 E Long
- SQ FT
- 4564
More Information
Suite Info 3
- Suite #
- 50 E Long
- SQ FT
- 9549
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 142.2
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- Active on MLS
- 2026-03-13
- For Sale
- Yes
- Exchange
- No
- For Lease
- No
- Lease Rate $/Sq Ft
- 0
Remarks & Misc
- Property Description
- Prime Downtown Columbus redevelopment opportunity located at 40-50 E Long Street, Columbus, Ohio, offering approximately 24,613 square feet of commercial retail and office space in the heart of one of the Midwest's fastest-growing urban markets. Strategically positioned along the East Long Street corridor, this property sits within walking distance of major civic, corporate, and entertainment anchors including the Ohio Statehouse, Columbus Commons, the Discovery District, and multiple emerging residential developments. The building is partially leased with existing rental income , vacant space at 50 E Long Street provides immediate opportunity for lease-up, repositioning, or redevelopment. The property's C-DD (Downtown Special Improvement District) Zoning allows for a wide range of uses including mixed-use development, retail activation, office conversion, restaurant or entertainment concepts, or urban residential redevelopment. Downtown Columbus continues to experience significant growth fueled by population expansion, new housing initiatives, and billions of dollars in public and private investment. The City of Columbus and Franklin County have prioritized increased downtown housing density and mixed-use urban development, creating strong demand for well-located redevelopment sites such as this. With strong street presence, flexible layout potential, and a location within the rapidly revitalizing downtown corridor, 40-50 E Long Street presents a compelling investment opportunity for developers, investors, and owner-users seeking to participate in the continued transformation of Downtown Columbus. This property offers both current income and significant long-term value-add potential in one of Ohio's most dynamic urban real estate markets.
Income/Expenses
- Gross Income
- 133200
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Expenses Paid by L
- Building Insurance
- Yes
- RE Taxes
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
T Contracts Directly
- All Utilities
- Yes
Construction
- Block
- Yes
Heat Fuel
- Gas
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
Electric
- 3 Phase
- Yes
New Financing
- Conventional
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Expenses Paid by L:
Building Insurance; RE Taxes
T Contracts Directly:
All Utilities
Heat Fuel:
Gas
Electric:
3 Phase
Water Source:
Public
Sewer:
Public Sewer
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Construction:
Block
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Douglas & Key Commercial Real Estate Solutions
Listing Agent:
Stephan R Douglas
Last Updated: March - 13 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.
