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$ 325,000
Est. payment /mo
New
1236 Oak Street Columbus, OH 43205
522 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 522 sqft
Price per Sqft $622
Subdivision Olde Towne East
MLS Listing ID 226034667
Year Built 1920
Annual Tax Amount $1,252
Lot Size 2,613 Sqft
Lot Dimensions 0.06
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Positioned in the heart of Olde Towne East, 1236 Oak Street offers a distinctive opportunity in one of Columbus' most active and character-rich urban neighborhoods. Surrounded by historic architecture, walkable shops, restaurants and continued multifamily investment, the property is well situated to serve the area's growing residential and commercial activity.
The property is zoned ARLD, Apartment Residential Low Density District, and benefits from an approved variance permitting the existing building to operate as an eating or drinking establishment or office. The variance also preserves the potential to return the property to residential use, giving a future owner valuable flexibility. Currently configured as an office, the building could be well suited for a neighborhood cafe, coffee shop, boutique retailer, professional office or other creative concept.
Extensive renovations completed in early 2023 include a new rubber membrane roof with high-density cover boards, new electrical service and wiring, new plumbing, a new four-head mini-split HVAC system, new drywall and updated interior finishes. The current owner subsequently completed additional electrical improvements, refurbished the concrete floors and built out the space with a full kitchen.
The sale also includes the adjoining corner lot at Sherman Avenue and Oak Street, providing additional visibility and compelling potential for future development. Together, the renovated building, flexible approved uses and additional land create an uncommon owner-user or investment opportunity in the heart of Olde Towne East.
Prospective purchasers should independently verify zoning, variance terms, permitted uses, building systems and development potential.
The property is zoned ARLD, Apartment Residential Low Density District, and benefits from an approved variance permitting the existing building to operate as an eating or drinking establishment or office. The variance also preserves the potential to return the property to residential use, giving a future owner valuable flexibility. Currently configured as an office, the building could be well suited for a neighborhood cafe, coffee shop, boutique retailer, professional office or other creative concept.
Extensive renovations completed in early 2023 include a new rubber membrane roof with high-density cover boards, new electrical service and wiring, new plumbing, a new four-head mini-split HVAC system, new drywall and updated interior finishes. The current owner subsequently completed additional electrical improvements, refurbished the concrete floors and built out the space with a full kitchen.
The sale also includes the adjoining corner lot at Sherman Avenue and Oak Street, providing additional visibility and compelling potential for future development. Together, the renovated building, flexible approved uses and additional land create an uncommon owner-user or investment opportunity in the heart of Olde Towne East.
Prospective purchasers should independently verify zoning, variance terms, permitted uses, building systems and development potential.
Location
State OH
County Franklin
Community Olde Towne East
Area 0.06
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 010-016687
Listed by Jake Bluvstein RE/MAX Partners
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