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$174,900
Est. payment /mo
0.32 Acres Lot
Active
66 Green Street Columbus, OH 43222
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Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Franklinton
MLS Listing ID 226029817
Annual Tax Amount $123
Lot Size 0.320 Acres
Lot Dimensions 0.32
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Conceptual 12-unit redevelopment opportunity in the heart of Franklinton's rapidly transforming growth corridor. This rare 0.318-acre assemblage offers developers, builders, and investors the opportunity to capitalize on one of Columbus's most active infill markets.
An existing conceptual site plan illustrates the potential for a 12-unit townhome and triplex development. The property is surrounded by substantial public and private investment, including Gravity, The Peninsula, the Broad Street corridor, and numerous mixed-use, residential, retail, and infrastructure projects that continue to fuel demand throughout the area.
Available due diligence materials include zoning information, utility availability, conceptual site plan, projected rental income & operating summary, city review of plans. Opportunity Zone benefits may apply, subject to buyer verification.
Ideally positioned just minutes from downtown Columbus, major employment centers, entertainment venues, restaurants, and parks, this offering presents a rare opportunity to establish a presence within one of Central Ohio's most dynamic and rapidly evolving neighborhoods.
*Land consists of 5 parcels and there is the option to purchase neighboring parcel to the left from the city. In addition to this, there are 2 other adjacent properties totaling ~1/3 acre that could potentially be purchased.
**The land is currently commercially zoned, providing additional development possibilities beyond residential redevelopment. Potential commercial uses may include storage bays, commercial loft spaces, or other commercial concepts permitted under the existing zoning.
Buyers should independently verify permitted uses and development requirements with the City of Columbus.
***Property has been rented for $1,041/month for last 2 years.
****With being in an opportunity zone, building affordable housing qualifies for a 15 year tax amendment and could potentially receive City of Columbus bond money.
An existing conceptual site plan illustrates the potential for a 12-unit townhome and triplex development. The property is surrounded by substantial public and private investment, including Gravity, The Peninsula, the Broad Street corridor, and numerous mixed-use, residential, retail, and infrastructure projects that continue to fuel demand throughout the area.
Available due diligence materials include zoning information, utility availability, conceptual site plan, projected rental income & operating summary, city review of plans. Opportunity Zone benefits may apply, subject to buyer verification.
Ideally positioned just minutes from downtown Columbus, major employment centers, entertainment venues, restaurants, and parks, this offering presents a rare opportunity to establish a presence within one of Central Ohio's most dynamic and rapidly evolving neighborhoods.
*Land consists of 5 parcels and there is the option to purchase neighboring parcel to the left from the city. In addition to this, there are 2 other adjacent properties totaling ~1/3 acre that could potentially be purchased.
**The land is currently commercially zoned, providing additional development possibilities beyond residential redevelopment. Potential commercial uses may include storage bays, commercial loft spaces, or other commercial concepts permitted under the existing zoning.
Buyers should independently verify permitted uses and development requirements with the City of Columbus.
***Property has been rented for $1,041/month for last 2 years.
****With being in an opportunity zone, building affordable housing qualifies for a 15 year tax amendment and could potentially receive City of Columbus bond money.
Location
State OH
County Franklin
Community Franklinton
Area 0.32
Zoning Commercial
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-037444-00
Listed by Emily Groza Yoko The Brokerage House
Nearby Locations
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