132 E 5th Avenue, Columbus, OH 43201
$1,250,000
Property Type:
Commercial Lease
Square Footage:
6,852
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$1,250,000
List Date:
8/14/2025
Last Modified:
8/22/2025
Description
Prime Mixed-Use Investment Opportunity!
An exceptional addition to your investment portfolio, this unique parcel offers both commercial and residential income streams. The property features a retail/commercial space with second and third floor unfinished square footage and prominent frontage along bustling 5th Avenue — perfect for future development or expanded business use.
On Summit Street, you'll find three fully rented brick townhomes, currently leased at $1,320, $1,295, and $1,295 per month, plus utilities. Solid brick construction ensures lasting durability and timeless appeal, while the steady rental income provides immediate cash flow.
Whether you're looking to expand your holdings or diversify into a high-demand mixed-use location, this property offers endless potential for both present returns and future growth.
Supplements: ********
More Information MLS# 225030779
Location & Property Info
List Price/SqFt: 182.43
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 0
General Property Info
Total SqFt Available: 6852
Bldg Sq Ft: 6852
Max Cont Sqft Avail: 6852
Minimum Sqft Avail: 0
# of Docks: 0
# of Floors Above Gr: 2
Year Built: 1919
Acreage: 0.15
Tax Info
Tax Abatement: No
Taxes (Yrly): 11922
Parcel #: 010-037296
Tax Year: 2024
Remarks & Misc
Property Description: Prime Mixed-Use Investment Opportunity!
An exceptional addition to your investment portfolio, this unique parcel offers both commercial and residential income streams. The property features a retail/commercial space with second and third floor unfinished square footage and prominent frontage along bustling 5th Avenue — perfect for future development or expanded business use.
On Summit Street, you'll find three fully rented brick townhomes, currently leased at $1,320, $1,295, and $1,295 per month, plus utilities. Solid brick construction ensures lasting durability and timeless appeal, while the steady rental income provides immediate cash flow.
Whether you're looking to expand your holdings or diversify into a high-demand mixed-use location, this property offers endless potential for both present returns and future growth.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Construction
Brick: 1
Auction Info
Auction/Online Bidding Y/N: No
Business Type
Multi-Family: 1
Professional/Office: 1
Residential: 1
Restaurant: 1
Retail: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1250000
List Price: $1,250,000
Property Sub Type: Mixed Use
Street #: 132
Street PreDirection: E
Street Name: 5th
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-08-14
Property Features
Addl Acceptance Cond: None Known
Construction: Brick
Business Type: Multi-Family; Professional/Office; Residential; Restaurant; Retail
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Rich Russo Realty & Co.
Listing Agent:
Richard Russo
Last Updated: August - 22 - 2025
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