3021 N High Street, Columbus, OH 43202

$1,020,000
Property Type: Land/Farm Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $1,020,000 List Date: 7/14/2023 Last Modified: 3/02/2025

Description

Total 0.45-acre (3 parcels) Clintonville site that has been rezoned and all city approvals and variances secured for the construction of a five-story, 45-unit multifamily property with 2,000 SF of ground level commercial space. Current owner has conducted all necessary environmental, geotechnical and traffic/parking investigations as well as preliminary development plans, all available upon request. Total annual RE taxes of $7,776. The site is currently leased to a used car dealership through May 2025 after which it becomes MTM. Monthly rent is $3,229. Tenant pays all operating expenses except RE taxes. Either party can terminate the lease early with applicable notice and breakage fees. The only improvement currently on the site is a 1,218 SF structure used as a car sales office.

Supplements: ********

More Information MLS# 223022111

Location Property Info

Original List Price: 1200000 Sold Price: $1,020,000 Property Sub Type: Development Street #: 3021 Street PreDirection: N Street Name: High Street Suffix: Street County: Franklin State: OH Zip Code: 43202 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2023-07-13

General Property Info

Acreage: 0.45 Residential Dwelling/Other Structure Y/N: No Built Prior to 1978: No

Tax Info

Parcel #: 010-003021 Zoning: Commercial Multiple Parcels: Yes Addl Parcel Numbers: 010-018914-00; 010-055904-00 Tax Year: 2022 Tax Abatement: No Taxes (Yrly): 2689

Status Change Info

Under Contract Date: 2023-10-30 Sold Date: 2023-10-31 Sold Price: $1,020,000 Sold Price/Acre: 2266666.67

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Sewer: Public Sewer MLS Primary PhotoSrc: Realtor Provided
Listing Office: Brown Multifamily Advisors,LLC
Listing Agent: Matthew Brown
Last Updated: March - 02 - 2025
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