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

Overview

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.

Listing Details MLS# 223022111

Location Property Info

Original List Price
1200000
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

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/Acre
2266666.67

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/Acre
2666666.67
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
For Exchange
No
For Lease
No

Remarks & Misc

Property 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.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Sewer

Public Sewer
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

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