309 S 4th Street, Columbus, OH 43215
$9,500,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
11,326
Status:
Pending
Current Price:
$9,500,000
List Date:
11/14/2025
Last Modified:
12/18/2025
Overview
Description
The Mercantile is a fully refurbished historical building featuring original exposed timber beams and top of the line architectural features throughout. Boasting total of 41 units, 5 of which are luxury penthouses (with gas appliances) and 3 commercial units. The landmark building includes 2 elevators, front lobby reception, underground storage, fitness center, cutting edge security features, a rooftop that can be developed into iconic retail space or additional tenant amenities and parking lot including 30 spaces. Standard finishes include quartz counters, stainless appliance packages, in-unit laundry, wood floors, and LED backlit mirrors. 100% property tax abatement in place until 2034. 3 total parcels included in sale, one of the parcels can be developed as mid rise building. Property flyer attached with additional buildings specs. Agents please see A2A for additional info
Listing Details MLS# 225043059
Location Property Info
- Original List Price
- 9500000
- Property Sub Type
- Midrise
- Street #
- 309
- Street PreDirection
- S
- Street Name
- 4th
- Street Suffix
- Street
- County
- Franklin
- State
- OH
- Zip Code
- 43215
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2025-11-14
General Property Info
- Number of Units
- 41
- # of Buildings
- Yes
- Total Parking
- 30
- Building Sqft
- 44336
- Year Built
- 1902
- Built Prior to 1978
- Yes
- Acreage
- 0.26
Tax Info
- Parcel #
- 010-044614
- Addl Parcel Numbers
- 010-286240-00 & 010-044130-00
- Tax Year
- 2024
- Tax Abatement
- Yes
- Abatement End Date
- 2034-01-01
- Taxes (Yrly)
- 39866
Status Change Info
- Under Contract Date
- 2025-12-17
1 Bedroom
- 1 Bedroom # of Units
- 21
More Information
2 Bedroom
- 2 Bedroom # of Units
- 12
Other
- Other # of Units
- 8
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 214.27
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- The Mercantile is a fully refurbished historical building featuring original exposed timber beams and top of the line architectural features throughout. Boasting total of 41 units, 5 of which are luxury penthouses (with gas appliances) and 3 commercial units. The landmark building includes 2 elevators, front lobby reception, underground storage, fitness center, cutting edge security features, a rooftop that can be developed into iconic retail space or additional tenant amenities and parking lot including 30 spaces. Standard finishes include quartz counters, stainless appliance packages, in-unit laundry, wood floors, and LED backlit mirrors. 100% property tax abatement in place until 2034. 3 total parcels included in sale, one of the parcels can be developed as mid rise building. Property flyer attached with additional buildings specs. Agents please see A2A for additional info
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Electric
- Yes
- Gas
- Yes
Parking Features
- Assigned
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Miscellaneous
- Security System
- Yes
- W/D Hookups
- Yes
Tenant Pays
- Electricity
- Yes
Heating
- Forced Air
- Yes
New Financing
- Assumable
- Yes
- Conventional
- Yes
Air Conditioning
- Rooftop
- Yes
Owner Pays
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
Assigned
Owner Pays:
Water
Tenant Pays:
Electricity
Heat Fuel:
Electric; Gas
Heating:
Forced Air
Air Conditioning:
Rooftop
Construction:
Brick
Water Source:
Public
Sewer:
Public Sewer
Miscellaneous:
Security System; W/D Hookups
New Financing:
Assumable; Conventional
MLS Primary PhotoSrc:
Realtor Provided
Documents
Property Flyer ›
Listing Office:
Red 1 Realty
Listing Agent:
Roxy Ponce
Last Updated: December - 18 - 2025
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