359 E Markison Avenue, Columbus, OH 43207

$850,000
Property Type: Land/Farm Lot Size (sq. ft.): 26,136 Status: Closed
Current Price: $850,000 List Date: 7/14/2022 Last Modified: 2/24/2025

Description

Townhome Development Opportunity in Merion Village. Site was rezoned to Multifamily AR-1 Zoning - Approved for 17 Townhome Units. Located within the Southside CRA District - Eligible for 100%, 15-year Property Tax Abatements on all improvements. Seller has Geotech Subsurface Report, Phase I ESA, ALTA Survey, Storm, Grading & Ponding Plan, 100% Design Development Pricing Set, Demolition Estimate and Schematic Design Construction Budget Summary. Plans provide for 3 finished levels and garages ranging from 1428 SF to 1,800 SF.

Supplements: ********

More Information MLS# 222026165

Location Property Info

Original List Price: 1100000 Sold Price: $850,000 Property Sub Type: Multi-Family Land Street #: 359 Street PreDirection: E Street Name: Markison Street Suffix: Avenue County: Franklin State: OH Zip Code: 43207 Subdiv/Cmplx/Comm: Merion Village School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2022-07-14

General Property Info

Acreage: 0.6 Minimum Acreage: 0.6 Maximum Acreage: 0.6 Residential Dwelling/Other Structure Y/N: No # of Buildings: 1 Building Sq Ft: 16029 Year Built: 1910 Built Prior to 1978: Yes

Tax Info

Parcel #: 010-297819 Zoning: AR-1, Apartment Multiple Parcels: Yes Addl Parcel Numbers: 010-029091; 010-061553;010-051321 Tax Year: 2021 Tax Abatement: No Taxes (Yrly): 4936 Tax Incentive: Yes

Status Change Info

Under Contract Date: 2022-10-10 Sold Date: 2022-10-12 Sold Price: $850,000 Sold Price/Acre: 1416666.67

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Property Features

Addl Acceptance Cond: None Known Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: EPA Study; Public Transport; Survey Alternate Uses: Multi-Family; Residential New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Documents

Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Douglas Tenenbaum
Last Updated: February - 24 - 2025
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