50 E Lincoln Street, Columbus, OH 43215
$1,200,000
Property Type:
Business Opportunity
Square Footage:
4,502
Lot Size (sq. ft.):
8,276
Status:
Closed
Current Price:
$1,200,000
List Date:
10/29/2024
Last Modified:
3/03/2025
Description
Historic Bed and Breakfast located in Prime Short North/Italian Village Location. 4,500 sq. ft. 8 bed 8.5 bath features 7 unique guest suites with private full baths and a separate owner suite. For guests it offers a large dining room, updated kitchen, parlor, business center, nicely landscaped back patio, screened in porch and 10 spot parking lot. Sale includes real estate and business. The building has lots of charm with modern updates and meets all state licensing hotel requirements. High occupancy rate and growing yearly profits. Business software makes it easy to book along multiple sites and it has lots of 5 star reviews and repeat customers. Sought after location close to all Downtown Columbus has to offer. Great opportunity to step into a successful venture.
Supplements: ********
More Information MLS# 223034534
Location & Property Info
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Location of business is:: Owned
Office/Contract Info
For Sale: Yes
General Property Info
Business Description: Hotel Bed Breakfast
Bldg Sq Ft: 4502
Total Sq Ft: 4502
Acreage: 0.19
Tax Info
Zoning: Commercial
Taxes (Yrly): 14261
Parcel #: 010-038156
Tax Year: 2022
Remarks & Misc
Property Description: Historic Bed and Breakfast located in Prime Short North/Italian Village Location. 4,500 sq. ft. 8 bed 8.5 bath features 7 unique guest suites with private full baths and a separate owner suite. For guests it offers a large dining room, updated kitchen, parlor, business center, nicely landscaped back patio, screened in porch and 10 spot parking lot. Sale includes real estate and business. The building has lots of charm with modern updates and meets all state licensing hotel requirements. High occupancy rate and growing yearly profits. Business software makes it easy to book along multiple sites and it has lots of 5 star reviews and repeat customers. Sought after location close to all Downtown Columbus has to offer. Great opportunity to step into a successful venture.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Bus Financial Info
From: 2017-04-05
Through: 2023-10-18
Gross Sales: 0
Net Before Taxes: 0
Sales Includes
Equipment: 1
Inventory: 1
Real Estate: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1275000
Sold Price: $1,200,000
Property Sub Type: Other
Street #: 50
Street PreDirection: E
Street Name: Lincoln
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43215
Subdiv/Cmplx/Comm: Short North Italian Village
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2023-10-19
Status Change Info
Under Contract Date: 2024-09-06
Sold Date: 2024-11-14
Sold Price: $1,200,000
Property Features
Addl Acceptance Cond: None Known
Sales Includes: Equipment; Inventory; Real Estate
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Berkshire Hathaway HS Pro Rlty
Listing Agent:
Andrew J Mechenbier
Last Updated: March - 03 - 2025
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