50 E Lincoln Street, Columbus, OH 43215

$1,200,000
Property Type: Commercial 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 in the heart of the Short North/Italian Village. This 4,500 sq. ft brick building is equipped with 8 beds and 8.5 baths and provides a blend of old world charm and modern updates. In operation since 1986 it offers guests unique rooms each with a private full bath, large dining room, updated kitchen, parlor, business center, nicely landscaped back patio, screened in porch and 10 spot parking lot. Private suite for owner or manager with separate entrance. Managing the business is easy with integrated software for accounting and booking. Guests are able to book along multiple sites with lots of 5 star reviews and repeat customers. This profitable business has high occupancy rates and growing yearly profits. Sale includes the real estate and the business.

Supplements: ********

More Information MLS# 223035403

Location Property Info

Original List Price: 1275000 Sold Price: $1,200,000 Property Sub Type: Hotel/Motel 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: 2023-10-26

General Property Info

Previous Use: Bed and Breakfast Total SqFt Available: 4502 Bldg Sq Ft: 4502 Max Cont Sqft Avail: 4502 Minimum Sqft Avail: 4502 # of Floors Above Gr: 2 Total Parking: 10 Year Built: 1917 Acreage: 0.19

Tax Info

Parcel #: 010-038156 Zoning: Commerical Tax Year: 2022 Tax Abatement: No Taxes (Yrly): 14261

Status Change Info

Under Contract Date: 2024-09-06 Sold Date: 2024-11-14 Sold Price: $1,200,000 Sold Price/SqFt: 266.55

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Gas Heat Type: Forced Air Electric: Single Phase Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Business Type: Hotel/Motel; Multi-Family New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Berkshire Hathaway HS Pro Rlty
Listing Agent: Andrew Mechenbier
Last Updated: March - 03 - 2025
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