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
Overview
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.
Listing Details MLS# 223035403
Location Property Info
- Original List Price
- 1275000
- 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
- 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
- # of Docks
- 0
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/SqFt
- 266.55
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Location & Property Info
- List Price/SqFt
- 272.1
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- No
- Lease Rate $/Sq Ft
- 0
Remarks & Misc
- Property 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.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
Heat Fuel
- Gas
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Heat Type
- Forced Air
- Yes
Electric
- Single Phase
- Yes
New Financing
- Conventional
- Yes
Business Type
- Hotel/Motel
- Yes
- Multi-Family
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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 J Mechenbier
Last Updated: March - 03 - 2025
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