Office/Contract Info

For Sale

Yes

For Exchange

No

For Lease

No

Remarks & Misc

Property Description

Presenting a fully-turnkey townhome development opportunity in one of Columbus' rapidly growing Urban corridors near Parsons Ave, Nationwide Children's Hospital, and East Livingston Ave. Offering includes four (4) approved townhome lots with city-approved architectural and building plans (fully transferable to new owner), allowing construction to begin immediately. The project consists of four modern townhome units, each designed as 2-bedroom, 2.5-bathroom with living space that includes a kitchen, living room, dining room, laundry room, rooftop patios, and private attached two-car garages. Units A-C are approximately +/- 1,575 SF each, with the corner unit facing Ann Street designed larger at approximately +/- 1,825 SF. A major benefit is the rare 15-year tax abatement, which has already been approved and begins upon issuance of the Certificate of Occupancy, enhancing long-term project returns and resale value. The site is located in an area experiencing significant redevelopment momentum, including a new mixed-use development approximately 0.1 miles from the site (86 planned units with ground-floor retail), as well as nearby new-construction Kossuth Homes with recent sales exceeding $550,000--demonstrating strong demand for new housing and growth in the immediate area.

Income/Expenses

Gross Income

0

Net Operating Income

0

Total Expenses

0

Addl Acceptance Cond

None Known

Yes

Services Available

Electricity Available

Yes

Natural Gas Available

Yes

Water Available

Yes

MLS Primary PhotoSrc

Realtor Provided

Yes

Property Features