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156 S Ohio Ave
Columbus, OH 43205
Retail Property For Sale
Investment Highlights
- Fully equipped for restaurant or commercial use with outdoor seating potential.
- Located near Nationwide Children’s Hospital, employing over 13,000 people.
- Close to Columbus State and Capital University, serving over 35,000 students and staff.
- Brand-new HVAC system, 600-amp electric service, and grease trap connection in place.
- Surrounded by major employers, including State Auto Insurance and Grant Medical Center.
- Area experiencing significant redevelopment with multiple new residential projects.
Executive Summary
The United Provision Co. Building offers a unique opportunity to acquire a well-positioned retail property in the heart of Columbus, Ohio. This 5,624-square-foot building is situated in the vibrant Olde Towne East neighborhood, an area experiencing significant redevelopment and investment activity. The property’s proximity to major employment centers, including Nationwide Children’s Hospital with over 13,000 employees and nearby insurance and financial institutions, ensures a strong daytime population and consistent consumer traffic.
The building features modern infrastructure upgrades, including a brand-new 37.5-ton HVAC system, 600-amp electric service, and a grease trap connection, making it ideal for restaurant or commercial use. With ample outdoor seating potential and convenient access to major roadways, this property is well-suited for an investor seeking a value-add opportunity in a growing urban corridor. The surrounding area boasts a mix of residential developments, retail amenities, and cultural attractions, further enhancing the property’s long-term appreciation potential.
The building features modern infrastructure upgrades, including a brand-new 37.5-ton HVAC system, 600-amp electric service, and a grease trap connection, making it ideal for restaurant or commercial use. With ample outdoor seating potential and convenient access to major roadways, this property is well-suited for an investor seeking a value-add opportunity in a growing urban corridor. The surrounding area boasts a mix of residential developments, retail amenities, and cultural attractions, further enhancing the property’s long-term appreciation potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,624 SF
Building Class
C
Year Built/Renovated
1945/1958
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
C - Commercial Zoning and Ideal for multiple uses. Approved for bar/restaurant or other general retail or office.
Previously a market. For Sale or Lease
Parking
4 Spaces (0.71 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Corner Lot
- Food Court
- Security System
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 010-316940 | Improvements Assessment | $95,130 |
| Land Assessment | $31,360 | Total Assessment | $126,490 |
Property Taxes
Parcel Number
010-316940
Land Assessment
$31,360
Improvements Assessment
$95,130
Total Assessment
$126,490
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