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612 Kossuth st - Shovel-Ready, Tax-Abated Townhome Opportunity 0.18 Acres of Commercial Land Offered at $495,000 in Columbus, OH 43206



Investment Highlights
- Tax-Abated Townhome Development
- Approved plans + 15-year tax abatement
- Rooftop patios & 2-car garages
- Four (4) turnkey & shovel-ready townhome development lots
- 2-bed / 2.5-bath units (±1,575–1,825 SF)
- Near Parsons Ave & Nationwide Children’s Hospital - minutes from Downtown & German Village
Executive Summary
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.
Property Facts
| Price | $495,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.18 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R-4 - Residential | ||
| Price | $495,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.18 AC |
| Opportunity Zone |
Yes |
| Zoning | R-4 - Residential |
1 Lot Available
Lot
| Price | $495,000 | Lot Size | 0.18 AC |
| Price Per AC | $2,750,000.00 |
| Price | $495,000 |
| Price Per AC | $2,750,000.00 |
| Lot Size | 0.18 AC |
Four (4) turnkey & shovel-ready townhome development lots. City-approved architectural & building plans included (transferable to new owner). Rare, approved 15-year tax abatement.
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
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612 Kossuth st - Shovel-Ready, Tax-Abated Townhome Opportunity
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