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75 E State St
Columbus, OH 43215
Sheraton Columbus Hotel at Capitol Square · Hospitality Property For Sale · 323,901 SF

INVESTMENT HIGHLIGHTS

  • 75 E State Street is a 380,000-square-foot, fee-simple Sheraton Hotel, possessing 403 rooms in the epicenter of Columbus, OH.
  • Presents an immense opportunity to acquire a prominently positioned hotel at an extremely attractive basis with fantastic value-add upside.
  • Any new investor will have the opportunity to take advantage of significant financial and tax incentives from the city following any re-development.
  • Occupies a prime location on the Capitol Square, adjacent to the Ohio Statehouse at the governmental, legal and financial center of Columbus.
  • The hotel abuts Columbus Commons Park, an expansive family-friendly urban park and cultural epicenter of the city which hosts year-round event
  • The hotel houses the highest-grossing Starbucks in Columbus, alongside a well-known high-end restaurant, The Plaza Restaurant and Lounge.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.22 AC
Building Size 323,901 SF
No. Stories 22
Year Built/Renovated 1984/2012
Corridor Interior
Zoning Downtown District, Col.
Parcel Number 010-020200

AMENITIES

  • Business Center
  • Fitness Center
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 28249362

  • Date on Market: 4/17/2023

  • Last Updated:

  • Address: 75 E State St, Columbus, OH 43215

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