Short North Multifamily Investment Opportunity

29 W 1st Ave, Columbus, OH 43201

  • For Sale $1,250,000
  • Property Type Multi-Family
  • Property Size 4,104 SF
  • Units 9
  • Lot Size 0.08 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1920
  • Date Updated Nov 12, 2024
29 W. 1st Avenue is located right off North High Street, nestled in the heart of the Short North Arts District. This property is situated within walking distance to many cultural attractions, trendy boutiques, art galleries, dining/entertainment establishments, and nearby parks.Located in the Short North Arts District, 29 W. First Avenue offers urban living within walking distance to cultural attractions, boutiques, art galleries, and dining. The property location provides easy access to arterial North High Street and is proximal to notable attractions, including Goodale Park, North Market and the Columbus Convention Center. The building offers eight large studio apartments and a single one-bedroom unit and is currently 100% occupied. Other features include: brick façade, full basement, and minimal common area space to maintain. Below-market rents currently in place provide upside and value-add potential for the next owner!

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Highlights

  • Located Right Off High Street in the Short North’s Historic Victorian Village Neighborhood
  • Directly Across from the new Sutton Apartments
  • 9 Total Units: Eight Large Studios & A One-Bedroom Unit
  • 100% Occupied with Extremely Strong Historical Occupancy
  • Below-Market Rents Provide Upside For the Next Owner
  • Attractive Brick Façade
  • Full Basement
  • Minimal Common Areas & Small Site to Maintain
  • Value-Add Potential
  • Walkable to Countless Amenities the Short North Offers, Including: Bars, Restaurants, Shopping, Art Galleries & Goodale Park

Contacts

broker

Peter Merkle

NAI Ohio Equities

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    55/100 Good Transit

  • Bike Score ®

    93/100 Biker's Paradise
Powered by Walk Score ®
  • City Columbus, OH
  • Neighborhood Short North
  • Zip Code 43201
  • Market Columbus

Points of Interest

  • Tesla Supercharger

    0.45 miles

  • BP

    0.45 miles

  • Marathon

    1.02 miles

  • Exxon

    1.07 miles

  • GetGo

    1.22 miles

  • Speedway

    1.25 miles

  • Sunoco

    1.28 miles

  • Shell

    1.49 miles

  • Joseph Garage

    0.33 miles

  • Eden Alley Lot

    0.37 miles

  • Arena Crossing Lot

    0.60 miles

  • Columbus Convention Center - Vine Street Garage

    0.62 miles

  • Vine East Lot

    0.65 miles

  • Guest Parking

    0.67 miles

  • Nationwide Arena Garage

    0.69 miles

  • McConnell Garage

    0.75 miles

  • 28-S

    0.86 miles

  • Buggyworks Lot

    0.86 miles

  • Moxy

    0.11 miles

  • Graduate by Hilton Columbus

    0.18 miles

  • 50 Lincoln Bed and Breakfast

    0.25 miles

  • Le Meridien Columbus, The Joseph

    0.35 miles

  • AC Hotel Columbus Downtown

    0.49 miles

  • Hampton Inn & Suites Columbus Downtown

    0.53 miles

  • Hilton Columbus Downtown

    0.65 miles

  • Harrison House

    0.70 miles

  • Hyatt Regency Columbus

    0.73 miles

  • Drury Inn & Suites Columbus Convention Center

    0.76 miles

  • The Rossi Bar & Kitchen

    0.06 miles

  • Arch City Tavern

    0.06 miles

  • Good Night John Boy

    0.09 miles

  • Donatos Pizza

    0.10 miles

  • Hubbard Bar and Grille

    0.11 miles

  • TownHall

    0.11 miles

  • Northstar Cafe Short North

    0.11 miles

  • Ampersand

    0.12 miles

  • The Eagle

    0.13 miles

  • White Castle

    0.14 miles

  • Hubbard Elementary School

    0.15 miles

  • Saint Joseph Montessori School

    0.27 miles

  • Columbus Gifted Academy

    0.41 miles

  • Weinland Park Elementary School

    0.70 miles

  • Milo School

    0.92 miles

  • Ballet Met Dance Academy

    0.98 miles

  • Fort Hayes Career Center

    1.01 miles

  • Saint Patricks School

    1.04 miles

  • Saint Peters School

    1.04 miles

  • Columbus State Community College

    1.17 miles

  • The Goddard School

    1.33 miles

  • Heavenly Kids Center for Early Learning

    1.84 miles

  • Balanced Family Academy

    1.98 miles

  • Nationwide Children's Hospital Child Care Center

    2.51 miles

  • Star Kidz Learning Center

    2.79 miles

  • Our Play Station

    3.22 miles

  • Teachable Moments @ Little Gems

    3.23 miles

  • Kids Kingdom Childcare and Learning Center

    3.77 miles

  • Kids Zone

    4.29 miles

  • St. Catharine Preschool

    4.50 miles

Frequently Asked Questions

How much does Short North Multifamily Investment Opportunity cost?

The space currently listed for sale at Short North Multifamily Investment Opportunity asks for $1,250,000.

What is the total square footage of Short North Multifamily Investment Opportunity?

Short North Multifamily Investment Opportunity totals 4,104 square feet.

When was this property built?

Short North Multifamily Investment Opportunity was built in 1920.

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Contact Listing Broker

broker

Peter Merkle

NAI Ohio Equities