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1081-1087 Mt Vernon ave 28,128 SF Flex Building Columbus, OH 43203 $1,321,549 CAD ($46.98 CAD/SF)

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Investment Highlights

Opportunity Zone, tax incentives
Multi-use, redevlop storefront and condos/apartments

Over 20,000 sqft

Executive Summary

Located in an Opportunity Zone (tax incentives for redevelopment!), 1081-1087 Mt Vernon Avenue offers 3 storefronts, a parking lot, and 3 stories of mixed-use commercial space ready for new ownership. Set on the corner of Mt. Vernon Ave and 20th St. in the King Lincoln Historical District and available for sale for the first time since 1967, this past owned and operated family pharmacy is ready for new life. Redevelop all three space or combine into one project. Create retail/restaurant spaces below and condos/aparements above. Over 20,000 sqft. of possibility. Basement access for each of the 3 buildings. 2nd and 3rd floor access to apartment/condo spaces. Parking lot for 8-10 cars. Across the street, Mount Vernon Plaza is slated for a $20 million redevelopment that will include the addition of 12,000 square feet of retail and 57 units of affordable housing. Target completion in 2028. Sold as is where is. Appraisal and structural report available as well as information on Opportunity Zones.

Opportunity Zones & Revitilazation Areas

Showing Release Hold Harmless Agreement

Redevelopment Grant Opportunities

National Register of Historic Places

1949 Photo

Mt Vernon Structural Report

Third Party Reports

Taxes & Operating Expenses (Actual - 2026) Click Here to Access	Annual (CAD)	Annual Per SF (CAD)
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$1,321,549 CAD	Lot Size	0.28 AC
Price Per SF	$46.98 CAD	Rentable Building Area	28,128 SF
Sale Type	Owner User	No. Stories	3
Sale Condition	Redevelopment Project	Year Built	1920
Property Type	Flex General Retail Drugstore General Retail Storefront Retail/Residential Office Office Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Multi-Use - Zoned multi-use.

Price	$1,321,549 CAD
Price Per SF	$46.98 CAD
Sale Type	Owner User
Sale Condition	Redevelopment Project
Property Type	Flex General Retail Drugstore General Retail Storefront Retail/Residential Office Office Residential
Lot Size	0.28 AC
Rentable Building Area	28,128 SF
No. Stories	3
Year Built	1920
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Multi-Use - Zoned multi-use.