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1220-1222 Parsons Ave 2,628 SF 100% Leased Retail Building Columbus, OH 43206 $274,158 CAD ($104.32 CAD/SF)
Investment Highlights
- Court Appointed Receiver Sale
- Mixed-Use Investment
- Online Auction Only
Executive Summary
Court Appointed Receiver Sale, 1220-1222 Parsons Ave, a mixed-use investment property located in close proximity to Nationwide Children’s Hospital, with convenient access to Downtown Columbus, German Village, and major highway corridors including I-70 and I-71. The building features three total units, consisting of one street-level retail space, one 2-bedroom, 1 bathroom, and one 1-bedroom, 1 bathroom apartment units.
The property is visually distinctive, with large-scale murals on two sides of the building that enhance street presence and visibility. Dedicated off-street parking adds functional value for both residential and retail occupants. The apartment units have been previously updated with newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and tiled bathrooms. The combination of updated residential units and street-level retail provides diversified income potential in a high-demand location. This asset is well-suited for investors or owner-users seeking a mixed-use property near a major employment and medical hub.
Property Information and Showings
Unrepresented buyers, please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour.
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice
The property is visually distinctive, with large-scale murals on two sides of the building that enhance street presence and visibility. Dedicated off-street parking adds functional value for both residential and retail occupants. The apartment units have been previously updated with newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and tiled bathrooms. The combination of updated residential units and street-level retail provides diversified income potential in a high-demand location. This asset is well-suited for investors or owner-users seeking a mixed-use property near a major employment and medical hub.
Property Information and Showings
Unrepresented buyers, please contact Kurt at kurt@prodigyprop.com with questions or to schedule a tour.
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
2,628 SF
Building Class
C
Year Built/Renovated
1920/2017
Price
$274,158 CAD
Price Per SF
$104.32 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
UCT - Mixed-Use, Urban Center
Parking
4 Spaces (1.52 Spaces per 1,000 SF Leased)
Frontage
47’ on Parsons Ave
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-053034 | Improvements Assessment | $136,127 CAD |
| Land Assessment | $9,953 CAD | Total Assessment | $146,080 CAD |
Property Taxes
Parcel Number
010-053034
Land Assessment
$9,953 CAD
Improvements Assessment
$136,127 CAD
Total Assessment
$146,080 CAD
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1220-1222 Parsons Ave
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