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Speak Easy Lofts 1555-1563 N 4th St 6 Unit Apartment Building $2,373,064 CAD ($395,511 CAD/Unit) 7.38% Cap Rate Columbus, OH 43201



INVESTMENT HIGHLIGHTS
- Fully leased apartment over commercial property
- In an Opportunity Zone
- Desirable, vibrant location near OSU, the Short North and downtown Columbus.
- Completely renovated in 2019 down to the studs with high-end finishes
- Strong historical performance in a high-demand rental market
EXECUTIVE SUMMARY
Brown Multifamily Advisors is pleased to exclusively offer for sale Speakeasy Lofts, located at 1555–1563 N 4th Street in Columbus, Ohio, a mixed-use, fully leased investment asset situated in the thriving University District just minutes from The Ohio State University and the Short North Arts District.
Originally constructed in 1920, the property underwent complete interior and exterior renovation that transformed it into a boutique urban destination combining modern loft-style apartments with street-level retail storefronts. The building totals 10,772 square feet across three stories and sits on a 0.16-acre parcel with 69 feet of frontage along North 4th Street, one of the area’s most heavily traveled corridors.
The three ground floor retail suites provide highly visible storefront opportunities at a signalized intersection, ideal for restaurants, service providers, or neighborhood retailers. The upper two floors contain luxury loft apartments featuring open floor plans, high ceilings, exposed brick, oversized windows and chef-inspired kitchens. Select units include private terraces or access to the shared rooftop deck, offering a competitive advantage in attracting students, young professionals, and urban renters seeking premium amenities in a walkable location. The property includes on-site parking for five vehicles, with additional street parking.
Speakeasy Lofts benefits from a diversified rent roll with 100% occupancy, ensuring consistent income generation. The investment opportunity represents a unique opportunity to acquire a turnkey, cash-flowing asset with strong upside potential in one of the Midwest’s fastest-growing metros.
Originally constructed in 1920, the property underwent complete interior and exterior renovation that transformed it into a boutique urban destination combining modern loft-style apartments with street-level retail storefronts. The building totals 10,772 square feet across three stories and sits on a 0.16-acre parcel with 69 feet of frontage along North 4th Street, one of the area’s most heavily traveled corridors.
The three ground floor retail suites provide highly visible storefront opportunities at a signalized intersection, ideal for restaurants, service providers, or neighborhood retailers. The upper two floors contain luxury loft apartments featuring open floor plans, high ceilings, exposed brick, oversized windows and chef-inspired kitchens. Select units include private terraces or access to the shared rooftop deck, offering a competitive advantage in attracting students, young professionals, and urban renters seeking premium amenities in a walkable location. The property includes on-site parking for five vehicles, with additional street parking.
Speakeasy Lofts benefits from a diversified rent roll with 100% occupancy, ensuring consistent income generation. The investment opportunity represents a unique opportunity to acquire a turnkey, cash-flowing asset with strong upside potential in one of the Midwest’s fastest-growing metros.
PROPERTY FACTS
| Price | $2,373,064 CAD | Building Class | B |
| Price Per Unit | $395,511 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 10,751 SF |
| Cap Rate | 7.38% | No. Stories | 2 |
| No. Units | 6 | Year Built/Renovated | 1920/2019 |
| Property Type | Multifamily | Parking Ratio | 0.47/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | C-4 - Retail/Apts Over Walk-Up | ||
| Price | $2,373,064 CAD |
| Price Per Unit | $395,511 CAD |
| Sale Type | Investment |
| Cap Rate | 7.38% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 10,751 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2019 |
| Parking Ratio | 0.47/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-4 - Retail/Apts Over Walk-Up |
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 010-047250 | Improvements Assessment | $377,738 CAD |
| Land Assessment | $50,914 CAD | Total Assessment | $428,652 CAD |
PROPERTY TAXES
Parcel Number
010-047250
Land Assessment
$50,914 CAD
Improvements Assessment
$377,738 CAD
Total Assessment
$428,652 CAD
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Speak Easy Lofts | 1555-1563 N 4th St
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