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185-195 E 5th Ave 12,440 SF Vacant Industrial Building Columbus, OH 43201 $2,206,816 CAD ($177.40 CAD/SF)



Investment Highlights
- Potential tax benefits available through Opportunity Zone investment programs
- Recently painted building
- Redevelopment potential under UCT zoning
- Five (5) drive-in doors and 15 on-site parking spaces
- All public utilities available
- Potential multi-tenant configuration
Executive Summary
This 12,000 +/- SF warehouse facility offers an exceptional opportunity for investors, owner-users, and industrial operators seeking a well-located industrial asset. Constructed in 1961, the building sits on approximately 0.42 acres and features functional warehouse space suitable for a variety of industrial and commercial uses, including storage, distribution, light manufacturing, contractor operations, and service businesses. The site includes 15 on-site parking spaces along the west side of the building, providing convenient access for employees and visitors. Positioned within one of Columbus’ established industrial and commercial corridors, the asset benefits from proximity to downtown Columbus, major transportation routes, and a strong regional labor market. Located within an Ohio Qualified Opportunity Zone, it offers an added incentive for investors seeking potential tax advantages while pursuing redevelopment, modernization, or continued industrial use.
Property Facts
| Price | $2,206,816 CAD | Rentable Building Area | 12,440 SF |
| Price Per SF | $177.40 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1957 |
| Property Type | Industrial | Parking Ratio | 0.48/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.42 AC | Opportunity Zone |
Yes
|
| Zoning | Mixed-Use, UCT | ||
| Price | $2,206,816 CAD |
| Price Per SF | $177.40 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.42 AC |
| Rentable Building Area | 12,440 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Parking Ratio | 0.48/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | Mixed-Use, UCT |
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 010-043191 | Improvements Assessment | $0 CAD |
| Land Assessment | $43,750 CAD | Total Assessment | $43,750 CAD |
Property Taxes
Parcel Number
010-043191
Land Assessment
$43,750 CAD
Improvements Assessment
$0 CAD
Total Assessment
$43,750 CAD
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185-195 E 5th Ave
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