Mixed-Use Opportunity Zone Franklinton 4 biens | À vendre | 1 078 587 € | Columbus, OH

Rare opportunity to acquire a mixed-use building on Broad Street in the heart of Franklinton. Located in an Opportunity Zone, this sale includes two additional parcels currently utilized as parking. These lots present a compelling development opportunity and fall within the existing CRA tax abatement area, while also qualifying for additional Opportunity Zone benefits. The property features commercial space on the first floor that is ideal for an owner/user seeking office or retail presence along Broad Street. With income generated from the upper-level apartments and other in-place commercial tenants, a majority — if not all — of the building’s ownership costs could be offset, creating a highly attractive live/work or investment scenario. Current tenants are paying below-market rents, providing meaningful upside as leases roll and the continued revitalization of Franklinton drives rental growth. With billions of dollars being invested in the neighborhood and its immediate proximity to Downtown Columbus, this asset is exceptionally well positioned to benefit from the city’s ongoing growth and momentum.