Property Description

Aggressive Mark down. Priced to Sell. Attention Investors this is a great opportunity to own a Commercial Retail/Apartment building combination. Sitting on a corner lot. Two retail units on ground level and one apartment upstairs. Building is vacant. Conveniently walking distance from downtown, has a three car garage. Plenty of street parking. Cash or hard money is likely what would work.

285 Miami Avenue | MLS# 225014966

This commercial property located at 285 Miami Avenue, Columbus, OH 43203 is currently listed for sale with an asking price of $160,000. Search Columbus real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business

Days on Market: 99

Lot Size: 0.05 Acres

Taxes: $862

Year Built: 1900

Feature Descriptions

Parcel #: 010-042596

Demographics

Franklin County Demographic Information for 285 Miami Avenue, Columbus, OH 43203

Fips

Fips Code 39049

Population

2020 to 2025 Change up 2.9%

2010 Count 1,163,414

2020 Count 1,323,807

2025 Estimate (V2025) 1,361,536

2020 Estimate (V2025) 1,323,810

Age Distribution (Years Old)

0 to 4 6.3%

5 to 17 23.0%

18 to 64 57.0%

65 and Older 13.7%

Gender

Male 49.1%

Female 50.9%

Place of Birth

Foreign 13.0%

US 87.0%

Education

High School Graduate, Age 25+ 91.2%

Bachelor's Degree or Higher, Age 25+ 42.1%

Computer and Internet use

Households with a computer 97.1%

Households with a broadband Internet subscription 94.1%

Language

English is Second Language, Age 5+ 16.7%

English is First Language, Age 5+ 83.3%

Veterans

Veterans 52,088

Income

Per Capita Income $43,731

Median Household Income $75,176

People in Poverty 13.9%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 594,813

Households 553,099

Average Household Size 2.36

Owner-Occupied 52.8%

Multi-Family 36.6%

Owner-Occupied Median Value $288,400

Median selected monthly owner costs -with a mortgage $1,781

Median selected monthly owner costs -without a mortgage $748

Median gross rent $1,302

Building Permits

New Private Housing Issued 2024 8,122

Years at Residence

1 Year or More 83.1%

Less Than 1 Year 16.9%

Business and Employment

Private non-farm Establishments 30,700

Private non-farm Employment 695,387

Private non-farm Employment Growth up 0.4%

Nonemployer Establishments 125,504

Number of Firms 21,489

Business Production

Value of Shipments $13,796,060,000

Wholesale Trade $32,205,012,000

Retail Trade $25,665,382,000

Retail Sales Per Capita $17,887

Accommodation and Food Services $3,728,293,000

Land

Land Area 532.19 sq. miles

Population Per Square Mile 2,187

Source: US Census Bureau

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285 Miami AvenueColumbus, OH 43203