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1478 Oak Street, Columbus, OH 43205

$599,000.00
  • 1478 Oak Street, Columbus, OH 43205 Main Photo

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Active
MLS#225005632
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONFranklin Park

Property Description

Located in a prime Columbus corridor just steps from Franklin Park Conservatory and the heart of Olde Towne East, this property presents a compelling mixed-use redevelopment opportunity in one of the city's fastest-growing neighborhoods. Surrounded by historic architecture, walkable streets, local restaurants, breweries, and green space, the area continues to benefit from strong revitalization momentum and rising property values.One of the permitted uses for the property allows for a mixed-use redevelopment that preserves the existing building, creating a dynamic, income-producing asset. The first floor offers exceptional flexibility and can be activated as a restaurant, pub, coffee shop, small retail shop, neighborhood grocery, virtual gaming or entertainment facility, or another concept that brings energy and foot traffic to the corridor. This adaptability allows investors and operators to bring their own vision to life while serving both the surrounding residential and commercial community.The second floor presents the opportunity to develop four high-end luxury studio loft apartments, thoughtfully designed with modern finishes and private balconies, creating a reliable residential income stream. The combination of experiential commercial space below and premium residential units above offers a balanced, diversified revenue model well suited for long-term investors seeking both cash flow and appreciation.With quick access to Downtown Columbus, I-70, I-71, and major transit routes, the location provides seamless connectivity to the Short North, Arena District, and the rapidly developing Near East Side. Additionally, the current owner is willing to stay on through redevelopment, offering the opportunity for a builder partnership and long-term hold, adding stability, continuity, and local insight to the project.

Property Features

Property Type: Commercial - Business
Days on Market: 465
Lot Size: 0.28 Acres
Year Built: 1909

Feature Descriptions

Lot Dimensions: 0
Parcel #: 010-007998
Utilities: Sewer Available, Natural Gas Available, Electricity Available

Listed By / Shown By

Listed By

Agency Name: Real Estate Opportunity
Agent Name: Desmond E Todd
Agency Phone: 614-924-0410

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Shown By

Agent Name: Douglas Smith
Agent Phone: (614) 869-7139

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/06/2026. The listing information on this page last changed on 06/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/06/2026 12:02:30 AM EST) or Dayton MLS (last updated Fri 06/05/2026 11:46:48 PM EST) or CBRMLS (last updated Sat 06/06/2026 12:00:02 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Fri 06/05/2026 11:53:35 PM EST). Real estate listings held by brokerage firms other than Westwood Real Estate Co may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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