973 E BROAD ST Columbus OH 43205-1139

East Broad Residences: A Timeless Investment in Columbus's Heart

Unlock the potential of history and hospitality.

Introducing East Broad Residences, a meticulously restored historic landmark offering a rare investment opportunity in the heart of Columbus. This 10,850-square-foot haven on East Broad Street seamlessly blends vintage charm with modern amenities, presenting the ideal canvas for your bed and breakfast or boutique extended-stay hotel vision.

A Rich History Meets Modern Comfort

Originally built in 1920 and lovingly restored in 2020, East Broad Residences boasts a captivating architectural narrative. Each detail has been thoughtfully preserved, creating an ambiance that resonates with both history and contemporary elegance.

Diverse Living Spaces, Unlimited Potential

Choose from a versatile range of apartments, each designed to cater to a variety of needs:

• 1-Bedroom, 1-Bathroom Garden Units: Perfect for mid-term rentals and traveling professionals.

• 2-Bedroom, 1-Bathroom Townhouses: Ideal for extended stays and families seeking spacious accommodations.

• 5-Bedroom, 5-Bathroom Bed and Breakfast with 2-Bedroom Apartment: A truly unique centerpiece for your hospitality venture.

Your Vision Awaits

East Broad Residences is more than just a property; it's an invitation to create an exceptional hospitality experience. With minimal renovations required, your dream of owning a profitable and distinctive establishment is within reach.

Schedule a private tour today and let the charm of East Broad Residences inspire your next venture.

Key Investment Highlights

• •Turnkey Operation: Current short-term rental operation streamlines the transition for new ownership.

  •Boutique Hotel Conversion: The property is primed for transformation into a unique boutique hotel.

  •15-Year Tax Abatement: Significant financial advantage offering reduced property taxes for 15 years.

  •Appraised Value: A 2021 appraisal valued the property at $3.2 million, affirming its investment potential.

  Market Analysis: Columbus boasts a thriving hospitality market with strong occupancy rates and average daily rates, creating a favorable environment for this investment.