68 Mc Dowell St, Columbus, OH 43215

Discover a Hidden Gem in Franklinton: 68 McDowell St - Your Gateway to Innovation and Community

Nestled in the heart of Franklinton, Columbus' burgeoning creative district, 68 McDowell St stands as a testament to the neighborhood's rich history and promising future. This 4,648 SF property, known locally as the Prieto Building, offers investors a unique opportunity to be part of Columbus' most exciting urban renaissance.

Built in 1925 and meticulously renovated in 2022, the Prieto Building seamlessly blends historical charm with modern functionality. Its two stories and full basement, each offering 2,324 SF of flexible space, provide versatility rarely found in urban properties. This adaptability makes it an ideal canvas for a variety of business ventures, from cutting-edge office spaces to trendy retail outlets or innovative dining concepts.

Key Features:

• Versatile 4,648 SF space with two stories plus basement

• Ideal for retail, office, or restaurant use

• Adjacent to a 900-space parking garage

• Part of the vibrant Gravity Phase II development (Ohio’s conscious community living) one of Columbus’ fastest growing markets.

• Proximity to the brand-new Prim Mason restaurant opening Spring 2024 and Punchbowl Social

• Proximity to two brand new F&B establishments opening soon in the Gravity/Franklinton market.

Location, Location, Location:

The property's location within the Gravity Phase II development sets it apart as a prime investment opportunity. As part of Ohio's largest conscious community, 68 McDowell St is at the epicenter of a thriving ecosystem designed to promote wellbeing, creativity, and positive impact. This unique positioning ensures a steady stream of forward-thinking professionals and community members, creating a built-in audience for potential tenants.

Neighborhood

Franklinton's vibrant arts scene adds significant value to this investment. The neighborhood is home to numerous galleries, studios, and creative spaces, including 400 West Rich, Chromedge Studios, and the Columbus Idea Foundry. These cultural assets contribute to the area's appeal and foot traffic, benefiting businesses located at 68 McDowell St. Franklinton is quickly becoming Columbus' go-to spot for creatives, entrepreneurs, and young professionals.

The area also boasts a diverse array of dining and entertainment options, from craft breweries like BrewDog Franklinton and Land-Grant Brewing Co. to unique eateries like Strongwater Food and Spirits. This rich tapestry of local businesses creates a vibrant, walkable neighborhood that attracts both residents and visitors.

Demographics

Investors should note Franklinton's demographic trends, with an influx of young professionals and creatives driving demand for innovative spaces. The median age here is around 32, with a growing population of college-educated residents. As the neighborhood continues to evolve, 68 McDowell St stands poised to benefit from this upward trajectory. Franklinton's seeing an influx of young professionals and creatives. It's a neighborhood on the up-and-up.

With Franklinton's ongoing development, property values here have been on a steady climb. This could be a solid long-term play.

Investment Potential:

• Owner-user or investment opportunity

• Flexible space adaptable to various business needs

• High visibility in a rapidly growing area

• Potential for significant foot traffic

The property is not just a building; it’s part of a thriving business community and cultural hub. It’s more than just a location; it’s a statement about your business’s commitment to community, creativity, and innovation

With an asking price of $875,000 for sale, the Prieto Building represents a compelling opportunity for investors looking to capitalize on Columbus' urban revitalization. Its unique blend of historical significance, modern amenities, and prime location within a conscious community development makes it a standout option in the commercial real estate market.