1390 E Main Street
Strategic Mixed-Use Redevelopment | The Gateway to Olde Towne East
Marketing description
Rare opportunity to acquire a value-add property in one of Columbus' fastest-growing and most desirable urban neighborhoods. Ideally located in the heart of Olde Towne East, this property is just blocks from the transformative Trolley District and East Market redevelopment and the future Evan Apartments project along East Main Street, placing it in the center of significant neighborhood investment and revitalization.
Surrounded by beautifully restored historic homes with values ranging from $400,000 to $800,000+, this property offers outstanding potential for investors, developers, or owner-users seeking to capitalize on the area's continued growth.
Previously configured with two street-level retail storefronts and two second-floor apartments, the building offers numerous redevelopment and adaptive reuse possibilities, including mixed-use, office, retail, residential, live/work, or other permitted commercial uses.
Additional features include ample off-street parking located behind the building, providing a valuable amenity in this highly walkable urban neighborhood.
Whether you're looking to renovate, reposition, or redevelop, this is an outstanding opportunity to invest in one of Columbus' most dynamic and rapidly appreciating districts.
Investment highlights
Flexible Footprint: Previously configured for two independent retail storefronts and three spacious apartments above—perfect for diversifying income streams.
Parking Premium: Unlike many OTE properties, this site features ample parking in the rear, a critical asset for securing high-quality commercial tenants
Located in an oppurtunity zone the property benefits from tens of millions of dollars in neighboring private and public investment:
- The East Market (Trolley Barn): Just blocks away, this 60,000+ sq. ft. food hall and entertainment hub
- The Ethan Apartments: Located in the 1100 block of E. Main, this major residential development
- Proven Exit Values: With neighboring residential renovations consistently commanding $400k to $800k, the neighborhood’s "ceiling" continues to rise, ensuring strong appraisal support for a mixed-use conversion.
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