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32225729
32225730

5240 East Main Street, Columbus, OH 43213

DP
OH SAL.2012000748
Marcus & Millichap | The Patel Yozwiak Group
DY
OH SAL.2008003600
Marcus & Millichap | The Patel Yozwiak Group
Listed by Marcus & Millichap | The Patel Yozwiak Group
$1,800,000
35 days on market
Updated 35 days ago

5240 East Main Street

Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 7,500
Tenancy Vacant
Year Renovated 1992
Acreage 1.820
Zoning Commercial
Ground Lease No

High Traffic Corridor on Hard Corner Just Off of I-270 Outerbelt

Investment highlights

SINGLE TENANT RETAIL PROPERTY: 7,500-SF former restaurant and bakery on a large 1.82 acre lot. Zoned for a variety of commercial and retail redevelopments.

• LARGE PARKING LOT: Fully lit parking area with 150 surface parking spaces, lighted pylon sign and port a cochere.

• HARD, SIGNALIZED CORNER LOCATION: Located along busy East Main street with two points of ingress and egress for easy access from all traffic directions.

• STRONG TRAFFIC LOCATION: Located just off of Interstate 270/Columbus Outerbelt, seeing over 115,000 Vehicles per day (VPD). E Main Street sees over 19,000 VPD. The intersection provides easy crosswalk access and city bus stops adjacent to the property.

• DENSE RETAIL AND RESIDENTIAL CORRIDOR: E Main Street is a major transit link connecting the Reynoldsburg suburb through Whitehall and Bexley into downtown Columbus, just 5 miles from the property.

• PROXIMITY TO MAJOR TRAFFIC DRIVERS: The property is 8 miles from Columbus John Glenn International Airport which sees over 9 million annual passengers and 15 miles from Ohio State University with 60,000+ students.

• STRONG AND GROWING DEMOGRAPHICS: The population exceeds 247,800 within 5-miles of the property and is projected to increase by 2030.

• CORPORATE & GOVERNMENT PRESENCE: Columbus is the state capital and a national transportation hub, home to five Fortune 500 companies. The region has also emerged as a major data center hub for tech giants including Meta, Google and Amazon.

• GROWING MARKET: The Columbus metro is the most populated in Ohio, with a projected population growth of 2.6%and household growth of 3% through 2029.

Listing Contacts

DP
OH SAL.2012000748
Marcus & Millichap | The Patel Yozwiak Group
DY
OH SAL.2008003600
Marcus & Millichap | The Patel Yozwiak Group
Listed by Marcus & Millichap | The Patel Yozwiak Group

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Additional Information

Name
Michael Glass
License
Lic. # BRK.2007005898
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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