About 132 E 5th Avenue
Prime Mixed-Use Investment Opportunity! An exceptional addition to your investment portfolio, this unique parcel offers both commercial and residential income streams. The property features a retail/commercial space with second and third floor unfinished square footage and prominent frontage along bustling 5th Avenue — perfect for future development or expanded business use. On Summit Street, you'll find three fully rented brick townhomes, currently leased at $1,320, $1,295, and $1,295 per month, plus utilities. Solid brick construction ensures lasting durability and timeless appeal, while the steady rental income provides immediate cash flow. Whether you're looking to expand your holdings or diversify into a high-demand mixed-use location, this property offers endless potential for both present returns and future growth.
Features of 132 E 5th Avenue
| MLS® # | 225030779 |
|---|---|
| Price | $1,250,000 |
| Acres | 0.15 |
| Year Built | 1919 |
| Type | Commercial Lease |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 132 E 5th Avenue |
|---|---|
| Area | None |
| City | Columbus |
| County | Franklin |
| State | OH |
| Zip Code | 43201 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Listing Details
| Office | Richard Russo of Rich Russo Realty & Co. |
|---|