345 E 5th Avenue, Columbus, OH 43201 (MLS# 223023488)

345 E 5th Avenue, Columbus, OH 43201

$9,500,000

Property Type: Office Square Footage: 70,455 Lot Size (sq. ft.): 120,661 Status: Closed

Current Price: $9,500,000 List Date: 7/25/2023 Last Modified: 3/02/2025

Overview

Description

REDEVELOPMENT OPPORTUNITY- ITALIAN VILLAGE DISTRICT Sale includes the Largest C-447 Office Building Available in area. COMMERCIAL BUILDING # 1 65,172 SF AND BUILDING #2 5,283 + SF WAREHOUSE /STORAGE on 2.77 ACRE SITE. This a great opportunity for Redevelopment in one the fastest growing areas in the City of Columbus. Located in Italian Village District as part of the Short North area surrounded by major construction of apartments building on each side. This area has the highest home value appreciation in Columbus. With neighbors Downtown District and Central Business District which provides access to major employers, culture and learning institutions and entertainment venues. Within 1.5 miles from The Ohio State University and Approx. 8 miles from John Glenn Airport.

Listing Details MLS# 223023488

Location Property Info

Original List Price: 9800000
Property Sub Type: Office
Street #: 345
Street PreDirection: E
Street Name: 5th
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
Township: None

OfficeContract Info

MLS Entry Date: 2023-07-25

General Property Info

Total Available Sqft: 70455
Building Sqft: 70455
Max Cont Sqft Avail: 70455
Minimum Sqft Avail: 70455
# of Floors Above Gr: 2
# of Elevators: Yes
# of Docks: 2
Total Parking: 200
Use Code: 447 - OFFICE BLDG 1 AND 2 STORY
Year Built: 1963
Basement: No
Acreage: 2.77

Tax Info

Parcel #: 010-112355
Zoning: C-447 Office
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 94229

Status Change Info

Under Contract Date: 2024-08-30
Sold Date: 2024-09-30
Sold Price/SqFt: 134.84

Auction Info

Auction/Online BiddingY/N: No

More Information

Sale Info

Seller Assisted Fin: N
Seller/Buyer Concessions: N

Location & Property Info

List Price/SqFt: 139.1
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes
Exchange: Yes
For Lease: No
Lease Rate $/Sq Ft: 0

Remarks & Misc

Property Description: REDEVELOPMENT OPPORTUNITY- ITALIAN VILLAGE DISTRICT Sale includes the Largest C-447 Office Building Available in area. COMMERCIAL BUILDING # 1 65,172 SF AND BUILDING #2 5,283 + SF WAREHOUSE /STORAGE on 2.77 ACRE SITE. This a great opportunity for Redevelopment in one the fastest growing areas in the City of Columbus. Located in Italian Village District as part of the Short North area surrounded by major construction of apartments building on each side. This area has the highest home value appreciation in Columbus. With neighbors Downtown District and Central Business District which provides access to major employers, culture and learning institutions and entertainment venues. Within 1.5 miles from The Ohio State University and Approx. 8 miles from John Glenn Airport.

Income/Expenses

Gross Income: 0
Net Operating Income: 0
Total Expenses: 0

Addl Acceptance Cond

None Known: Yes

T Reimburses L

Curr Yr Est $/SF TRL: 0

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided

Documents

Marketing Flyer ›

Listing Office: Douglas & Associates Realty

Listing Agent: Stephan R Douglas

Last Updated: March - 02 - 2025

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.