40-50 E Long Street, Columbus, OH 43215 (MLS# 226007241)

40-50 E Long Street, Columbus, OH 43215

$3,500,000

Virtual Tour

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Property Type: Commercial Square Footage: 24,613 Lot Size (sq. ft.): 16,988 Status: Active

Current Price: $3,500,000 List Date: 3/13/2026 Last Modified: 3/13/2026

Overview

Description

Prime Downtown Columbus redevelopment opportunity located at 40-50 E Long Street, Columbus, Ohio, offering approximately 24,613 square feet of commercial retail and office space in the heart of one of the Midwest's fastest-growing urban markets. Strategically positioned along the East Long Street corridor, this property sits within walking distance of major civic, corporate, and entertainment anchors including the Ohio Statehouse, Columbus Commons, the Discovery District, and multiple emerging residential developments. The building is partially leased with existing rental income , vacant space at 50 E Long Street provides immediate opportunity for lease-up, repositioning, or redevelopment. The property's C-DD (Downtown Special Improvement District) Zoning allows for a wide range of uses including mixed-use development, retail activation, office conversion, restaurant or entertainment concepts, or urban residential redevelopment. Downtown Columbus continues to experience significant gro ... (Read more)

Listing Details MLS# 226007241

Location Property Info

Original List Price: 3500000
Property Sub Type: Retail
Street #: 40-50
Street PreDirection: E
Street Name: Long
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43215
Township: None

OfficeContract Info

MLS Entry Date: 2026-03-11

General Property Info

Total SqFt Available: 24613
Bldg Sq Ft: 24613
Max Cont Sqft Avail: 24613
Number of Units: 3
# of Floors Above Gr: 2
Year Built: 1900
Use Code: 405 - OFFICE OVER RETAIL
Acreage: 0.39
Minimum Sqft Avail: 0
# of Docks: 0

Tax Info

Parcel #: 010-049034-00
Tax Year: 2024
Tax Abatement: No
Taxes (Yrly): 60985

Suite Info 1

Suite #: 40 E Long
SQ FT: 10500

Suite Info 2

Suite #: 46 E Long
SQ FT: 4564

More Information

Suite Info 3

Suite #: 50 E Long
SQ FT: 9549

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

List Price/SqFt: 142.2
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus

Office/Contract Info

Active on MLS: 2026-03-13
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 0

Remarks & Misc

Property Description: Prime Downtown Columbus redevelopment opportunity located at 40-50 E Long Street, Columbus, Ohio, offering approximately 24,613 square feet of commercial retail and office space in the heart of one of the Midwest's fastest-growing urban markets. Strategically positioned along the East Long Street corridor, this property sits within walking distance of major civic, corporate, and entertainment anchors including the Ohio Statehouse, Columbus Commons, the Discovery District, and multiple emerging residential developments. The building is partially leased with existing rental income , vacant space at 50 E Long Street provides immediate opportunity for lease-up, repositioning, or redevelopment. The property's C-DD (Downtown Special Improvement District) Zoning allows for a wide range of uses including mixed-use development, retail activation, office conversion, restaurant or entertainment concepts, or urban residential redevelopment. Downtown Columbus continues to experience significant growth fueled by population expansion, new housing initiatives, and billions of dollars in public and private investment. The City of Columbus and Franklin County have prioritized increased downtown housing density and mixed-use urban development, creating strong demand for well-located redevelopment sites such as this. With strong street presence, flexible layout potential, and a location within the rapidly revitalizing downtown corridor, 40-50 E Long Street presents a compelling investment opportunity for developers, investors, and owner-users seeking to participate in the continued transformation of Downtown Columbus. This property offers both current income and significant long-term value-add potential in one of Ohio's most dynamic urban real estate markets.

Income/Expenses

Gross Income: 133200
Net Operating Income: 0
Total Expenses: 0

Addl Acceptance Cond

None Known: Yes

Expenses Paid by L

Building Insurance: Yes
RE Taxes: Yes

T Reimburses L

Curr Yr Est $/SF TRL: 0

T Contracts Directly

All Utilities: Yes

Construction

Block: Yes

Heat Fuel

Gas: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Services Available

Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Storm Sewer: Yes
Water Available: Yes

Electric

3 Phase: Yes

New Financing

Conventional: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: Building Insurance; RE Taxes T Contracts Directly: All Utilities Heat Fuel: Gas Electric: 3 Phase Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Listing Office: Douglas & Key Commercial Real Estate Solutions

Listing Agent: Stephan R Douglas

Last Updated: March - 13 - 2026

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