50 E Lincoln Street, Columbus, OH 43215 (MLS# 223034534)

50 E Lincoln Street, Columbus, OH 43215

$1,200,000

Property Type: Business Opportunity Square Footage: 4,502 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $1,200,000 List Date: 10/29/2024 Last Modified: 3/03/2025

Overview

Description

Historic Bed and Breakfast located in Prime Short North/Italian Village Location. 4,500 sq. ft. 8 bed 8.5 bath features 7 unique guest suites with private full baths and a separate owner suite. For guests it offers a large dining room, updated kitchen, parlor, business center, nicely landscaped back patio, screened in porch and 10 spot parking lot. Sale includes real estate and business. The building has lots of charm with modern updates and meets all state licensing hotel requirements. High occupancy rate and growing yearly profits. Business software makes it easy to book along multiple sites and it has lots of 5 star reviews and repeat customers. Sought after location close to all Downtown Columbus has to offer. Great opportunity to step into a successful venture.

Listing Details MLS# 223034534

Location Property Info

Original List Price: 1275000
Property Sub Type: Other
Street #: 50
Street PreDirection: E
Street Name: Lincoln
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43215
Subdiv/Cmplx/Comm: Short North Italian Village
Township: None

OfficeContract Info

MLS Entry Date: 2023-10-19

General Property Info

Business Description: Hotel Bed Breakfast
Total Sq Ft: 4502
Bldg Sq Ft: 4502
Acreage: 0.19

Tax Info

Parcel #: 010-038156
Zoning: Commercial
Tax Year: 2022
Taxes (Yrly): 14261

Status Change Info

Under Contract Date: 2024-09-06
Sold Date: 2024-11-14

Bus Financial Info

From: 2017-04-05
Through: 2023-10-18
Gross Sales: 0
Net Before Taxes: 0

More Information

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Location of business is:: Owned

Office/Contract Info

For Sale: Yes

Remarks & Misc

Property Description: Historic Bed and Breakfast located in Prime Short North/Italian Village Location. 4,500 sq. ft. 8 bed 8.5 bath features 7 unique guest suites with private full baths and a separate owner suite. For guests it offers a large dining room, updated kitchen, parlor, business center, nicely landscaped back patio, screened in porch and 10 spot parking lot. Sale includes real estate and business. The building has lots of charm with modern updates and meets all state licensing hotel requirements. High occupancy rate and growing yearly profits. Business software makes it easy to book along multiple sites and it has lots of 5 star reviews and repeat customers. Sought after location close to all Downtown Columbus has to offer. Great opportunity to step into a successful venture.

Income/Expenses

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

Addl Acceptance Cond

None Known: Yes

Sales Includes

Equipment: Yes
Inventory: Yes
Real Estate: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Sales Includes: Equipment; Inventory; Real Estate MLS Primary PhotoSrc: Realtor Provided

Listing Office: Berkshire Hathaway HS Pro Rlty

Listing Agent: Andrew J Mechenbier

Last Updated: March - 03 - 2025

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