50 E Lincoln Street, Columbus, OH 43215 (MLS# 223035403)

50 E Lincoln Street, Columbus, OH 43215

$1,200,000

Property Type: Commercial 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 in the heart of the Short North/Italian Village. This 4,500 sq. ft brick building is equipped with 8 beds and 8.5 baths and provides a blend of old world charm and modern updates. In operation since 1986 it offers guests unique rooms each with a private full bath, large dining room, updated kitchen, parlor, business center, nicely landscaped back patio, screened in porch and 10 spot parking lot. Private suite for owner or manager with separate entrance. Managing the business is easy with integrated software for accounting and booking. Guests are able to book along multiple sites with lots of 5 star reviews and repeat customers. This profitable business has high occupancy rates and growing yearly profits. Sale includes the real estate and the business.

Listing Details MLS# 223035403

Location Property Info

Original List Price: 1275000
Property Sub Type: Hotel/Motel
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: 2023-10-26

General Property Info

Previous Use: Bed and Breakfast
Total SqFt Available: 4502
Bldg Sq Ft: 4502
Max Cont Sqft Avail: 4502
Minimum Sqft Avail: 4502
# of Floors Above Gr: 2
Total Parking: 10
Year Built: 1917
Acreage: 0.19
# of Docks: 0

Tax Info

Parcel #: 010-038156
Zoning: Commerical
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 14261

Status Change Info

Under Contract Date: 2024-09-06
Sold Date: 2024-11-14
Sold Price/SqFt: 266.55

Auction Info

Auction/Online Bidding Y/N: No

More Information

Location & Property Info

List Price/SqFt: 272.1
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus

Office/Contract Info

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

Remarks & Misc

Property Description: Historic Bed and Breakfast in the heart of the Short North/Italian Village. This 4,500 sq. ft brick building is equipped with 8 beds and 8.5 baths and provides a blend of old world charm and modern updates. In operation since 1986 it offers guests unique rooms each with a private full bath, large dining room, updated kitchen, parlor, business center, nicely landscaped back patio, screened in porch and 10 spot parking lot. Private suite for owner or manager with separate entrance. Managing the business is easy with integrated software for accounting and booking. Guests are able to book along multiple sites with lots of 5 star reviews and repeat customers. This profitable business has high occupancy rates and growing yearly profits. Sale includes the real estate and the business.

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

Heat Fuel

Gas: Yes

Sewer

Public Sewer: Yes

Services Available

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

Heat Type

Forced Air: Yes

Electric

Single Phase: Yes

New Financing

Conventional: Yes

Business Type

Hotel/Motel: Yes
Multi-Family: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Gas Heat Type: Forced Air Electric: Single Phase Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Business Type: Hotel/Motel; Multi-Family New Financing: Conventional 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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