1010 E Main St

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1010 E Main St

Columbus, OH 43205
Asking Price
$395K
Asset Type
Retail
Class
Class B

What's Special

1010 E Main St is located in the Olde Towne East neighborhood of Columbus, Ohio. This historic district is characterized by a mix of restored residential properties and emerging commercial storefronts. The property sits on a primary east-west corridor, providing direct access to the downtown core and the I-71 interchange. Nearby amenities include localized cafes, public parks, and neighborhood service providers. The area is served by COTA bus lines, ensuring consistent transit access for commuters and local residents. The building is suited for boutique retail, specialty grocery, or service-oriented businesses. Its location along a high-traffic street makes it appropriate for tenants seeking visibility within a dense urban residential pocket. Typical tenants for this asset class include independent retailers, fitness studios, or professional service offices that cater to the neighborhood's growing demographic. The layout supports flexible floor plans adaptable to various mercantile requirements.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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