40-50 E Long Street Columbus, OH $ 3,500,000
40-50 E Long Street
$ 3,500,000
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40-50 E Long Street

Columbus, OH, 43215
$ 3,500,000
Bedrooms-- Baths-- Sq 24,613

Monthly Estimate*

$ 21,550

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Commercial Property for sale in Columbus, OH

for $3,500,000. This 24,613 square foot building was built in 1900 on a lot size of 0.39.

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.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 60,985

Style

Lot Size

0.39

Year Built

1900

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226007241

Features
General
Sewer Public Sewer
Utilities Water Available Storm Sewer Sewer Available Natural Gas Available Electricity Available
Year Built 1900
Electric 3 Phase
Tenant Pays All Utilities
Stories Count 2
Township None
Property Subtype Retail
Tax Year 2024
Gross Income 133200.0
County Franklin
Net Operating Income 0.0
Operating Expense 0.0
Property Type Commercial Sale
Status Active
City Columbus
Number Of Units Total 3
Lot Size Square Feet 16988.4
Land Lease Y/N N
Tax Annual Amount 60985.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://pixies.et/j3TNyhW8
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Lot Size Area 0.39
Spa N
Building Area Total 24613.0
Lot Size Acres 0.39
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 4050
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* Excluded Features
List By
Stephan R Douglas

Listing Agent

Douglas & Key Commercial Real Estate Solutions

Broker

srdrealtor@aol.com

Email

Affordability Calculator

$26,632
Per Month
81%
19%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
$5,082
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$3,500,000 Listed Price

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40-50 E Long Street, Columbus, OH, 43215 is a Commercial Property for sale at $3,500,000 with 24,613 sqft and a lot size of 0.39. 40-50 E Long Street was built in 1900. The property's zip code is 43215 which is in Columbus, OH