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1280 Indianola Avenue
1280 Indianola Avenue
1280 Indianola Avenue
1280 Indianola Avenue
1280 Indianola Avenue
1280 Indianola Avenue
1280 Indianola Avenue
1280 Indianola Avenue
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Courtesy of Oliver Chapman - Keller Williams Consultants
$400,000

1280 Indianola Avenue

10,018.8 Sq.Ft.

Description

Prime Development Opportunity in the Heart of Columbus! Well-located infill development site near the University District in Weinland Park, just minutes from Ohio State, Short North, and Downtown Columbus. Positioned within a designated Opportunity Zone, the property offers potential tax advantages for qualified investors along with strong rental demand in the surrounding area. Also can quality for a 15 year tax abatement for further development incentives.

The site consists of approximately 0.23 acres (70' x 144') with alley access, providing flexibility for multifamily redevelopment. The existing structure is a candidate for demolition, allowing for a clean slate development approach.

Preliminary zoning and planning analysis indicates a clear path for a multifamily project in the 5-7 unit range through the variance process. Conceptual planning also suggests the potential for additional density with a more comprehensive design, parking strategy, and entitlement approach.

Attached survey provided to further define the buildable envelope and optimize site layout.

Located in an established residential corridor with a mix of single-family and multifamily uses, the site benefits from proximity to major employment centers, public transit, and neighborhood amenities. Continued demand in this submarket supports well-positioned small to mid-scale multifamily development.

Lot lines shown in photos are approximate and for illustrative purposes only. Seller is a licensed real estate agent in the State of Ohio.

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Location

1280 Indianola Avenue, Columbus, OH 43201

Status

Coming Soon
Oliver  Chapman

Oliver Chapman

TITLE

REALTOR®

Property Amenities

Area & Lot
Lot Area 10,018.8 Sq.Ft.
MLS® ID 226016327
Year Built 1900
School District COLUMBUS CSD 2503 FRA CO.
Type Land
Status Coming Soon
Exterior
Sewer Public Sewer
Utilities Water Available, Sewer Available, Electricity Available, Storm Sewer, Gas
Finance
Sales Price $400,000
Real Estate Tax $544 yearly

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A Relationship-Driven Approach

Oliver Chapman is committed to building lasting relationships through honest communication, local expertise, and personalized service tailored to every client. From first-time buyers to experienced investors, clients receive dedicated support designed to simplify every step of the real estate process. Contact Oliver today to discuss all your real estate needs!