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4308 E Main Street

Columbus, OH 43213

$414,900

2 Units | 2760 Square Feet

VALUE-ADD MIXED-USE INVESTMENT | 7 UNITS + COMMERCIAL FRONTAGE. Opportunity awaits at 4308 E Main Street, offering immediate income and long-term redevelopment potential in a high-visibility corridor. The property features a ready to build front office/commercial space paired with seven recently renovated private studio units (1 bed / 1 bath each) located in the rear of the building. Originally constructed as a motel, the property has been operating as rental units and generates approximately $625 per month per unit, creating a stable income stream for investors. The office space was previously rented for $2,000 a month and includes highly visible road signage. Beyond its current use, the flexible layout opens the door for numerous value-add opportunities. The building could continue operating as rental units or be repositioned for a variety of commercial uses, such as a beauty or wellness salon, professional office suites, small business incubator, motel, or service-based business hub. Located along East Main Street, the property benefits from strong daily traffic counts and convenient access to downtown Columbus, Bexley, Whitehall and major highways, making it attractive for both tenants and business owners. Whether you're an investor seeking cash flow or an entrepreneur looking for a flexible commercial space with built-in income potential, this property presents a rare opportunity to capitalize on a unique layout and prime location. Schedule a tour and own your piece of Columbus today!

THE DETAILS


  • Multi family

  • 2 story

  • 2760 square feet

  • 2 units

148 Pinckney

  • 3 bedrooms

  • 1 full bath

  • Original hardwood floors in living areas and bedrooms

  • Living room

  • Dining room'

  • Kitchen

  • Currently leased for $550/ month

146 Pinckney

  • 2 bedrooms

  • 1.5 baths

  • Original hardwood floors in living areas and bedrooms

  • Living room

  • Dining room

  • Kitchen

  • Currently leased for $550/ month

LOWER LEVEL

  • Washer & dryer hook-ups

  • Utility/ storage

OUTSIDE

  • Front porch

  • Yard

  • Storage shed

OTHER

  • Newer siding

  • Newer roof

  • Newer windows

  • Tenant pays:

    • Electric

    • Gas

    • Water/ sewer

    • Trash collection

  • On street parking

  • Stucco, brick, vinyl exterior

  • Forced air gas heat

  • 36 × 166 lot size

  • .14 acres

  • Built in 1925

  • Neighborhood: Circleville

  • Pickaway county

  • Circleville CSD Schools

  • 2025 Taxes: $2,040/ year

  • MLS# 226011272

THE PHOTOS


THE LOCATION


 

LISTING CONTACT


The Robbins Group of Coldwell Banker Realty

614.440.5800 | zack.linder@cbrealty.com