40-50 E Long Street, Columbus, OH 43215

New Listing
$3,500,000
Property Type: Commercial Square Footage: 24,613 Lot Size (sq. ft.): 16,988 Status: Coming Soon
Current Price: $3,500,000 List Date: 3/11/2026 Last Modified: 3/12/2026

Description

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.

Supplements: ********

More Information MLS# 226007241

Location & Property Info

List Price/SqFt: 142.2 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

Active on MLS: 2026-03-13 For Sale: Yes Exchange: No For Lease: No Lease Rate $/Sq Ft: 0

General Property Info

Total SqFt Available: 24613 Bldg Sq Ft: 24613 Max Cont Sqft Avail: 24613 Minimum Sqft Avail: 0 # of Docks: 0 Use Code: 405 – OFFICE OVER RETAIL Number of Units: 3 # of Floors Above Gr: 2 Year Built: 1900 Acreage: 0.39

Tax Info

Tax Abatement: No Taxes (Yrly): 60985 Parcel #: 010-049034-00 Tax Year: 2024

Remarks & Misc

Property Description: 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.

Income/Expenses

Gross Income: 133200 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

Expenses Paid by L

Building Insurance: 1 RE Taxes: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

T Contracts Directly

All Utilities: 1

Suite Info 1

Suite #: 40 E Long SQ FT: 10500

Suite Info 2

Suite #: 46 E Long SQ FT: 4564

Suite Info 3

Suite #: 50 E Long SQ FT: 9549

Construction

Block: 1

Heat Fuel

Gas: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Electric

3 Phase: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 3500000 List Price: $3,500,000 Property Sub Type: Retail Street #: 40-50 Street PreDirection: E Street Name: Long Street Suffix: Street County: Franklin State: OH Zip Code: 43215 Township: None

OfficeContract Info

Status: Coming Soon MLS Entry Date: 2026-03-11

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: Building Insurance; RE Taxes T Contracts Directly: All Utilities Heat Fuel: Gas Electric: 3 Phase Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Douglas & Key Commercial Real Estate Solutions
Listing Agent: Stephan R Douglas
Last Updated: March – 12 – 2026
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