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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