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498 W Town Street, Columbus, OH 43215

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For Sale

$199,000

0.06 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

Explore this Property

Welcome to 498 W Town Street - a rare opportunity to secure prime land in the heart of one of Columbus' fastest-growing neighborhoods. This mixed-use lot offers exceptional flexibility for your next residential, commercial, or multi-use development project. Whether you're an investor, builder, or owner-occupant with a vision, this location positions you right at the center of Franklinton's ongoing transformation. Zoned for residential, restaurant commercial, and retail use, the possibilities are wide open: think modern townhomes, a boutique retail concept, a live-work space, or a long-term hold in an area where property values continue to appreciate year after year. Utilities are easily accessible. The lot sits along a corridor that has seen tremendous investment, redevelopment, and momentum - including BrewDog and Land Grant within one block, and across the street you have all of the new bar/restaurant development including Sweeney's and the new $22mm Benjamin II mixed use project. Franklinton has become one of Columbus' most desirable urban communities - home to galleries, breweries, parks, restaurants, bike trails, and minutes from Downtown, the Scioto Mile, and major highways. This parcel places you right in the middle of that energy. If you're looking for a high-growth opportunity with outstanding upside, 498 W Town Street is the kind of land play that rarely hits the market. Bring your vision and make your mark in Franklinton. *Lot qualifies for 15 year tax abatement and is located in an opportunity zone. **For the convenience of the new owner, Seller has made plans available for single family home which has been approved for the lot.
MLS# 225044992

Courtesy Of The Brokerage House

(614) 500-7870

Property Features

  • Lot Size
    0.06 Acres

Map and Directions

Directions to 498 W Town Street, Columbus, OH 43215

Home seller CENTURY 21 Excellence Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Excellence Realty

(800) 783-2100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.