Refine Search
Sort by
$500,000
225034124 MLS
Development Opportunity - 1227 Cleveland Avenue, Columbus, OH 43201 Located just north of the rapidly redeveloping Milo-Grogan area at 5th and Cleveland Avenue, this property offers excellent accessibility and strong redevelopment potential. Convenient connections to US Highway 23, Highway 3, and Interstate 71 (via 5th or 11th Avenue) make this a prime location. The parcel currently consists of three brick single-family homes, all vacant and in need of substantial renovation. In 2025, the City of Columbus rezoned this area to UTC (Urban Center Mixed-Use), opening the door for transformative redevelopment. This zoning designation supports walkable, mixed-use projects with attached and detached structures of varying heights, including medium high-rise buildings. Minimal setbacks and parking requirements enable high-density development opportunities—ideal for retail, commercial, or multifamily concepts. See Zoning documents in the document section ( MLS ) or Due Diligence section ( CREXI) Additional highlights: Situated on the COTA bus line with direct access to downtown, Italian Village, Milo-Grogan, and South Linden. Boarded and secured structures; Drive-by recommended before scheduling. Financing terms: Conventional financing required. The lender may require $200,000 down payment. This property presents a rare opportunity to capitalize on the momentum of ongoing redevelopment in one of Columbus's most strategically located urban corridors.

1227 Cleveland Avenue, Columbus

Listing Courtesy of : Joseph C Jackson ---- Keller Williams Capital Ptnrs

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Simply Better Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.