Development Opportunity on E. 5th Avenue

For Sale

1551 E 5th Ave, Columbus, OH 43219

This Columbus property for sale is located at 1551 E 5th Ave. The general use of Development Opportunity on E. 5th Avenue is vacantland and it incorporates 41,715 square feet of class C vacantland space. The current listed sale price for Development Opportunity on E. 5th Avenue is $175,000. Development Opportunity on E. 5th Avenue is situated on a lot that is 0.8 acre in size.

Contacts

broker
Simon Kroos

NAI Ohio Equities

Property Details

  • Property Type VacantLand
  • Property Size 41,715 SF
  • Lot Size 0.8 Acre
  • Building Class C
  • Year Built 1955
  • Date Updated Aug 8, 2025
Located on East 5th Avenue at the corner of Bassett Avenue, between Joyce and Taylor Avenues. This location is central to Columbus with convenient nearby access to I-71, I-670, the airport, and Downtown Columbus all within minutes.Located at the corner of East 5th Avenue and Bassett Avenue, this ±0.80-acre site includes eight contiguous parcels and offers a strong opportunity for redevelopment in a centrally located, high-traffic corridor of Columbus. Zoned Manufacturing (M) and Residential (R3), the property provides flexibility for a variety of end uses. The site benefits from all public utilities, is located along a COTA bus line, and offers convenient access to I-670, I-71, Downtown Columbus, and John Glenn International Airport. Situated within a federally designated Opportunity Zone, this site also offers potential tax advantages for qualified investors and developers.
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Highlights

  • ±0.80-Acre Development Site
  • All Utilities Available to Site
  • Centrally Located in Columbus | Minutes from I-670, I-71, Downtown Columbus & the Airport
  • Corner of E 5th Avenue & Bassett Avenue
  • High-Traffic Commercial Corridor: 12,645 Vehicles Traveling by Daily on E 5th Avenue
  • Located in an Opportunity Zone
  • Located on a COTA Bus Line
  • Zoned Manufacturing (M) and Residential (R3) | 8 Contiguous Parcels

Getting around

  • 38/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 48/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Columbus, OH
  • Neighborhood Amercrest
  • Zip Code 43219
  • Market Columbus

Points of Interest

  • Mobil

    0.30 miles

  • Sunoco

    1.03 miles

  • BP

    1.16 miles

  • Exxon

    1.26 miles

  • Turkey Hill

    1.28 miles

  • Speedway

    2.06 miles

  • Marathon

    2.13 miles

  • Tesla Supercharger

    2.13 miles

  • Campus Parking

    1.21 miles

  • Hayden Park

    1.22 miles

  • Faculty and Staff Parking

    1.31 miles

  • Residence Hall Parking

    1.39 miles

  • 4-S

    1.57 miles

  • 5-S

    1.61 miles

  • 7-E

    1.63 miles

  • 8-S

    1.65 miles

  • Purple Parking Lot

    1.67 miles

  • 31-S

    1.68 miles

  • Comfort Suites

    1.56 miles

  • Days Inn by Wyndham Columbus Fairgrounds

    1.59 miles

  • Embassy Suites by Hilton Columbus - Airport

    1.83 miles

  • Homewood Suites by Hilton Columbus Airport

    1.84 miles

  • Columbus Airport Marriott

    1.88 miles

  • Staybridge Suites Columbus Airport

    1.91 miles

  • Courtyard

    1.92 miles

  • Country Inn & Suites

    1.97 miles

  • Comfort Suites Columbus Airport

    2.04 miles

  • Best Western Port Columbus

    2.14 miles

  • Sammy's 14-0 Market

    1.67 miles

  • Save-A-Lot

    2.00 miles

  • The Hills Market Downtown

    2.05 miles

  • Kroger

    2.08 miles

  • Soussy Market

    2.26 miles

  • Market District Express

    2.27 miles

  • Sav-U-Mor Food Store

    2.58 miles

  • ALDI

    2.59 miles

  • Target

    2.64 miles

  • Lucky's Market

    2.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Simon Kroos

NAI Ohio Equities

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