For Sale $9,500,000
Property Type Office - Creative Office
Property Size 50,609 SF
Lot Size 1.64 Acre
Property Tenancy Multi-Tenant
Building Class A
Year Built 1923
Year Renovated 2016
Date Updated Mar 29, 2024

Adjacent to the Multi-Phase $250M Gravity Project that includes 230,000 SF of Office, 114,000 SF of Retail, and 929 Residential Units. Franklinton, nestled along the western banks of Scioto River in West Columbus, Ohio, is an energetic and expansive neighborhood that extends beyond the typical urban description. It serves as the encompassing term locals use for the city’s western sector. Positioned immediately west of downtown Columbus, Franklinton is distinguished by its evident growth trajectory. Holding the distinction of being the largest section in Columbus, Ohio, this locale presents a diverse array of residential, commercial, and recreational spaces. Conveniently situated adjacent to the Arena District and Downtown, and merely 7.7 miles from the John Glenn Columbus International Airport (CMH), Franklinton enjoys easy accessibility, framed by major interstates I-670, I-70, and 315.Offering a rare opportunity for investors / developers or owner users in rapidly growing Franklinton submarket. Adjacent to the Multi-Phase $250M Gravity Project, 421-435 W. State Street is a 50,609 SF creative, mixed use building available for purchase. The expansive creative space includes a mezzanine level and basement, with the potential to activate the rooftop area (see conceptual drawings in marketing package). The property has a versatile and unique layout with high ceilings and a modern, open floor plan that is move-in ready with unlimited possibilities. It's prime location offers close proximity to public parking, public transportation, downtown Columbus, and the Scioto Peninsula. The sale includes the "MANIFEST" building and the 0.51 acre lot on the corner or State Street and McDowell Street.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Adjacent to the Multi-Phase $250M Gravity Project that includes 230,000 SF of Office, 114,000 SF of Retail, and 929 Residential Units
Close Proximity to 2,000 Public Parking Spaces in Multiple Garages
Expansive Creative Space Spanning over 50,000 SF plus a Mezzanine Level and Basement
Versatile and Unique Layout
Move-In Ready with Unlimited Possibilities
Potential to Activate the Rooftop (See Conceptual Drawings)
High Ceilings and Modern, Open Floor Plan
Proximity to Public Transportation
Conveniently Located Close to Downtown and Scioto Peninsula
Rapidly Growing Franklinton Submarket
Includes “MANIFEST” Building and 0.51 Acre Lot on Corner of State Street and McDowell Street

Contacts

Peter Merkle

NAI Ohio Equities

(614) 629-5240

Location

Getting Around

Walk Score ®
57/100 Somewhat Walkable
Transit Score ®
57/100 Good Transit
Bike Score ®
77/100 Very Bikeable

Map
Street

City Columbus, OH
Neighborhood Franklinton
Zip Code 43215
Market Columbus

Points of Interest

Marathon

0.62 miles
Shell

0.95 miles
Sunoco

1.11 miles
BP

1.13 miles
Tesla Supercharger

1.25 miles
BP

1.52 miles
Sunoco

1.56 miles
Speedway

1.62 miles
South Ohio Oil

1.65 miles
Speedway

1.73 miles

Peninsula Garage

0.23 miles
Gravity Apartments parking garage

0.24 miles
Two Miranova Place Parking Garage

0.44 miles
Huntington Center & Double Tree Suites Parking

0.56 miles
Vern Riffe Center Parking Garage

0.56 miles
Courthouse Parking

0.57 miles
RiverSouth Garage

0.59 miles
Franklin County Parking Garage

0.64 miles
Courthouse Public Parking

0.64 miles
Express Live Parking Lots

0.67 miles

DoubleTree Suites by Hilton Hotel Columbus Downtown

0.56 miles
Hotel LeVeque, Autograph Collection

0.60 miles
Courtyard Columbus Downtown

0.70 miles
The Westin Great Southern Columbus

0.70 miles
Residence Inn Columbus Downtown

0.75 miles
Sheraton Columbus Hotel at Capitol Square

0.75 miles
Renaissance Columbus Downtown Hotel

0.83 miles
Holiday Inn

0.91 miles
Sonesta Columbus Downtown

0.93 miles
The Lofts Hotel

0.94 miles

Spaghetti Warehouse

0.11 miles
M at Miranova

0.41 miles
Milestone 229

0.45 miles
Sí Señor

0.48 miles
Confluence Park Restaurant

0.54 miles
The Boat House at Confluence Park

0.55 miles
Jimmy John's

0.56 miles
Danny's Deli

0.56 miles
Ho Toy

0.60 miles
Subway

0.62 miles

Batters Box Academy

0.17 miles
Franklinton Alternative Elementary School

0.31 miles
Avondale Elementary School

0.75 miles
Holy Cross School

0.99 miles
Columbus Downtown High School

1.00 miles
Saint Josephs Academy

1.09 miles
Sullivant Elementary School

1.09 miles
Franklin University

1.15 miles
Saint Mary School

1.16 miles
Chicago School

1.19 miles

Heavenly Kids Center for Early Learning

1.25 miles
Star Kidz Learning Center

1.87 miles
Teachable Moments @ Little Gems

1.92 miles
The Goddard School

1.96 miles
Nationwide Children's Hospital Child Care Center

1.96 miles
Bright Minds Daycare

4.17 miles
St. Catharine Preschool

4.68 miles
Explore & Discover Academy

5.21 miles
Kids Kingdom Childcare and Learning Center

5.30 miles
Lima Academy Learning Center

5.30 miles

Frequently Asked Questions

What is the lease rate for 421-435 W. State Street?

Rental asking rate at 421-435 W. State Street is $4,750,000.00/YR.

What is the total square footage of 421-435 W. State Street?

421-435 W. State Street totals 50,609 square feet.

When was this property built?

421-435 W. State Street was built in 1923.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.