Development Opportunity on E. 5th Avenue

1551 E 5th Ave, Columbus, OH 43219

  • For Sale $175,000
  • 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

Contacts

broker
Simon Kroos

NAI Ohio Equities

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent

  • Transit Score ®

    36/100 Some Transit

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Royal Fish & Chicken

    0.98 miles

  • White Castle

    1.10 miles

  • Wendy's

    1.11 miles

  • Wang's Chinese Kitchen

    1.13 miles

  • Big Mal's Linden Cafe

    1.18 miles

  • Panther Grill

    1.20 miles

  • KFC

    1.27 miles

  • Hamilton Hall

    1.27 miles

  • Red Rabbit Ramen

    1.33 miles

  • Church's Chicken

    1.37 miles

  • Leonard School

    0.22 miles

  • Pilgrim Elementary School

    0.63 miles

  • Trevitt Elementary School

    0.75 miles

  • Academy Kids Learning Center

    0.84 miles

  • Eastgate Elementary School (historical)

    0.89 miles

  • Karl F Smith Bible School

    0.90 miles

  • Windsor Academy

    0.92 miles

  • Saint Dominic School

    0.93 miles

  • Shepard Center

    0.99 miles

  • Monroe Junior High School

    1.03 miles

  • Our Play Station

    1.06 miles

  • Kids Zone

    2.13 miles

  • Heavenly Kids Center for Early Learning

    2.39 miles

  • Nationwide Children's Hospital Child Care Center

    2.43 miles

  • St. Catharine Preschool

    2.64 miles

  • Star Kidz Learning Center

    3.07 miles

  • The Goddard School

    3.55 miles

  • Kids Kingdom Childcare and Learning Center

    3.58 miles

  • Teachable Moments @ Little Gems

    3.94 miles

  • Balanced Family Academy

    4.23 miles

Frequently Asked Questions

How much does Development Opportunity on E. 5th Avenue cost?

The space currently listed for sale at Development Opportunity on E. 5th Avenue asks for $175,000.

What is the total square footage of Development Opportunity on E. 5th Avenue?

Development Opportunity on E. 5th Avenue totals 41,715 square feet.

When was this property built?

Development Opportunity on E. 5th Avenue was built in 1955.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Simon Kroos

NAI Ohio Equities

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