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1601 5th Ave - 1601 - 1611 5th Ave - 4 lot assemblage

0.85 Acres of Commercial Land Offered at $400,000 in Columbus, GA 31901

Investment Highlights

  • Strategic location
  • Convenient to restaurants, lodging, retail and services
  • Easy access to Uptown, Ft. Moore, Phenix City and Midtown
  • Pedestrian/bicycle/auto friendly area

Executive Summary

This offering consists of 4 lots totaling .85 Acres +/-. The property is strategically positioned on the 5th Avenue corridor which connects the Midtown medical community and an exciting redevelopment initiative known as MidCity Yards. There are a variety of new businesses that have opened in the area to include Fetch Park, Moe's Original BBQ and Scofflaw Columbus Brewery. These businesses continue the momentum generated when the Swift Mills property on 6th Avenue began it's renaissance a few years ago. It's now home to spacious loft apartments, state of the art offices and a variety of retailers.
Two blocks north of this 4 lot package, you'll find the John B Amos Cancer Center, a part of the Piedmont Midtown Medical Campus. If you need a place to build medical office or medical support space, this could be the exact location to meet the needs of your clients, patients or customers.
Although currently zoned LMI (Light Manufacturing Industrial), the City's Comprehensive Plan shows the future land use for these lots as UPT (Uptown Zoning District). UPT supports residential, retail, office, medical office and entertainment uses. Although any rezoning initiative requires careful planning, rezoning these lots to UPT should be a relatively streamlined process.

Property Facts

Price $400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.85 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $400,000
Price Per AC $470,588
Lot Size 0.85 AC

Amazing opportunity to buy a property in the shadow of the Piedmont Medical complex and along the growing 5th Ave corridor. This grouping of 4 lots totals .85 acres. Currently zoned LMI, but rezoning to UPT will be consistent with the City's plan.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 017-013-004
  • 017-013-003
  • 017-013-002
  • 017-013-005
Land Assessment
$80,164
Improvements Assessment
$0
Total Assessment
$80,164

zoning

Zoning Code LMI (Light manufacturing and industrial but this property is identified on the City's comprehensive plan as a future part of the UPT district.)
LMI (Light manufacturing and industrial but this property is identified on the City's comprehensive plan as a future part of the UPT district.)
  • Listing ID: 32371769

  • Date on Market: 7/7/2024

  • Last Updated:

  • Address: 1601 5th Ave, Columbus, GA 31901

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