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Turnkey Upscale Event Space or Adaptive Reuse 610-618 Neil Ave

Specialty Building Online Auction Sale Columbus, OH 43215

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Virtual Tour

Investment Highlights

  • The Sanctuary provides users and investors with a turnkey event venue with a Class C liquor license and adaptive reuse potential in Victorian Village.
  • Neighboring Goodale Park and within walking distance of Downtown and the Arena District, the property is near top-tier amenities and recreation.
  • Businesses can tap into a valuable demographic profile within 3 miles, with a growing population over 166,000 and 2024 consumer spending of $1.9B.
  • Key features of the building include a grand ballroom with true ballroom dance flooring, a full catering kitchen, and a basement-level speakeasy.
  • This property is easily accessible from I-670, I-71, and Highways 23, 33, and 315, and is highly visible to more than 15,000 vehicles daily.

Executive Summary

Located at 610-618 Neil Avenue, The Sanctuary provides users and investors with a turnkey event space with adaptive reuse potential in the highly desirable Victorian Village neighborhood of Columbus, Ohio. The property is currently a popular wedding venue but offers robust potential for use as a restaurant, brewery, school, office, concert/theatrical venue, or coworking space.

Spanning 18,416 square feet and originally built in 1900, 610-618 Neil Avenue is a stunning historic building with beautifully maintained interiors that exude elegance and charm. The exteriors feature a masonry façade and Gothic architecture, with eye-catching square and drum towers. The property spans three stories, including a basement-level cocktail bar with a stage. The centerpiece of the building is the grand ballroom, complete with true ballroom dance flooring. An additional smaller accessory space is just off the main ballroom, and both spaces feature immaculate woodwork and exceptional natural lighting. Equipped to handle large events, the property boasts a full catering kitchen with updated appliances and is placed near several convenient parking garages. The venue’s Class C liquor license is included in the sale, allowing a new user to avoid this large hurdle and give their business a running start.

610-618 Neil Avenue enjoys a highly visible and easily accessible location just off Interstate 670 in the coveted Victorian Village neighborhood. This lush, tree-filled community borders the Arena District and Short North neighborhoods and is walkable to Downtown Columbus and several major sports and concert venues. The property is also just one block from Goodale Park, providing a picturesque, landscaped park with skyline views within easy walking distance. Clients and guests can easily reach the property via the 670 and 71 Freeways, as well as nearby Highways 23, 33, and 315. More than 15,000 vehicles pass by the building each day on Neil Avenue, delivering strong brand exposure. A new owner can add new signage to the property, extending exposure to the more than 70,000 vehicles passing by on Interstate 670 daily.

Proximity to Downtown Columbus, quality schools and residential neighborhoods, and access to best-in-class urban amenities have made Victorian Village into a high-demand community with a valuable demographic profile. Within 3 miles of The Sanctuary, the population of more than 166,000 has grown by over 7% since 2020 and delivered consumer spending exceeding $1.9 billion during 2024.

Seize this chance to acquire a performing event venue with versatile potential for adaptive reuse in Victorian Village at 610-618 Neil Avenue, The Sanctuary.

Property Tours are by appointment only. Please contact the JLL team to schedule a tour and learn more about this incredible property.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Sale Type Investment
Sale Conditions Auction Sale
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 0.19 AC
No. Stories 3
Year Built 1900
Tenancy Single
Parking Ratio 0.11/1,000 SF

Amenities

  • Bus Line
  • Signage
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-066956
Land Assessment
$49,980
Improvements Assessment
$286,970
Total Assessment
$336,950

zoning

Zoning Code R4
R4

Sale Advisors

Sale Advisors

(614) 460-4404
Contact
Sean Stricker, Associate
(614) 460-4404
Contact
Sean Stricker is a Brokerage Analyst for JLL’s Columbus Office team. He graduated from the University of Dayton with a Bachelor’s degree in Sport Management.

Sean grew up in Cleveland and brings several years of sales experience. He worked in recruiting for five years prior to joining JLL in 2019. Sean began his JLL career in Capital Markets for two years where he served as an Investment Advisor focusing on the acquisition and disposition of multifamily housing transactions, before joining the Office Brokerage team.

In his free time, Sean enjoys golf, travel, attending country concerts, and spending time with family and friends.
(614) 460-4444
Contact
Clayton Davis, Senior Managing Director
(614) 460-4444
Contact
Clayton’s role at JLL encompasses strategic planning and account management for a wide variety of national and international corporate real estate users. Clayton serves as a single point of contact, and coordinates services across all JLL platforms to provide his clients with innovative, scalable and comprehensive real estate solutions.

With over 14 years of experience, Clayton has established himself as an invaluable resource for tenants looking to solve their most complicated real estate concerns. Portfolio service lines include: Portfolio Management, Lease Administration, Transaction Management, Strategic Consulting, Workplace Strategy, Business Intelligence, Occupancy Planning, Facility Maintenance and Global Benchmarking Services.

About the Auction Platform

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More

Auction Contact

Keisha Hartshorn
Auctioneer License: Ten-X Commercial, LLC Samantha Corbat RE Brkr REC.2019003563; Ohio Department of Agriculture- Auctioneer Program: Ten-X Commercial, Inc. (Ten-X, Inc.) Auctioneer Corporation 2022000147 Samantha Corbat Auctioneer 2023000126
  • Listing ID: 33353000

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 610-618 Neil Ave, Columbus, OH 43215

Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount Transaction Fee
$0m to < $1m 5.00% ($20,000 min)
$1m to < $3m 3.00%
$3m to < $5m 2.50%
$5m to < $10m 2.25%
$10m to < $15m 2.00%
$15m to < $25m 1.75%
$25m to < $35m 1.50%
$35M to < $45M 1.00%
$45M to < $55M 0.75%
$55M and Up 0.50%
Example Calculation
Winning Bid Amount $4,000,000 Transaction Fee $100,000 (2.5%) Total Purchase Price $4,100,000

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