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Residential Land for Sale in Columbus, Ohio

498 W Town St, Columbus, OH 43215

$199,000
0.06 acres
Active
ago
Est $1,377/mo

Welcome to 498 W Town Street - a rare opportunity to secure prime land in the heart of one of Columbus' fastest-growing neighborhoods. This mixed-use lot offers exceptional flexibility for your next residential, commercial, or multi-use development project. Whether you're an investor, builder, or owner-occupant with a vision, this location positions you right at the center of Franklinton's ongoing transformation. Zoned for residential, restaurant commercial, and retail use, the possibilities are wide open: think modern townhomes, a boutique retail concept, a live-work space, or a long-term hold in an area where property values continue to appreciate year after year. Utilities are easily accessible. The lot sits along a corridor that has seen tremendous investment, redevelopment, and momentum - including BrewDog and Land Grant within one block, and across the street you have all of the new bar/restaurant development including Sweeney's and the new $22mm Benjamin II mixed use project. Franklinton has become one of Columbus' most desirable urban communities - home to galleries, breweries, parks, restaurants, bike trails, and minutes from Downtown, the Scioto Mile, and major highways. This parcel places you right in the middle of that energy. If you're looking for a high-growth opportunity with outstanding upside, 498 W Town Street is the kind of land play that rarely hits the market. Bring your vision and make your mark in Franklinton. *Lot qualifies for 15 year tax abatement and is located in an opportunity zone. **For the convenience of the new owner, Seller has made plans available for single family home which has been approved for the lot.

Location

Street address
498 W Town St
Community
Franklinton
School district
Columbus CSD 2503 Fra Co.
Elevation
708 feet
Coordinates
39.9575, -83.0134

Property details

Lot size
0.06 acres2,614 sq ft
MLS #
CCOMLS 225044992
Posted

Property taxes

Recent
$228

Parcels

  • 010-023696-00

Details and features

Listing

Type
Land

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Dec 6, 2025New listing$199,000CCOMLS
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This 0.06-acre property is located at 498 W Town St in Columbus, OH 43215. The property is available for sale for $199,000.

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