75 E State St - Hospitality FOR SALE
Columbus, OH 43215 |
75 E State St
Columbus, OH 43215
HIGHLIGHTS
- 75 E State Street is a 380,000-square-foot, fee-simple Sheraton Hotel, possessing 403 rooms in the epicenter of Columbus, OH.
- Occupies a prime location on the Capitol Square, adjacent to the Ohio Statehouse at the governmental, legal and financial center of Columbus.
- Presents an immense opportunity to acquire a prominently positioned hotel at an extremely attractive basis with fantastic value-add upside.
- The hotel abuts Columbus Commons Park, an expansive family-friendly urban park and cultural epicenter of the city which hosts year-round event
- Any new investor will have the opportunity to take advantage of significant financial and tax incentives from the city following any re-development.
- The hotel houses the highest-grossing Starbucks in Columbus, alongside a well-known high-end restaurant, The Plaza Restaurant and Lounge.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
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BUILDING DETAILS
PROPERTY NAME
Sheraton Columbus Hotel at Capitol Square
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
323901
STORIES
22
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1984
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
Downtown District, Col.
APN/PARCEL ID
010-020200
