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$8,900,000
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Property Description
The Mercantile is a fully refurbished historical building featuring original exposed timber beams and top of the line architectural features throughout. Boasting total of 41 units, 5 of which are luxury penthouses (with gas appliances) and 3 commercial units. The landmark building includes 2 elevators, front lobby reception, underground storage, fitness center, cutting edge security features, a rooftop that can be developed into iconic retail space or additional tenant amenities and parking lot including 30 spaces. Standard finishes include quartz counters, stainless appliance packages, in-unit laundry, wood floors, and LED backlit mirrors. 100% property tax abatement in place until 2034. 3 total parcels included in sale, one of the parcels can be developed as mid rise building. Property flyer attached with additional buildings specs. Agents please see A2A for additional info
Full Property Details
Full Property Details for 309 S 4th St
General
- Sold For: $8,900,000
- Taxes: $39,866 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225043059
- Added to Site: 242 day(s) ago
Parking
- Total Spaces: 30
Location
- County: Franklin
- Township: None
- Cross Streets: E Main St
School Information
- School District: COLUMBUS CSD 2503 FRA CO.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Rooftop
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Year Built: 1902
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325.6
Financial Considerations
- Price Per Sq. Ft.: $214.27
- Tax Amount: $39,866
- Tax Year: 2024
- Terms: Conventional, Assumable
- Owner Pays: Water
Disclosures and Reports
- Property ID: 010-044614
Listed and Sold by Red 1 Realty (614) 585-9020, Roxy Ponce (614) 560-7747 and Red 1 Realty (614) 585-9020, Jeffrey Sheu (614) 257-8076
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Schools
Schools serving 309 S 4th St
School District:Columbus City School District
| Name | Grades | Distance |
|---|---|---|
Ohio Avenue Elementary School 505 South Ohio Avenue, Columbus, OH 43205 | K-5 | 1.3 mi |
Champion Middle School, Columbus, OH 284 North 22nd Street, Columbus, OH 43203 | 6-8 | 1.7 mi |
East High School, Columbus, OH 1500 East Broad Street, Columbus, OH 43205 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 309 S 4th St
Date
Details
Price
Change
Source
7/08/2026
Sold
$9,500,000
—
MLS
11/14/2025
Listed
$9,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
309 S 4th Street, Columbus, OH 43215 (MLS# 225043059) is a Multi-Family property that was sold at $8,900,000 on July 08, 2026. Want to learn more about 309 S 4th Street? Do you have questions about finding other Multi-Family real estate for sale in Columbus? You can browse all Columbus real estate or contact a Coldwell Banker agent to request more information.

