Commercial Demolition Authorized for Former McClure-Nesbitt Building on East Main Street
The city issued a commercial demolition permit for the 1505 E. Main St. warehouse to comply with an unsafe building order following earlier renovation plans.
The City of Columbus issued commercial demolition permit DEMO2642237 on Oct. 19. Under the issued permit, commercial demolition is authorized for the 28,010-square-foot warehouse at 1505 E. Main St. in Columbus permit status work description. Completion of the work described in the permit, including all required inspections and approvals, will comply with building order UNSF1800232 building order compliance.
The property, located at 1505 E. Main St. on Columbus's Near East Side, is the historic McClure-Nesbitt Motor Company building site location. Originally constructed in 1926 for the McClure-Nesbitt Motor Company, the building has been vacant for decades and is in major disrepair building condition.
A proposed rehabilitation project previously envisioned renovating the Art Deco-style building to house restaurants and leasable spaces for retail and offices to contribute to economic activity on Main Street project scope. Developer Equity was awarded state historic preservation tax credits for the project in 2023 for a planned renovation of the McClure-Nesbitt Motor Company building near Kelton Avenue for restaurant, retail and office use state tax credits.
A similar arrangement was made with Community Threads, a nonprofit organization that owned the former car dealership at 1505 E. Main St. and also controls several other properties in the area, as the building remained in bad shape with a failing roof and required extensive work to return to working condition, according to Wathen nonprofit arrangement.
Wathen explained the strategy behind taking on the troubled property: “The idea was to take the burden of these failing assets off of them and to do the things they weren’t equipped to do, which is, you know, aggregate a bunch more debt and equity into these projects, renovate them, repurpose the buildings, re-tenant them and turn them into productive assets…those are the things we do as commercial real estate developers,” said Wathen developer strategy.
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DEMO2642237 · Demolition | Commercial — 1505 E MAIN ST COLUMBUS FRANKLIN OH
Supporting evidence (3)
Under the issued permit, commercial demolition is authorized for the 28,010-square-foot warehouse at 1505 E. Main St. in Columbus permit status work description.
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{Address=1505 E MAIN ST COLUMBUS FRANKLIN OH, Document listing=Unsupported public listing, Public view=Detail page, Record=DEMO2642237, Series role=demolition, Status=Issued, Type=Demolition | Commercial, Type role=other}
Under the issued permit, commercial demolition is authorized for the 28,010-square-foot warehouse at 1505 E. Main St. in Columbus permit status work description.
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DEMOLITION OF 28,010 SQ FT WAREHOUSE Completion of the work described in this permit, including all required inspections and approvals, WILL comply building order UNSF1800232
Completion of the work described in the permit, including all required inspections and approvals, will comply with building order UNSF1800232 building order compliance.
Read supporting passage
DEMOLITION OF 28,010 SQ FT WAREHOUSE Completion of the work described in this permit, including all required inspections and approvals, WILL comply building order UNSF1800232
Supporting evidence (3)
The property, located at 1505 E. Main St. on Columbus's Near East Side, is the historic McClure-Nesbitt Motor Company building site location.
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The other Columbus project to receive historic preservation tax credits this round is a plan to renovate the McClure-Nesbitt Motor Company building at 1505 E. Main St. on the Near East Side.
Originally constructed in 1926 for the McClure-Nesbitt Motor Company, the building has been vacant for decades and is in major disrepair building condition.
Read supporting passage
Originally constructed in 1926 for the McClure-Nesbitt Motor Company, the building has been vacant for decades and is in major disrepair.
A proposed rehabilitation project previously envisioned renovating the Art Deco-style building to house restaurants and leasable spaces for retail and offices to contribute to economic activity on Main Street project scope.
Read supporting passage
The rehabilitation project would renovate the Art Deco style building to house restaurants and leasable spaces for retail and offices, once again contributing to economic activity on Main Street and helping to transform the area.
Supporting evidence (3)
Developer Equity was awarded state historic preservation tax credits for the project in 2023 for a planned renovation of the McClure-Nesbitt Motor Company building near Kelton Avenue for restaurant, retail and office use state tax credits.
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Renovation of the McClure-Nesbitt Motor Company building at 1505 E. Main St. (near Kelton Avenue) for restaurant, retail and office use. Equity was awarded state historic preservation tax credits for the project in 2023.
A similar arrangement was made with Community Threads, a nonprofit organization that owned the former car dealership at 1505 E. Main St. and also controls several other properties in the area, as the building remained in bad shape with a failing roof and required extensive work to return to working condition, according to Wathen nonprofit arrangement.
Read supporting passage
A similar arrangement was made with Community Threads, a nonprofit organization that owned the former car dealership at 1505 E. Main St. and also controls several other properties in the area. The building remains in bad shape with a failing roof, and will require extensive work to return to working condition, according to Wathen.
Wathen explained the strategy behind taking on the troubled property: “The idea was to take the burden of these failing assets off of them and to do the things they weren’t equipped to do, which is, you know, aggregate a bunch more debt and equity into these projects, renovate them, repurpose the buildings, re-tenant them and turn them into productive assets…those are the things we do as commercial real estate developers,” said Wathen developer strategy.
Read supporting passage
“The idea was to take the burden of these failing assets off of them and to do the things they weren’t equipped to do, which is, you know, aggregate a bunch more debt and equity into these projects, renovate them, repurpose the buildings, re-tenant them and turn them into productive assets…those are the things we do as commercial real estate developers,” said Wathen.