Commercial Development Opportunity | Staybridge Suites by IHG

Presenting a premier commercial hospitality development and land investment opportunity in the booming Columbus, Ohio market. Located at 4970 Sunbury Road, this 2.19-acre site is primed for the completion of a 114-unit Staybridge Suites by IHG, one of the most trusted and lucrative brands in the extended-stay hospitality sector. Catering directly to the region's surging demand for upscale, long-term corporate and leisure lodging, this shovel-ready project offers an unmatched advantage for savvy commercial real estate developers looking to bypass early-stage construction hurdles and accelerate their time-to-market.

Unprecedented Construction Status & Cost Savings Unlike raw land, this asset delivers massive structural headways, significantly reducing upfront development timelines and capital expenditure. Construction was temporarily halted in 2020 during the pandemic, leaving a highly valuable foundation ready for immediate continuation. Investors will inherit an advanced construction status: the building pad and underground infrastructure are fully in place, with 90% of the first floor completed. Furthermore, the elevator shafts and staircases are already fully erected up to the 5th floor. The acquisition includes all existing architectural plans, engineering blueprints, and comprehensive construction reports (requiring standard municipal resubmission), alongside detailed pay application receipts for all work previously performed, including documented balances from each subcontractor.

Strategic Location & High-Traffic Infrastructure Situated in highly desirable Franklin County, the property boasts exceptional visibility and strategic regional connectivity. It sits in the vibrant immediate surroundings of Easton Town Center, Columbus’ premier destination for upscale shopping, world-class dining, and corporate headquarters. The location guarantees a steady influx of corporate travelers and extended-stay guests due to its close proximity to the John Glenn Columbus International Airport (CMH). Additionally, guests will enjoy seamless access to downtown Columbus, the high-energy Arena District, the Franklin Park Conservatory, and the massive economic footprint of The Ohio State University.

Site Specifications & Parking Logistics This substantial 86,000-square-foot hospitality layout is meticulously engineered to maximize spatial efficiency and guest comfort. The site features 76 dedicated on-site parking spaces (offering a highly functional 0.88 parking ratio per square foot), with additional off-site parking options available to effortlessly accommodate peak guest volumes and hotel staff. Delivered entirely vacant, this asset represents a clean, high-upside transition for a developer positioned to capitalize on Columbus’ thriving economic expansion.