$5,500,000
$8,200,000
32.9%For more information regarding the value of a property, please contact us for a free consultation.
25,679 SqFt
SOLD DATE : 02/23/2024
Key Details
Sold Price $5,500,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 25,679 sqft
Price per Sqft $214
Subdivision East Park Place
MLS Listing ID 223034128
Sold Date 02/23/24
HOA Y/N No
Year Built 2005
Annual Tax Amount $64,241
Tax Year 2022
Lot Size 0.730 Acres
Property Description
Discover a Prime Columbus Commercial Real Estate Gem: High-Yield Investment Opportunity across from Columbus State Community College in Downtown Columbus This high-performing asset offers immediate, secure cash flow through an existing NN lease agreement with the CSCC, 10 year w 5 year option. Unparalleled and ideal for a 1031 Tax Exchange, this fully-renovated 2023 all-brick, three-story commercial office building boasts 25,679 sq. ft. Conveniently located across from Columbus State Community College, along the COTA Bus line, with consistent cash flow through the NN lease agreement. With an attractive cap rate, this property is a top choice for savvy investors seeking a turn-key opportunity.This building is ADA Accessible and has large parking lot across the street.
Location
State OH
County Franklin
Zoning C-Commericial
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Bought with Robert J Riddle • New Albany Realty, LTD
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”