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Key Details
Sold Price $5,500,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision East Park Place
MLS Listing ID 223034128
Sold Date 02/23/24
Originating Board Columbus and Central Ohio Regional MLS
Year Built 2005
Annual Tax Amount $64,241
Lot Size 0.730 Acres
Lot Dimensions 0.73
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
Community East Park Place
Area 0.73
Zoning C-Commericial
Rooms
Dining Room No
Interior
Equipment No
Others
Tax ID 010-066986
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