1395 E Dublin Granville Road, Columbus, OH 43229 (MLS# 218023444)

1395 E Dublin Granville Road, Columbus, OH 43229

$1,300,000

Property Type: Office Square Footage: 41,400 Lot Size (sq. ft.): 71,438 Status: Closed

Current Price: $1,300,000 List Date: 1/24/2019 Last Modified: 1/27/2025

Description

ADA Accessible and conveniently located, this mid-rise building has a solid history of office-rental success and is ready to be passed on to the next owner. The most recent configuration accommodates 29 suites and has an occupancy rate of approximately 90%. Additionally, the leased spaces, of the excessive 122 asphalt parking capacity, provide additional income. An analysis, of market conditions for competing inventory, indicates the overall market conditions as stable. With a new 2017-installed water tower and no-known major repairs needed, a secure income-minded investor might want to jump onto this great opportunity!

Supplements: ********

More Information MLS# 218023444

Location & Property Info

List Price/SqFt: 37.44 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus Dist To Intersxn: 0.1

Office/Contract Info

For Sale: Yes Exchange: No For Lease: No Lease Rate $/Sq Ft: 0

General Property Info

Previous Use: Office Rentals Max Cont Sqft Avail: 0 Minimum Sqft Avail: 0 Occupancy Rate: 90 Total Available Sqft: 41400 Total Parking: 122 # of Docks: 0 Building Sqft: 41400 # of Elevators: 1 Basement: Yes # of Floors Above Gr: 4 Year Built: 1972 Acreage: 1.64

Tax Info

Zoning: C (''ARO'') Mult Parcels/Sch Dis: No Tax Abatement: No Taxes (Yrly): 40311 Tax Incentive: No Parcel #: 010-047952 Tax Year: 2017

Remarks & Misc

Property Description: ADA Accessible and conveniently located, this mid-rise building has a solid history of office-rental success and is ready to be passed on to the next owner. The most recent configuration accommodates 29 suites and has an occupancy rate of approximately 90%. Additionally, the leased spaces, of the excessive 122 asphalt parking capacity, provide additional income. An analysis, of market conditions for competing inventory, indicates the overall market conditions as stable. With a new 2017-installed water tower and no-known major repairs needed, a secure income-minded investor might want to jump onto this great opportunity!

Status Change Info

Sold Price/SqFt: 31.4 Under Contract Date: 2019-06-05 Sold Date: 2019-06-06 Sold Price: $1,300,000

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Services Available

Electricity Available: 1 Sewer Available: 1 Water Available: 1

Heat Type

Heat Pump: 1

Miscellaneous

Air Condition: 1 Handicap Access: 1

Building Type

Multi Tenant: 1

Auction Info

Auction/Online BiddingY/N: No

Sprinkler

None: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Location Property Info

Original List Price: 1550000 Sold Price: $1,300,000 Property Sub Type: Office Street #: 1395 Street PreDirection: E Street Name: Dublin Granville Street Suffix: Road County: Franklin State: OH Zip Code: 43229 Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2018-06-27

Property Features

Addl Acceptance Cond: None Known Heat Type: Heat Pump Services Available: Electricity Available; Sewer Available; Water Available Building Type: Multi Tenant Sprinkler: None Miscellaneous: Air Condition; Handicap Access MLS Primary PhotoSrc: Realtor Provided

Listing Office: LEPI & ASSOCIATES

Listing Agent: Amanda Hitchcock

Last Updated: January - 27 - 2025

Broker Attribution: 740-455-3730

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