146 Granville Street, Gahanna, OH 43230 (MLS# 216040968)

146 Granville Street, Gahanna, OH 43230

$1,499,000

Property Type: Office Square Footage: 9,179 Lot Size (sq. ft.): 25,265 Status: Closed

Current Price: $1,499,000 List Date: 11/16/2016 Last Modified: 1/18/2025

Description

8.66% Cap Rate. 100% occupied. 6 tenants (3 have been in place for 13-20+ yrs). Property consists of 2 one-story office buildings (146 & 156 Granville St) built in 1996, totaling 9,179 Sq. Ft. on 0.579 acre lot. Updated HVAC & roof. Tenants include a family real estate office, 2 law firms, a counseling firm, a physical therapy & dentist. Tenants pay electric and gas. Great location in Olde Gahanna on Granville St near Creekside and Mill Street.

Supplements: ********

More Information MLS# 216040968

Location & Property Info

List Price/SqFt: 163.31 City (Mailing Addr): Gahanna Corp LimitPerAuditor: Gahanna Dist To Intersxn: 1

Office/Contract Info

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

General Property Info

Max Cont Sqft Avail: 0 Minimum Sqft Avail: 0 Occupancy Rate: 100 Total Available Sqft: 9179 Total Parking: 36 # of Docks: 0 Building Sqft: 9179 # of Elevators: 0 Use Code: 447 - OFFICE BLDG 1 AND 2 STORY Basement: No # of Floors Above Gr: 1 Year Built: 1996 Acreage: 0.58

Tax Info

Zoning: OG-2 Tax Abatement: No Taxes (Yrly): 35172 Parcel #: 025-000027 Tax Year: 2015

Remarks & Misc

Property Description: 8.66% Cap Rate. 100% occupied. 6 tenants (3 have been in place for 13-20+ yrs). Property consists of 2 one-story office buildings (146 & 156 Granville St) built in 1996, totaling 9,179 Sq. Ft. on 0.579 acre lot. Updated HVAC & roof. Tenants include a family real estate office, 2 law firms, a counseling firm, a physical therapy & dentist. Tenants pay electric and gas. Great location in Olde Gahanna on Granville St near Creekside and Mill Street.

Status Change Info

Sold Price/SqFt: 163.31 Under Contract Date: 2017-06-26 Sold Date: 2017-08-16 Sold Price: $1,499,000

Income/Expenses

Gross Income: 179775 Net Operating Income: 129826 Total Expenses: 49949

Addl Acceptance Cond

None Known: 1

Expenses Paid by L

Building Insurance: 1 Janitorial: 1 Repairs: 1 RE Taxes: 1

T Reimburses L

Cam: 1 Curr Yr Est $/SF TRL: 5.44

T Contracts Directly

All Utilities: 1

Financials

Financials ForYearOf: 2017 Gross Rental Income: 179775 Effective Income: 179775

Expenses

R.E. Taxes: 35172 Property Insurance: 2454 Water Expense: 2235 Contract Svc Expense: 10087

Misc Int & Ext Info

Parking Ratio: 4

Construction

Frame: 1

Heat Fuel

Gas: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Heat Type

Forced Air: 1

Miscellaneous

Air Condition: 1 Handicap Access: 1 Public Transport: 1

Building Type

Multi Tenant: 1

Auction Info

Auction/Online BiddingY/N: No

New Financing

Conventional: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1588000 Sold Price: $1,499,000 Property Sub Type: Office Street #: 146 Street Name: Granville Street Suffix: Street County: Franklin State: OH Zip Code: 43230 Township: Mifflin

OfficeContract Info

Status: Closed MLS Entry Date: 2016-11-16

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: Building Insurance; Janitorial; Repairs; RE Taxes T Reimburses L: Cam T Contracts Directly: All Utilities Heat Fuel: Gas Heat Type: Forced Air Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Building Type: Multi Tenant Construction: Frame Miscellaneous: Air Condition; Handicap Access; Public Transport New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Documents

For Sale Brochure ›

Listing Office: Howard Hanna Real Estate Svcs

Listing Agent: Douglas T Tenenbaum

Last Updated: January - 18 - 2025

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