2476-2500 Creekway Drive, Columbus, OH 43207 (MLS# 216041014)

2476-2500 Creekway Drive, Columbus, OH 43207

$1,330,000

Property Type: Commercial Lease Square Footage: 36,796 Lot Size (sq. ft.): 108,464 Status: Closed

Current Price: $1,330,000 List Date: 11/17/2016 Last Modified: 1/18/2025

Description

Investment opportunity on this highly efficient multi tenant flex building fully renovated approximately 2 years ago. Seven bays with 5,256 SF, one dock and one drive - in each. Several suites have substantial mezzanine space (in addition to the 5,256 SF on the ground floor. Major building improvement include a new roof (2014), tenant improvements (2014 & 2015), new HVAC units (2014), exterior lighting (2015), exterior paint (2014) and awnings (2014). The building is priced at a 7.55% cap rate on below market rents.

Supplements: ********

More Information MLS# 216041014

Location & Property Info

List Price/SqFt: 262.5 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus Dist to Interchange: 1

Office/Contract Info

For Sale: Yes Exchange: No For Lease: Yes Lease Rate $/Sq Ft: 5.75

General Property Info

Previous Use: Office/Warehouse Bldg Sq Ft: 36796 Max Cont Sqft Avail: 36796 Minimum Sqft Avail: 5256 Occupancy Rate: 100 Office Sq Ft: 6000 # of Docks: 7 SqFt ATFLS: 36796 # of Floors Above Gr: 1 Year Built: 1989 Acreage: 2.49

Tax Info

Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 530-213470 and 530-213469 Taxes (Yrly): 2002 Parcel #: 530-213470 Tax Year: 2015

Remarks & Misc

Property Description: Investment opportunity on this highly efficient multi tenant flex building fully renovated approximately 2 years ago. Seven bays with 5,256 SF, one dock and one drive - in each. Several suites have substantial mezzanine space (in addition to the 5,256 SF on the ground floor. Major building improvement include a new roof (2014), tenant improvements (2014 & 2015), new HVAC units (2014), exterior lighting (2015), exterior paint (2014) and awnings (2014). The building is priced at a 7.55% cap rate on below market rents.

Status Change Info

Sold Price/SqFt: 221.67 Under Contract Date: 2017-11-10 Sold Date: 2018-01-08 Sold Price: $1,330,000

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

T Contracts Directly

All Utilities: 1 Janitorial: 1

Suite Info 1

Suite #: 1 SQ FT: 5256 Date Available: 2017-12-29

Construction

Block: 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

Electric

3 Phase: 1

Auction Info

Auction/Online Bidding Y/N: No

Sprinkler

None: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1600000 Sold Price: $1,330,000 Property Sub Type: Mixed Use Street #: 2476-2500 Street Name: Creekway Street Suffix: Drive County: Franklin State: OH Zip Code: 43207 Township: None

OfficeContract Info

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

Property Features

Addl Acceptance Cond: None Known T Contracts Directly: All Utilities; Janitorial Heat Fuel: Gas Heat Type: Forced Air Electric: 3 Phase Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block Sprinkler: None MLS Primary PhotoSrc: Realtor Provided

Listing Office: Best Corporate Real Estate

Listing Agent: James M Mangas

Last Updated: January - 18 - 2025

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