4250 W Broad Street, Columbus, OH 43228 (MLS# 215022451)

4250 W Broad Street, Columbus, OH 43228

$1,000,000

Property Type: Commercial Lease Square Footage: 19,393 Lot Size (sq. ft.): 53,143 Status: Closed

Current Price: $1,000,000 List Date: 5/05/2017 Last Modified: 1/10/2025

Overview

Description

Former HH Gregg now Payless Furniture at 4250 W. Broad St. 19,393 SF freestanding retail on 1.23 acres. Fantastic visibility at first light East of I - 270 & Broad Street exit. Outstanding pylon signage with exposure to 100,000 VPD on I - 270 at Hollywood Casino exit. Currently leased at $12,000/month though 10/18 (do not disturb on going business/employees). 15,514 SF of retail space and 3,879 warehouse with dock. Property is for sale at $1,200,000 or lease at $5.00 PSF NNN. Fantastic parking and exposure. Ideal for any owner user, retailer or commercial use. Traffic light entrance and immediate access to I - 270 via Broad Street exit. Redeveloping area with high traffic on main artery to Hollywood Casino. Please contact agent for additional details.

Listing Details MLS# 215022451

Location Property Info

Original List Price: 1599000
Property Sub Type: Retail
Street #: 4250
Street PreDirection: W
Street Name: Broad
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43228
Subdiv/Cmplx/Comm: Former HH Gregg - Payless Furniture
Township: Franklin

OfficeContract Info

MLS Entry Date: 2015-06-24

General Property Info

Previous Use: Retail/Furniture
Total SqFt Available: 19393
Bldg Sq Ft: 19393
Max Cont Sqft Avail: 19393
Minimum Sqft Avail: 19393
Occupancy Rate: 100
# of Docks: Yes
Dock Size: 12X12
Number of Units: Yes
# of Floors Above Gr: Yes
Total Parking: 40
Year Built Status: 1968
Year Built: 1968
Use Code: 429 - OTHER RETAIL STRUCTURES
Lot Size (Side): 465
Acreage: 1.22
Assoc/Condo Fee: 0

Tax Info

Parcel #: 140-003283-00
Zoning: Commercial
Mult Parcels/Sch Dis: No
Assessment: None Known
Tax Year: 2014
Taxes (Yrly): 34626
Tax Incentive: No

Status Change Info

Under Contract Date: 2017-04-01
Sold Date: 2017-05-01
Sold Price/SqFt: 51.56

T Reimburses L

Curr Yr Est $/SF TRL: 2.25
All: Yes
Building Insurance: Yes
Cam: Yes
Janitorial: Yes
Maint/Repairs: Yes
RE Taxes: Yes
Utilities: Yes

More Information

Lease Info

Term Desired: 5
Will LL Remodel: No
Finish Allow/SQFT $: 0

Suite Info 1

SQ FT: 19393
Date Available: 2015-08-01

Financials

Financials ForYearOf: 2014
Gross Rental Income: 144000
Effective Income: 144000
Other Income: 0
Vac & Cr Loss: 0

Expenses

R.E. Taxes: 34626
Property Insurance: 5085

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: Y
Seller/Buyer Concessions: Y

Location & Property Info

List Price/SqFt: 61.88
City (Mailing Addr): Columbus
Dist To Interchange: 0.25
Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 5

Remarks & Misc

Property Description: Former HH Gregg now Payless Furniture at 4250 W. Broad St. 19,393 SF freestanding retail on 1.23 acres. Fantastic visibility at first light East of I - 270 & Broad Street exit. Outstanding pylon signage with exposure to 100,000 VPD on I - 270 at Hollywood Casino exit. Currently leased at $12,000/month though 10/18 (do not disturb on going business/employees). 15,514 SF of retail space and 3,879 warehouse with dock. Property is for sale at $1,200,000 or lease at $5.00 PSF NNN. Fantastic parking and exposure. Ideal for any owner user, retailer or commercial use. Traffic light entrance and immediate access to I - 270 via Broad Street exit. Redeveloping area with high traffic on main artery to Hollywood Casino. Please contact agent for additional details.

Income/Expenses

Gross Income: 144000
Net Operating Income: 104000
Total Expenses: 40000

Addl Acceptance Cond

None Known: Yes

Misc Int & Ext Info

Parking Ratio/1000: 2.1

Construction

Block: Yes

Heat Fuel

Gas: Yes

Services Available

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

Heat Type

Forced Air: Yes

Electric

3 Phase: Yes
Single Phase: Yes

Sprinkler

None: Yes

Business Type

Arts and Entertainment: Yes
Auto Service: Yes
Church: Yes
Restaurant: Yes
Retail: Yes
Shopping Center: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known T Reimburses L: All; Building Insurance; Cam; Janitorial; Maint/Repairs; RE Taxes; Utilities Heat Fuel: Gas Heat Type: Forced Air Electric: 3 Phase; Single Phase Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block Sprinkler: None Business Type: Arts and Entertainment; Auto Service; Church; Restaurant; Retail; Shopping Center MLS Primary PhotoSrc: Realtor Provided

Listing Office: Howard Hanna Real Estate Svcs

Listing Agent: Gregory J Hrabcak

Last Updated: January - 10 - 2025

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.