50 Old Village Road, Columbus, OH 43228 (MLS# 215024062)

50 Old Village Road, Columbus, OH 43228

$1,130,000

Property Type: Commercial Lease Square Footage: 20,076 Lot Size (sq. ft.): 39,640 Status: Closed

Current Price: $1,130,000 List Date: 7/07/2015 Last Modified: 1/10/2025

Description

Old Village Professional Building – 20,076 SF two story brick medical office building with long term tenants and many upgrades. Built in 1962 with many upgrades, excellent marquee signage, total wired and wireless connect security system, and electronic locking doors with 16 separate security cameras. 2011 upgrade of T-8 lighting thru-out, 2010 roof replacement, 2005 enlarged parking lot expansion and upgraded landscaping, upgrade phone and IT cabling, 18 electric meters, 18 gas meters with upgrade HVAC units and programmable thermostats, motion lights in bathrooms, with auto flush installations, 2011 total remodel suite (Ohio Health) completed. Handicap ramps installed for both levels, well kept building with many other upgrades and improvements, excellent rental history. 11.1% cap

Supplements: ********

More Information MLS# 215024062

Location & Property Info

List Price/SqFt: 470.25 City (Mailing Addr): Columbus Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes Exchange: No For Lease: Yes Lease Rate $/Sq Ft: 12.5

General Property Info

Previous Use: office Max Cont Sqft Avail: 1933 Minimum Sqft Avail: 672 Occupancy Rate: 87 Total Available Sqft: 2605 Total Parking: 57 # of Docks: 0 Building Sqft: 20076 # of Elevators: 0 # of Floors Above Gr: 1 Year Built: 1962 Acreage: 0.91

Tax Info

Zoning: office Mult Parcels/Sch Dis: No Taxes (Yrly): 30767 Parcel #: 240-002305 Tax Year: 2014

Remarks & Misc

Property Description: Old Village Professional Building – 20,076 SF two story brick medical office building with long term tenants and many upgrades. Built in 1962 with many upgrades, excellent marquee signage, total wired and wireless connect security system, and electronic locking doors with 16 separate security cameras. 2011 upgrade of T-8 lighting thru-out, 2010 roof replacement, 2005 enlarged parking lot expansion and upgraded landscaping, upgrade phone and IT cabling, 18 electric meters, 18 gas meters with upgrade HVAC units and programmable thermostats, motion lights in bathrooms, with auto flush installations, 2011 total remodel suite (Ohio Health) completed. Handicap ramps installed for both levels, well kept building with many other upgrades and improvements, excellent rental history. 11.1% cap

Status Change Info

Sold Price/SqFt: 433.78 Under Contract Date: 2017-01-17 Sold Date: 2017-03-03 Sold Price: $1,130,000

Income/Expenses

Gross Income: 244000 Net Operating Income: 74668 Total Expenses: 169332

Addl Acceptance Cond

None Known: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Suite Info 3

Suite #: 1 SQ FT: 1933

Auction Info

Auction/Online BiddingY/N: No

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1350000 Sold Price: $1,130,000 Property Sub Type: Office Street #: 50 Street Name: Old Village Street Suffix: Road County: Franklin State: OH Zip Code: 43228 Township: Prairie

OfficeContract Info

Status: Closed MLS Entry Date: 2015-07-07

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided

Listing Office: Best Corporate Real Estate

Listing Agent: Randy J Best

Last Updated: January - 10 - 2025

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