$5,500,000
112 Jefferson Avenue
Columbus, OH 43215
MLS# 223034128
Status: Closed
25679 sqft


112 Jefferson Avenue, Columbus, OH 43215
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112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Ave-Building 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215 112 Jefferson Avenue, Columbus, OH 43215

Property Description
Discover a Prime Columbus Commercial Real Estate Gem: High-Yield Investment Opportunity across from Columbus State Community College in Downtown Columbus This high-performing asset offers immediate, secure cash flow through an existing NN lease agreement with the CSCC, 10 year w 5 year option. Unparalleled and ideal for a 1031 Tax Exchange, this fully-renovated 2023 all-brick, three-story commercial office building boasts 25,679 sq. ft. Conveniently located across from Columbus State Community College, along the COTA Bus line, with consistent cash flow through the NN lease agreement. With an attractive cap rate, this property is a top choice for savvy investors seeking a turn-key opportunity.This building is ADA Accessible and has large parking lot across the street.

Details
Maps
Location Property Info
Original List Price: 8200000
Sold Price: $5,500,000
Sub-Type: Office
Street #: 112
Street Name: Jefferson
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43215
Subdiv/Cmplx/Comm: East Park Place
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2023-10-14
General Property Info
Previous Use: Medical Offices
Total Available Sqft: 25679
Building Sqft: 25679
Max Cont Sqft Avail: 25679
Minimum Sqft Avail: 25679
# of Floors Above Gr: 3
# of Elevators: 1
# of Docks: 1
Use Code: 442 - MEDICAL OFFICES
Year Built: 2005
Basement: Yes
Acreage: 0.73
Tax Info
Parcel #: 010-066986
Zoning: C-Commericial
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 64241
Status Change Info
Under Contract Date: 2024-02-06
Sold Date: 2024-02-23
Sold Price: $5,500,000
Sold Price/SqFt: 214.18
Auction Info
Auction/Online BiddingY/N: No
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: Y
Concession Comments: Repairs
Property Features
Addl Acceptance Cond: None Known
Electric: 3 Phase
Services Available: Electric; Gas; Sanitary Sewer; Storm Sewer; Water
Building Type: Single User
Construction: Masonry
Miscellaneous: Air Condition
Alternate Uses: Commercial
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Douglas & Associates Realty

Listing Agent: Stephan Douglas

Last Updated: February - 23 - 2024

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