114 Main Street, New Albany, OH 43054

$980,000
Property Type: Office Square Footage: 3,200 Status: Closed
Current Price: $980,000 List Date: 2/19/2025 Last Modified: 7/01/2025

Description

2 fully leased investment properties available with 3 tenants. 3,200 sqft total divided into 3 spaces. 2nd floor 1600sqft office and two 800sqft first floor office spaces (800, 800, 1600). Surface and curb front parking for all units. Flexible use in these units from medical to residential.

Supplements: ********

More Information MLS# 225004847

Location Property Info

Original List Price: 1150000 Sold Price: $980,000 Property Sub Type: Office Street #: 114 Street Name: Main Street Suffix: Street County: Franklin State: OH Zip Code: 43054 Subdiv/Cmplx/Comm: New Albany Exchange Township: Plain

OfficeContract Info

Status: Closed MLS Entry Date: 2025-02-19

General Property Info

Previous Use: office Occupancy Rate: 100 Total Available Sqft: 3200 Building Sqft: 3200 Max Cont Sqft Avail: 3200 Minimum Sqft Avail: 3200 # of Floors Above Gr: 2 Use Code: 450 - OFFICE BLDG-CONDOMINIUM Year Built: 2006 Basement: No Assoc/Condo Fee: 458

Tax Info

Parcel #: 004298 Addl Parcel Numbers: 222-004299 Tax Year: 2024 Tax Abatement: No Taxes (Yrly): 10058

Status Change Info

Under Contract Date: 2025-07-01 Sold Date: 2025-07-01 Sold Price: $980,000 Sold Price/SqFt: 306.25

Suite Info 1

Suite #: 110 SQ FT: 800

Suite Info 2

Suite #: 112 SQ FT: 1600

Suite Info 3

Suite #: 114 SQ FT: 800

Financials

Gross Rental Income: 78000

Expenses

R.E. Taxes: 20000 Property Insurance: 1500

Auction Info

Auction/Online BiddingY/N: No

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: All T Contracts Directly: All Utilities MLS Primary PhotoSrc: Realtor Provided
Listing Office: New Albany Realty, LTD
Listing Agent: Alan Hinson
Last Updated: July - 01 - 2025
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