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
List Price/SqFt: 359.38
City (Mailing Addr): New Albany
Corp LimitPerAuditor: New Albany
Dist To Intersxn: 0.25
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 25
General Property Info
Previous Use: office
Max Cont Sqft Avail: 3200
Minimum Sqft Avail: 3200
Occupancy Rate: 100
Total Available Sqft: 3200
# of Docks: 0
Building Sqft: 3200
# of Elevators: 0
Assoc/Condo Fee: 458
Use Code: 450 - OFFICE BLDG-CONDOMINIUM
Basement: No
# of Floors Above Gr: 2
Year Built: 2006
Tax Info
Addl Parcel Numbers: 222-004299
Tax Abatement: No
Taxes (Yrly): 10058
Parcel #: 004298
Tax Year: 2024
Remarks & Misc
Property 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.
Status Change Info
Sold Price/SqFt: 306.25
Under Contract Date: 2025-07-01
Sold Date: 2025-07-01
Sold Price: $980,000
Income/Expenses
Gross Income: 78000
Net Operating Income: 54200
Total Expenses: 3800
Addl Acceptance Cond
None Known: 1
Expenses Paid by L
All: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
T Contracts Directly
All Utilities: 1
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
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
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
Property Features
Addl Acceptance Cond: None Known
Expenses Paid by L: All
T Contracts Directly: All Utilities
MLS Primary PhotoSrc: Realtor Provided
Documents
New Albany Exchange - Bylaws ›
Listing Office:
New Albany Realty, LTD
Listing Agent:
Alan D Hinson
Last Updated: July - 01 - 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 2020 Columbus Board of Realtors. All rights reserved.