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
Overview
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.
Listing Details MLS# 225004847
Location Property Info
- Original List Price
- 1150000
- 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
- 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
- # of Docks
- 0
- # of Elevators
- 0
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/SqFt
- 306.25
Suite Info 1
- Suite #
- 110
- SQ FT
- 800
More Information
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
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
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.
Income/Expenses
- Gross Income
- 78000
- Net Operating Income
- 54200
- Total Expenses
- 3800
Addl Acceptance Cond
- None Known
- Yes
Expenses Paid by L
- All
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
T Contracts Directly
- All Utilities
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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
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