11681 Johnstown Road Road, New Albany, OH 43054

$2,250,000
Property Type: Commercial Square Footage: 25,000 Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $2,250,000 List Date: 8/01/2018 Last Modified: 1/26/2025

Description

Amazing one in a life time opportunity. 5 acres ZONED FOR STORAGE in NEW ALBANY. 2 acres are developed with 3 buildings, 25,000 sq ft of storage units 144 doors, 80% occupied. 2 more acres in the back are approved, zoned, and ready to be built on for additional 3 buildings 25,000 sq. ft. of storage space. Property also features a remodeled 2200 sq ft 2 story home that can be used as office, live in manager, or rented to a tenant, home is in New Albany school district. Storage units were built by Golden Giant, high quality 21in steel construction with steel roofs. Middle building is wired for climate control and has HVAC installed and plumbed for propane heating. 24 hour gate access. Installed by quality Calvin Controls and operated by Door King. Facility is fenced and camera protected. A/O

Supplements: ********

More Information MLS# 218013425

Location Property Info

Original List Price: 2250000 Sold Price: $2,250,000 Property Sub Type: Mixed Use Street #: 11681 Street Name: Johnstown Road Street Suffix: Road County: Franklin State: OH Zip Code: 43054 Township: Plain

OfficeContract Info

Status: Closed MLS Entry Date: 2018-04-26

General Property Info

Total SqFt Available: 25000 Bldg Sq Ft: 25000 Max Cont Sqft Avail: 25000 Minimum Sqft Avail: 25000 Occupancy Rate: 87 Number of Units: 144 # of Floors Above Gr: 1 Total Parking: 7 Year Built Status: 2014 Year Built: 2014 Use Code: 481 - MINI WAREHOUSE Acreage: 5

Tax Info

Parcel #: 220-O074C -031-06 Tax Abatement: No

Status Change Info

Under Contract Date: 2018-06-01 Sold Date: 2018-09-27 Sold Price: $2,250,000 Sold Price/SqFt: 90

Expenses

R.E. Taxes: 30000 Property Insurance: 7000 Repairs&Maintenance: 1000 Electricity Expense: 12000 Accounting & Legal: 1300 Property Management: 5000 Supplies: 1000

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: All Heat Fuel: Electric Heat Type: Heat Pump Electric: 3 Phase Water Source: Well Services Available: Electricity Available Construction: Metal Sprinkler: None Business Type: Industrial New Financing: Conventional; Owner Financing MLS Primary PhotoSrc: Realtor Provided
Listing Office: NextHome Experience
Listing Agent: Vadim Barash
Last Updated: January - 26 - 2025
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