1395 E Dublin Granville Road, Columbus, OH 43229

$1,300,000
Property Type: Office Square Footage: 41,400 Lot Size (sq. ft.): 71,438 Status: Closed
Current Price: $1,300,000 List Date: 1/24/2019 Last Modified: 1/27/2025

Overview

Description

ADA Accessible and conveniently located, this mid-rise building has a solid history of office-rental success and is ready to be passed on to the next owner. The most recent configuration accommodates 29 suites and has an occupancy rate of approximately 90%. Additionally, the leased spaces, of the excessive 122 asphalt parking capacity, provide additional income. An analysis, of market conditions for competing inventory, indicates the overall market conditions as stable. With a new 2017-installed water tower and no-known major repairs needed, a secure income-minded investor might want to jump onto this great opportunity!

Listing Details MLS# 218023444

Location Property Info

Original List Price
1550000
Property Sub Type
Office
Street #
1395
Street PreDirection
E
Street Name
Dublin Granville
Street Suffix
Road
County
Franklin
State
OH
Zip Code
43229
Township
None

OfficeContract Info

MLS Entry Date
2018-06-27

General Property Info

Previous Use
Office Rentals
Occupancy Rate
90
Total Available Sqft
41400
Building Sqft
41400
# of Floors Above Gr
4
# of Elevators
Yes
Total Parking
122
Year Built
1972
Basement
Yes
Acreage
1.64
Max Cont Sqft Avail
0
Minimum Sqft Avail
0
# of Docks
0

Tax Info

Parcel #
010-047952
Zoning
C (''ARO'')
Mult Parcels/Sch Dis
No
Tax Year
2017
Tax Abatement
No
Taxes (Yrly)
40311
Tax Incentive
No

Status Change Info

Under Contract Date
2019-06-05
Sold Date
2019-06-06
Sold Price/SqFt
31.4

Auction Info

Auction/Online BiddingY/N
No

More Information

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/SqFt
37.44
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus
Dist To Intersxn
0.1

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
0

Remarks & Misc

Property Description
ADA Accessible and conveniently located, this mid-rise building has a solid history of office-rental success and is ready to be passed on to the next owner. The most recent configuration accommodates 29 suites and has an occupancy rate of approximately 90%. Additionally, the leased spaces, of the excessive 122 asphalt parking capacity, provide additional income. An analysis, of market conditions for competing inventory, indicates the overall market conditions as stable. With a new 2017-installed water tower and no-known major repairs needed, a secure income-minded investor might want to jump onto this great opportunity!

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

Services Available

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Heat Type

Heat Pump
Yes

Miscellaneous

Air Condition
Yes
Handicap Access
Yes

Building Type

Multi Tenant
Yes

Sprinkler

None
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Heat Type: Heat Pump Services Available: Electricity Available; Sewer Available; Water Available Building Type: Multi Tenant Sprinkler: None Miscellaneous: Air Condition; Handicap Access MLS Primary PhotoSrc: Realtor Provided
Listing Office: LEPI & ASSOCIATES
Listing Agent: Amanda Hitchcock
Last Updated: January - 27 - 2025
Broker Attribution: 740-455-3730

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