146 Granville Street, Gahanna, OH 43230

$1,499,000
Property Type: Office Square Footage: 9,179 Lot Size (sq. ft.): 25,265 Status: Closed
Current Price: $1,499,000 List Date: 11/16/2016 Last Modified: 1/18/2025

Overview

Description

8.66% Cap Rate. 100% occupied. 6 tenants (3 have been in place for 13-20+ yrs). Property consists of 2 one-story office buildings (146 & 156 Granville St) built in 1996, totaling 9,179 Sq. Ft. on 0.579 acre lot. Updated HVAC & roof. Tenants include a family real estate office, 2 law firms, a counseling firm, a physical therapy & dentist. Tenants pay electric and gas. Great location in Olde Gahanna on Granville St near Creekside and Mill Street.

Listing Details MLS# 216040968

Location Property Info

Original List Price
1588000
Property Sub Type
Office
Street #
146
Street Name
Granville
Street Suffix
Street
County
Franklin
State
OH
Zip Code
43230
Township
Mifflin

OfficeContract Info

MLS Entry Date
2016-11-16

General Property Info

Occupancy Rate
100
Total Available Sqft
9179
Building Sqft
9179
# of Floors Above Gr
Yes
Total Parking
36
Use Code
447 - OFFICE BLDG 1 AND 2 STORY
Year Built
1996
Basement
No
Acreage
0.58
Max Cont Sqft Avail
0
Minimum Sqft Avail
0
# of Docks
0
# of Elevators
0

Tax Info

Parcel #
025-000027
Zoning
OG-2
Tax Year
2015
Tax Abatement
No
Taxes (Yrly)
35172

Status Change Info

Under Contract Date
2017-06-26
Sold Date
2017-08-16
Sold Price/SqFt
163.31

T Reimburses L

Curr Yr Est $/SF TRL
5.44
Cam
Yes

More Information

Financials

Financials ForYearOf
2017
Gross Rental Income
179775
Effective Income
179775

Expenses

R.E. Taxes
35172
Property Insurance
2454
Water Expense
2235
Contract Svc Expense
10087

Auction Info

Auction/Online BiddingY/N
No

Location & Property Info

List Price/SqFt
163.31
City (Mailing Addr)
Gahanna
Corp LimitPerAuditor
Gahanna
Dist To Intersxn
1

Office/Contract Info

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

Remarks & Misc

Property Description
8.66% Cap Rate. 100% occupied. 6 tenants (3 have been in place for 13-20+ yrs). Property consists of 2 one-story office buildings (146 & 156 Granville St) built in 1996, totaling 9,179 Sq. Ft. on 0.579 acre lot. Updated HVAC & roof. Tenants include a family real estate office, 2 law firms, a counseling firm, a physical therapy & dentist. Tenants pay electric and gas. Great location in Olde Gahanna on Granville St near Creekside and Mill Street.

Income/Expenses

Gross Income
179775
Net Operating Income
129826
Total Expenses
49949

Addl Acceptance Cond

None Known
Yes

Expenses Paid by L

Building Insurance
Yes
Janitorial
Yes
Repairs
Yes
RE Taxes
Yes

T Contracts Directly

All Utilities
Yes

Misc Int & Ext Info

Parking Ratio
4

Construction

Frame
Yes

Heat Fuel

Gas
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Heat Type

Forced Air
Yes

Miscellaneous

Air Condition
Yes
Handicap Access
Yes
Public Transport
Yes

Building Type

Multi Tenant
Yes

New Financing

Conventional
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: Building Insurance; Janitorial; Repairs; RE Taxes T Reimburses L: Cam T Contracts Directly: All Utilities Heat Fuel: Gas Heat Type: Forced Air Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Building Type: Multi Tenant Construction: Frame Miscellaneous: Air Condition; Handicap Access; Public Transport New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Douglas T Tenenbaum
Last Updated: January - 18 - 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 2026 Columbus Board of Realtors. All rights reserved.