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
Documents
Listing Office:
Howard Hanna Real Estate Svcs
Listing Agent:
Douglas T Tenenbaum
Last Updated: January - 18 - 2025
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