1905 Balt-Reyn Road, Reynoldsburg, OH 43068
$1,475,000
Property Type:
Commercial Lease
Square Footage:
19,032
Lot Size (sq. ft.):
138,956
Status:
Closed
Current Price:
$1,475,000
List Date:
2/13/2018
Last Modified:
1/25/2025
Description
Great Neighborhood Retail Center located on busy State Route 256. Many long-term tenants.
Supplements: ********
More Information MLS# 218003891
Location & Property Info
List Price/SqFt: 81.44
City (Mailing Addr): Reynoldsburg
Dist To Interchange: 0.8
Corp LimitPerAuditor: Reynoldsburg
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 12
General Property Info
Total SqFt Available: 19032
Bldg Sq Ft: 19032
Max Cont Sqft Avail: 19032
Minimum Sqft Avail: 1200
Occupancy Rate: 85
Total Parking: 107
# of Docks: 0
Lot Size (Side): 850
Use Code: 425 - NEIGHBORHOOD SHOPPING CTR
Number of Units: 9
# of Floors Above Gr: 1
Year Built: 1989
Acreage: 3.19
Tax Info
Zoning: CC
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 43139
Tax Incentive: No
Parcel #: 060-004109
Tax Year: 2017
Remarks & Misc
Property Description: Great Neighborhood Retail Center located on busy State Route 256. Many long-term tenants.
Status Change Info
Sold Price/SqFt: 77.5
Under Contract Date: 2018-06-01
Sold Date: 2018-07-02
Sold Price: $1,475,000
Income/Expenses
Gross Income: 212333.16
Net Operating Income: 90289.89
Total Expenses: 122043.27
Addl Acceptance Cond
None Known: 1
T Reimburses L
Building Insurance: 1
Cam: 1
Maint/Repairs: 1
RE Taxes: 1
Utilities: 1
Curr Yr Est $/SF TRL: 5.5
T Contracts Directly
All Utilities: 1
Repairs: 1
Lease Info
Term Desired: 3-5 years
Will LL Remodel: No
Pass Exp Over BaseYr: Yes
Suite Info 1
Suite #: 1911
SQ FT: 1200
Misc Int & Ext Info
Bay Size (Width): 20
Bay Size (Depth): 60
Ceiling Height Ft: 9
Parking Ratio/1000: 9.3
Construction
Block: 1
Metal: 1
Heat Fuel
Gas: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Heat Type
Forced Air: 1
Electric
Single Phase: 1
Auction Info
Auction/Online Bidding Y/N: No
Sprinkler
None: 1
Business Type
Professional/Office: 1
Retail: 1
Shopping Center: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1550000
Sold Price: $1,475,000
Property Sub Type: Shopping Center
Street #: 1905
Street Name: Balt-Reyn
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43068
Township: Truro
OfficeContract Info
Status: Closed
MLS Entry Date: 2018-02-13
Property Features
Addl Acceptance Cond: None Known
T Reimburses L: Building Insurance; Cam; Maint/Repairs; RE Taxes; Utilities
T Contracts Directly: All Utilities; Repairs
Heat Fuel: Gas
Heat Type: Forced Air
Electric: Single Phase
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Construction: Block; Metal
Sprinkler: None
Business Type: Professional/Office; Retail; Shopping Center
MLS Primary PhotoSrc: Realtor Provided
Documents
Site Plan & Parking ›Listing Office: Polis & Simon, Inc., Realtors
Listing Agent: Joseph Polis
Last Updated: January - 25 - 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 2020 Columbus Board of Realtors. All rights reserved.
