264 S 3rd Street, Columbus, OH 43215
$1,800,000
Property Type:
Office
Square Footage:
8,494
Lot Size (sq. ft.):
11,761
Status:
Closed
Current Price:
$1,800,000
List Date:
11/16/2023
Last Modified:
3/03/2025
Overview
Description
262-266 South Third Street is a freestanding Retail/Office building in the middle of Downtown Columbus. It is a fully occupied three unit, income-producing asset.
This 8,494 SF building has been fully transformed by Roger Krajnak Architects and offers convenient on-site parking for employees and visitors. The renovated spaces have open-concept layouts with multiple conference rooms and flexibility for future uses. North facing Bay windows create potential. The fully sprinklered basement is prepped for occupancy allowing versatile utilization and additional tenancy. The rear, one-story portion of the roof is structurally ready for a roof terrace or a second-floor addition.
Listing Details MLS# 223037824
Location Property Info
- Original List Price
- 1799000
- Property Sub Type
- Office
- Street #
- 264
- Street PreDirection
- S
- Street Name
- 3rd
- Street Suffix
- Street
- County
- Franklin
- State
- OH
- Zip Code
- 43215
- Subdiv/Cmplx/Comm
- Downtown Columbus
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2023-11-16
General Property Info
- Total Available Sqft
- 8494
- Building Sqft
- 8494
- Max Cont Sqft Avail
- 3752
- # of Floors Above Gr
- 2
- Total Parking
- 10
- Use Code
- 447 - OFFICE BLDG 1 AND 2 STORY
- Year Built
- 1920
- Basement
- Yes
- Lot Size (Side)
- 187.5
- Acreage
- 0.27
- Minimum Sqft Avail
- 0
- # of Docks
- 0
- # of Elevators
- 0
Tax Info
- Parcel #
- 010-040486
- Tax Year
- 2022
- Tax Abatement
- No
- Taxes (Yrly)
- 20678
Status Change Info
- Under Contract Date
- 2024-02-17
- Sold Date
- 2024-07-17
- Sold Price/SqFt
- 211.91
Suite Info 1
- Suite #
- 266
- SQ FT
- 2942
More Information
Suite Info 2
- Suite #
- 264
- SQ FT
- 3752
Suite Info 3
- Suite #
- 262
- SQ FT
- 1800
Suite Info 4
- Suite #
- Lower Level
- SQ FT
- 5552
- Date Available
- 2023-12-07
Financials
- Gross Rental Income
- 159340
- Effective Income
- 134375.1
Expenses
- R.E. Taxes
- 19489
- Property Insurance
- 3000
Auction Info
- Auction/Online BiddingY/N
- No
Location & Property Info
- List Price/SqFt
- 211.8
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- No
- Lease Rate $/Sq Ft
- 20
Remarks & Misc
- Property Description
- 262-266 South Third Street is a freestanding Retail/Office building in the middle of Downtown Columbus. It is a fully occupied three unit, income-producing asset. This 8,494 SF building has been fully transformed by Roger Krajnak Architects and offers convenient on-site parking for employees and visitors. The renovated spaces have open-concept layouts with multiple conference rooms and flexibility for future uses. North facing Bay windows create potential. The fully sprinklered basement is prepped for occupancy allowing versatile utilization and additional tenancy. The rear, one-story portion of the roof is structurally ready for a roof terrace or a second-floor addition.
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
Construction
- Block
- Yes
- Metal
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
Heat Type
- Forced Air
- Yes
- Hot Water
- Yes
Miscellaneous
- Air Condition
- Yes
- Building Plans
- Yes
Alternate Uses
- Commercial
- Yes
Building Type
- Multi Tenant
- Yes
Sprinkler
- Wet
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Heat Type:
Forced Air; Hot Water
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer
Building Type:
Multi Tenant
Construction:
Block; Metal
Sprinkler:
Wet
Miscellaneous:
Air Condition; Building Plans
Alternate Uses:
Commercial
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
NAI Ohio Equities, Realtors
Listing Agent:
John W Mally
Last Updated: March - 03 - 2025
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