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
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.
Supplements: ********
More Information MLS# 223037824
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
General Property Info
Max Cont Sqft Avail: 3752
Minimum Sqft Avail: 0
Total Available Sqft: 8494
Total Parking: 10
# of Docks: 0
Building Sqft: 8494
Lot Size (Side): 187.5
# of Elevators: 0
Use Code: 447 - OFFICE BLDG 1 AND 2 STORY
Basement: Yes
# of Floors Above Gr: 2
Year Built: 1920
Acreage: 0.27
Tax Info
Tax Abatement: No
Taxes (Yrly): 20678
Parcel #: 010-040486
Tax Year: 2022
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.
Status Change Info
Sold Price/SqFt: 211.91
Under Contract Date: 2024-02-17
Sold Date: 2024-07-17
Sold Price: $1,800,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Suite Info 1
Suite #: 266
SQ FT: 2942
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
Construction
Block: 1
Metal: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Heat Type
Forced Air: 1
Hot Water: 1
Miscellaneous
Air Condition: 1
Building Plans: 1
Alternate Uses
Commercial: 1
Building Type
Multi Tenant: 1
Auction Info
Auction/Online BiddingY/N: No
Sprinkler
Wet: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1799000
Sold Price: $1,800,000
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
Status: Closed
MLS Entry Date: 2023-11-16
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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