279-285 N State Street, Westerville, OH 43081

$1,800,000
Property Type: Commercial Square Footage: 15,248 Lot Size (sq. ft.): 79,715 Status: Closed
Current Price: $1,800,000 List Date: 1/24/2023 Last Modified: 2/27/2025

Overview

Description

Located in uptown Westerville. New parking lot in 2023, New roof in 2020, 4 new furnaces and AC units (2019-2022), new monument sign, and renovated lobby and suites!

Listing Details MLS# 223001939

Location Property Info

Original List Price
1900000
Property Sub Type
Mixed Use
Street #
279-285
Street PreDirection
N
Street Name
State
Street Suffix
Street
County
Franklin
State
OH
Zip Code
43081
Township
None

OfficeContract Info

MLS Entry Date
2023-01-24

General Property Info

Total SqFt Available
15248
Bldg Sq Ft
15248
Max Cont Sqft Avail
15248
Minimum Sqft Avail
15248
# of Floors Above Gr
2
Year Built
1990
Acreage
1.83
# of Docks
0

Tax Info

Parcel #
080-011312
Tax Year
2021
Tax Abatement
No
Taxes (Yrly)
19372

Status Change Info

Under Contract Date
2023-03-15
Sold Date
2023-03-31
Sold Price/SqFt
118.05

Financials

Financials ForYearOf
2022
Gross Rental Income
205000

More Information

Expenses

R.E. Taxes
19231
Property Insurance
2383
Gas Expense
5151.43
Water Expense
1189

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
124.61
City (Mailing Addr)
Westerville
Corp LimitPerAuditor
Westerville

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
14

Remarks & Misc

Property Description
Located in uptown Westerville. New parking lot in 2023, New roof in 2020, 4 new furnaces and AC units (2019-2022), new monument sign, and renovated lobby and suites!

Income/Expenses

Gross Income
205000
Net Operating Income
156000
Total Expenses
49000

Addl Acceptance Cond

None Known
Yes

Expenses Paid by L

All
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

T Contracts Directly

Janitorial
Yes

Construction

Block
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

Business Type

Professional/Office
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: All T Contracts Directly: Janitorial Heat Fuel: Gas Heat Type: Forced Air Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block Business Type: Professional/Office MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Excel Realty
Listing Agent: Joseph A Janszen
Last Updated: February - 27 - 2025
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