345 E 5th Avenue, Columbus, OH 43201

$9,500,000
Property Type: Office Square Footage: 70,455 Lot Size (sq. ft.): 120,661 Status: Closed
Current Price: $9,500,000 List Date: 7/25/2023 Last Modified: 3/02/2025

Description

REDEVELOPMENT OPPORTUNITY- ITALIAN VILLAGE DISTRICT Sale includes the Largest C-447 Office Building Available in area. COMMERCIAL BUILDING # 1 65,172 SF AND BUILDING #2 5,283 + SF WAREHOUSE /STORAGE on 2.77 ACRE SITE. This a great opportunity for Redevelopment in one the fastest growing areas in the City of Columbus. Located in Italian Village District as part of the Short North area surrounded by major construction of apartments building on each side. This area has the highest home value appreciation in Columbus. With neighbors Downtown District and Central Business District which provides access to major employers, culture and learning institutions and entertainment venues. Within 1.5 miles from The Ohio State University and Approx. 8 miles from John Glenn Airport.

Supplements: ********

More Information MLS# 223023488

Location Property Info

Original List Price: 9800000 Sold Price: $9,500,000 Property Sub Type: Office Street #: 345 Street PreDirection: E Street Name: 5th Street Suffix: Avenue County: Franklin State: OH Zip Code: 43201 Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2023-07-25

General Property Info

Total Available Sqft: 70455 Building Sqft: 70455 Max Cont Sqft Avail: 70455 Minimum Sqft Avail: 70455 # of Floors Above Gr: 2 # of Elevators: 1 # of Docks: 2 Total Parking: 200 Use Code: 447 - OFFICE BLDG 1 AND 2 STORY Year Built: 1963 Basement: No Acreage: 2.77

Tax Info

Parcel #: 010-112355 Zoning: C-447 Office Tax Year: 2022 Tax Abatement: No Taxes (Yrly): 94229

Status Change Info

Under Contract Date: 2024-08-30 Sold Date: 2024-09-30 Sold Price: $9,500,000 Sold Price/SqFt: 134.84

Auction Info

Auction/Online BiddingY/N: No

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: Douglas & Associates Realty
Listing Agent: Stephan Douglas
Last Updated: March - 02 - 2025
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