4250 W Broad Street, Columbus, OH 43228

$1,000,000
Property Type: Commercial Lease Square Footage: 19,393 Lot Size (sq. ft.): 53,143 Status: Closed
Current Price: $1,000,000 List Date: 5/05/2017 Last Modified: 1/10/2025

Description

Former HH Gregg now Payless Furniture at 4250 W. Broad St. 19,393 SF freestanding retail on 1.23 acres. Fantastic visibility at first light East of I - 270 & Broad Street exit. Outstanding pylon signage with exposure to 100,000 VPD on I - 270 at Hollywood Casino exit. Currently leased at $12,000/month though 10/18 (do not disturb on going business/employees). 15,514 SF of retail space and 3,879 warehouse with dock. Property is for sale at $1,200,000 or lease at $5.00 PSF NNN. Fantastic parking and exposure. Ideal for any owner user, retailer or commercial use. Traffic light entrance and immediate access to I - 270 via Broad Street exit. Redeveloping area with high traffic on main artery to Hollywood Casino. Please contact agent for additional details.

Supplements: ********

More Information MLS# 215022451

Location Property Info

Original List Price: 1599000 Sold Price: $1,000,000 Property Sub Type: Retail Street #: 4250 Street PreDirection: W Street Name: Broad Street Suffix: Street County: Franklin State: OH Zip Code: 43228 Subdiv/Cmplx/Comm: Former HH Gregg - Payless Furniture Township: Franklin

OfficeContract Info

Status: Closed MLS Entry Date: 2015-06-24

General Property Info

Previous Use: Retail/Furniture Total SqFt Available: 19393 Bldg Sq Ft: 19393 Max Cont Sqft Avail: 19393 Minimum Sqft Avail: 19393 Occupancy Rate: 100 # of Docks: 1 Dock Size: 12X12 Number of Units: 1 # of Floors Above Gr: 1 Total Parking: 40 Year Built Status: 1968 Year Built: 1968 Use Code: 429 - OTHER RETAIL STRUCTURES Lot Size (Side): 465 Acreage: 1.22

Tax Info

Parcel #: 140-003283-00 Zoning: Commercial Mult Parcels/Sch Dis: No Assessment: None Known Tax Year: 2014 Taxes (Yrly): 34626 Tax Incentive: No

Status Change Info

Under Contract Date: 2017-04-01 Sold Date: 2017-05-01 Sold Price: $1,000,000 Sold Price/SqFt: 51.56

T Reimburses L

Curr Yr Est $/SF TRL: 2.25

Lease Info

Term Desired: 5 Will LL Remodel: No

Suite Info 1

SQ FT: 19393 Date Available: 2015-08-01

Financials

Financials ForYearOf: 2014 Gross Rental Income: 144000 Effective Income: 144000

Expenses

R.E. Taxes: 34626 Property Insurance: 5085

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: Y Seller/Buyer Concessions: Y

Property Features

Addl Acceptance Cond: None Known T Reimburses L: All; Building Insurance; Cam; Janitorial; Maint/Repairs; RE Taxes; Utilities Heat Fuel: Gas Heat Type: Forced Air Electric: 3 Phase; Single Phase Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block Sprinkler: None Business Type: Arts and Entertainment; Auto Service; Church; Restaurant; Retail; Shopping Center MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Gregory Hrabcak
Last Updated: January - 10 - 2025
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