4900 Reed Road, Columbus, OH 43220

$1,750,000
Property Type: Commercial Lease Square Footage: 28,632 Lot Size (sq. ft.): 40,075 Status: Closed
Current Price: $1,750,000 List Date: 8/30/2021 Last Modified: 2/12/2025

Overview

Description

Curb offers only. Do not disturb tenants The 4900 Reed Road Professional Office Building is a beautiful Upper Arlington area building that caters to small businesses and is a home for a variety of professionals -- Doctors, CPAs, Physical Therapists, Attorneys, Financial Advisors, non-profits organizations and so on. The building is an idea investment for this market area. It is close to 100% occupied while still showing great upside potential.

Listing Details MLS# 221003743

Location Property Info

Original List Price
2100000
Property Sub Type
Office
Street #
4900
Street Name
Reed
Street Suffix
Road
County
Franklin
State
OH
Zip Code
43220
Township
None

OfficeContract Info

MLS Entry Date
2021-02-09

General Property Info

Total Available Sqft
28632
Building Sqft
28632
Max Cont Sqft Avail
28632
Minimum Sqft Avail
450
# of Floors Above Gr
2
# of Elevators
Yes
Year Built
1972
Acreage
0.92
# of Docks
0

Tax Info

Parcel #
010-010509
Tax Year
2019
Tax Abatement
No
Taxes (Yrly)
34101

Status Change Info

Under Contract Date
2021-08-09
Sold Date
2021-08-26
Sold Price/SqFt
61.12

T Reimburses L

Curr Yr Est $/SF TRL
22000

More Information

Auction Info

Auction/Online BiddingY/N
No

Location & Property Info

List Price/SqFt
73.34
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
Yes
Lease Rate $/Sq Ft
12

Remarks & Misc

Property Description
Curb offers only. Do not disturb tenants The 4900 Reed Road Professional Office Building is a beautiful Upper Arlington area building that caters to small businesses and is a home for a variety of professionals -- Doctors, CPAs, Physical Therapists, Attorneys, Financial Advisors, non-profits organizations and so on. The building is an idea investment for this market area. It is close to 100% occupied while still showing great upside potential.

Income/Expenses

Gross Income
264768
Net Operating Income
162252
Total Expenses
101430

Addl Acceptance Cond

None Known
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: Crites Realty Company
Listing Agent: John H Crites
Last Updated: February - 12 - 2025
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