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
Documents
Listing Office:
Crites Realty Company
Listing Agent:
John H Crites
Last Updated: February - 12 - 2025
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