50 Old Village Road, Columbus, OH 43228
$1,130,000
Property Type:
Commercial Lease
Square Footage:
20,076
Lot Size (sq. ft.):
39,640
Status:
Closed
Current Price:
$1,130,000
List Date:
7/07/2015
Last Modified:
1/10/2025
Overview
Description
Old Village Professional Building – 20,076 SF two story brick medical office building with long term tenants and many upgrades. Built in 1962 with many upgrades, excellent marquee signage, total wired and wireless connect security system, and electronic locking doors with 16 separate security cameras. 2011 upgrade of T-8 lighting thru-out, 2010 roof replacement, 2005 enlarged parking lot expansion and upgraded landscaping, upgrade phone and IT cabling, 18 electric meters, 18 gas meters with upgrade HVAC units and programmable thermostats, motion lights in bathrooms, with auto flush installations, 2011 total remodel suite (Ohio Health) completed. Handicap ramps installed for both levels, well kept building with many other upgrades and improvements, excellent rental history. 11.1% cap
Listing Details MLS# 215024062
Location Property Info
- Original List Price
- 1350000
- Property Sub Type
- Office
- Street #
- 50
- Street Name
- Old Village
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43228
- Township
- Prairie
OfficeContract Info
- MLS Entry Date
- 2015-07-07
General Property Info
- Previous Use
- office
- Occupancy Rate
- 87
- Total Available Sqft
- 2605
- Building Sqft
- 20076
- Max Cont Sqft Avail
- 1933
- Minimum Sqft Avail
- 672
- # of Floors Above Gr
- Yes
- Total Parking
- 57
- Year Built
- 1962
- Acreage
- 0.91
- # of Docks
- 0
- # of Elevators
- 0
Tax Info
- Parcel #
- 240-002305
- Zoning
- office
- Mult Parcels/Sch Dis
- No
- Tax Year
- 2014
- Taxes (Yrly)
- 30767
Status Change Info
- Under Contract Date
- 2017-01-17
- Sold Date
- 2017-03-03
- Sold Price/SqFt
- 433.78
Suite Info 3
- Suite #
- Yes
- SQ FT
- 1933
More Information
Auction Info
- Auction/Online BiddingY/N
- No
Location & Property Info
- List Price/SqFt
- 470.25
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- None
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- Yes
- Lease Rate $/Sq Ft
- 12.5
Remarks & Misc
- Property Description
- Old Village Professional Building – 20,076 SF two story brick medical office building with long term tenants and many upgrades. Built in 1962 with many upgrades, excellent marquee signage, total wired and wireless connect security system, and electronic locking doors with 16 separate security cameras. 2011 upgrade of T-8 lighting thru-out, 2010 roof replacement, 2005 enlarged parking lot expansion and upgraded landscaping, upgrade phone and IT cabling, 18 electric meters, 18 gas meters with upgrade HVAC units and programmable thermostats, motion lights in bathrooms, with auto flush installations, 2011 total remodel suite (Ohio Health) completed. Handicap ramps installed for both levels, well kept building with many other upgrades and improvements, excellent rental history. 11.1% cap
Income/Expenses
- Gross Income
- 244000
- Net Operating Income
- 74668
- Total Expenses
- 169332
Addl Acceptance Cond
- None Known
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Best Corporate Real Estate
Listing Agent:
Randy J Best
Last Updated: January - 10 - 2025
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