5441 Westerville Road, Westerville, OH 43081
$1,040,000
Property Type:
Commercial Lease
Square Footage:
9,208
Lot Size (sq. ft.):
45,302
Status:
Closed
Current Price:
$1,040,000
List Date:
1/14/2022
Last Modified:
2/21/2025
Overview
Description
7.5 Cap! Great opportunity for an investor or owner operator to own a high quality, versatile property, located in one of Columbus' best suburbs. The property offers multiple ways of producing income, consisting of warehouse, retail, and office space.There is a combined total of 9,208 SF between the mixed use building and the prefab warehouse situated on 1.04 acres. The property features over $200,000 in updates including cabinets, floors, electric, HVAC, and more. There are 8 individual storage units attached to the property and over 30 parking spaces. The property sits on a high traffic street with great signage and is conveniently located near I-270 and 161.
Listing Details MLS# 221048541
Location Property Info
- Original List Price
- 1100000
- Property Sub Type
- Mixed Use
- Street #
- 5441
- Street Name
- Westerville
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43081
- Township
- Blendon
OfficeContract Info
- MLS Entry Date
- 2021-12-27
General Property Info
- Total SqFt Available
- 9208
- Bldg Sq Ft
- 9208
- Max Cont Sqft Avail
- 9208
- Minimum Sqft Avail
- 2000
- # of Floors Above Gr
- 2
- Year Built
- 1963
- Acreage
- 1.04
- # of Docks
- 0
Tax Info
- Parcel #
- 110-000366
- Tax Year
- 2020
- Tax Abatement
- No
- Taxes (Yrly)
- 12570
Status Change Info
- Under Contract Date
- 2022-05-11
- Sold Date
- 2022-05-23
- Sold Price/SqFt
- 112.95
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Location & Property Info
- List Price/SqFt
- 119.46
- City (Mailing Addr)
- Westerville
- Corp LimitPerAuditor
- Westerville
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- Yes
- Lease Rate $/Sq Ft
- 12
Remarks & Misc
- Property Description
- 7.5 Cap! Great opportunity for an investor or owner operator to own a high quality, versatile property, located in one of Columbus' best suburbs. The property offers multiple ways of producing income, consisting of warehouse, retail, and office space.There is a combined total of 9,208 SF between the mixed use building and the prefab warehouse situated on 1.04 acres. The property features over $200,000 in updates including cabinets, floors, electric, HVAC, and more. There are 8 individual storage units attached to the property and over 30 parking spaces. The property sits on a high traffic street with great signage and is conveniently located near I-270 and 161.
Income/Expenses
- Gross Income
- 128196
- Net Operating Income
- 82732.47
- Total Expenses
- 45463.53
Addl Acceptance Cond
- None Known
- Yes
Expenses Paid by L
- Building Insurance
- Yes
- Cam
- Yes
- RE Taxes
- Yes
T Reimburses L
- Janitorial
- Yes
- Utilities
- Yes
- Curr Yr Est $/SF TRL
- 0
Construction
- Block
- Yes
Business Type
- Auto Service
- Yes
- Industrial
- Yes
- Professional/Office
- Yes
- Retail
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Expenses Paid by L:
Building Insurance; Cam; RE Taxes
T Reimburses L:
Janitorial; Utilities
Construction:
Block
Business Type:
Auto Service; Industrial; Professional/Office; Retail
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Howard Hanna Real Estate Svcs
Listing Agent:
Woodrow Walton
Last Updated: February - 21 - 2025
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