740 Grandview Avenue, Columbus, OH 43215

$991,230
Property Type: Industrial Square Footage: 5,624 Lot Size (sq. ft.): 11,761 Status: Closed
Current Price: $991,230 List Date: 8/24/2024 Last Modified: 9/30/2024

Description

Introducing 740 Grandview Ave, a 5,624 sq. ft. commercial warehouse offering owner-occupant benefits and rental income. Occupy the front and middle spaces while a 1,224 sq. ft. tenant leases the back until 2026 at $1,200/month with 3% annual increases. The tenant, a quiet furniture restorer, has 2 parking spaces. The property also includes 8+/- dedicated parking spaces. The front office features a private kitchenette, bathroom, and individual heating/cooling. The renovated 4,000 sq. ft. middle space has a 12x12 drive-in door, modern finishes, huge custom windows, two bathrooms, two showers, a large kitchenette, and central air/heating. Located across from Grandview Crossing, this is a rare chance to own a prime commercial property with built-in income. Schedule a viewing today!

Supplements: ********

More Information MLS# 224029934

Location & Property Info

List Price/SqFt: 1750 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus Dist to Interchange: 0.2

Office/Contract Info

For Sale: Yes Exchange: No For Lease: No Lease Rate $/Sq Ft: 0

General Property Info

Max Cont Sqft Avail: 5624 Minimum Sqft Avail: 5624 Office Sq Ft: 600 # of Docks: 0 Use Code: 455 - COMMERCIAL GARAGE SqFt ATFLS: 5624 # of Floors Above Gr: 1 Year Built: 1947 Acreage: 0.27

Tax Info

Tax Abatement: No Taxes (Yrly): 8547 Parcel #: 010-129555 Tax Year: 2023

Remarks & Misc

Property Description: Introducing 740 Grandview Ave, a 5,624 sq. ft. commercial warehouse offering owner-occupant benefits and rental income. Occupy the front and middle spaces while a 1,224 sq. ft. tenant leases the back until 2026 at $1,200/month with 3% annual increases. The tenant, a quiet furniture restorer, has 2 parking spaces. The property also includes 8+/- dedicated parking spaces. The front office features a private kitchenette, bathroom, and individual heating/cooling. The renovated 4,000 sq. ft. middle space has a 12x12 drive-in door, modern finishes, huge custom windows, two bathrooms, two showers, a large kitchenette, and central air/heating. Located across from Grandview Crossing, this is a rare chance to own a prime commercial property with built-in income. Schedule a viewing today!

Status Change Info

Sold Price/SqFt: 1652.05 Under Contract Date: 2024-09-07 Sold Date: 2024-09-30 Sold Price: $991,230

Income/Expenses

Gross Income: 14400 Net Operating Income: 14400 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

T Contracts Directly

All Utilities: 1 Cam: 1 Janitorial: 1 Repairs: 1

Misc Int & Ext Info

Ceiling Height Ft: 13 Drive-In Doors Size: 10x10 Ceiling Ht Inches: 2 Max Ceiling Ht Feet: 16

Construction

Block: 1

Heat Fuel

Gas: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Water Available: 1

Heat Type

Forced Air: 1

Electric

Single Phase: 1

Miscellaneous

EPA Study: 1

Alternate Uses

Commercial: 1 Office: 1

Auction Info

Auction/Online Bidding Y/N: No

Sprinkler

None: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1050000 Sold Price: $991,230 Property Sub Type: Mixed Use Street #: 740 Street Name: Grandview Street Suffix: Avenue County: Franklin State: OH Zip Code: 43215 Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2024-08-24

Property Features

Addl Acceptance Cond: None Known T Contracts Directly: All Utilities; Cam; Janitorial; Repairs Heat Fuel: Gas Heat Type: Forced Air Electric: Single Phase Services Available: Electricity Available; Natural Gas Available; Water Available Construction: Block Sprinkler: None Miscellaneous: EPA Study Alternate Uses: Commercial; Office MLS Primary PhotoSrc: Realtor Provided
Listing Office: Reafco
Listing Agent: Jeffrey Tyndall
Last Updated: September - 30 - 2024
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