4250 W Broad Street, Columbus, OH 43228 (MLS# 215022451)

4250 W Broad Street, Columbus, OH 43228

$1,000,000

Property Type: Commercial Lease Square Footage: 19,393 Lot Size (sq. ft.): 53,143 Status: Closed

Current Price: $1,000,000 List Date: 5/05/2017 Last Modified: 1/10/2025

Overview

Description

Former HH Gregg now Payless Furniture at 4250 W. Broad St. 19,393 SF freestanding retail on 1.23 acres. Fantastic visibility at first light East of I - 270 & Broad Street exit. Outstanding pylon signage with exposure to 100,000 VPD on I - 270 at Hollywood Casino exit. Currently leased at $12,000/month though 10/18 (do not disturb on going business/employees). 15,514 SF of retail space and 3,879 warehouse with dock. Property is for sale at $1,200,000 or lease at $5.00 PSF NNN. Fantastic parking and exposure. Ideal for any owner user, retailer or commercial use. Traffic light entrance and immediate access to I - 270 via Broad Street exit. Redeveloping area with high traffic on main artery to Hollywood Casino. Please contact agent for additional details.

Listing Details MLS# 215022451

Location Property Info

Original List Price: 1599000
Property Sub Type: Retail
Street #: 4250
Street PreDirection: W
Street Name: Broad
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43228
Subdiv/Cmplx/Comm: Former HH Gregg - Payless Furniture
Township: Franklin

OfficeContract Info

MLS Entry Date: 2015-06-24

General Property Info

Previous Use: Retail/Furniture
Total SqFt Available: 19393
Bldg Sq Ft: 19393
Max Cont Sqft Avail: 19393
Minimum Sqft Avail: 19393
Occupancy Rate: 100
# of Docks: Yes
Dock Size: 12X12
Number of Units: Yes
# of Floors Above Gr: Yes
Total Parking: 40
Year Built Status: 1968
Year Built: 1968
Use Code: 429 - OTHER RETAIL STRUCTURES
Lot Size (Side): 465
Acreage: 1.22

Tax Info

Parcel #: 140-003283-00
Zoning: Commercial
Mult Parcels/Sch Dis: No
Assessment: None Known
Tax Year: 2014
Taxes (Yrly): 34626
Tax Incentive: No

Status Change Info

Under Contract Date: 2017-04-01
Sold Date: 2017-05-01
Sold Price/SqFt: 51.56

T Reimburses L

Curr Yr Est $/SF TRL: 2.25

More Information

Lease Info

Term Desired: 5
Will LL Remodel: No

Suite Info 1

SQ FT: 19393
Date Available: 2015-08-01

Financials

Financials ForYearOf: 2014
Gross Rental Income: 144000
Effective Income: 144000

Expenses

R.E. Taxes: 34626
Property Insurance: 5085

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: Y
Seller/Buyer Concessions: Y

Property Features

Addl Acceptance Cond: None Known T Reimburses L: All; Building Insurance; Cam; Janitorial; Maint/Repairs; RE Taxes; Utilities Heat Fuel: Gas Heat Type: Forced Air Electric: 3 Phase; Single Phase Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block Sprinkler: None Business Type: Arts and Entertainment; Auto Service; Church; Restaurant; Retail; Shopping Center MLS Primary PhotoSrc: Realtor Provided

Listing Office: Howard Hanna Real Estate Svcs

Listing Agent: Gregory J Hrabcak

Last Updated: January - 10 - 2025

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