740 Grandview Avenue, Columbus, OH 43215 (MLS# 224029934)

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

Overview

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!

Listing Details MLS# 224029934

Location Property Info

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

OfficeContract Info

MLS Entry Date: 2024-08-24

General Property Info

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

Tax Info

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

Status Change Info

Under Contract Date: 2024-09-07
Sold Date: 2024-09-30
Sold Price/SqFt: 1652.05

Auction Info

Auction/Online Bidding Y/N: No

More Information

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

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!

Income/Expenses

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

Addl Acceptance Cond

None Known: Yes

T Reimburses L

Curr Yr Est $/SF TRL: 0

T Contracts Directly

All Utilities: Yes
Cam: Yes
Janitorial: Yes
Repairs: Yes

Misc Int & Ext Info

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

Construction

Block: Yes

Heat Fuel

Gas: Yes

Services Available

Electricity Available: Yes
Natural Gas Available: Yes
Water Available: Yes

Heat Type

Forced Air: Yes

Electric

Single Phase: Yes

Miscellaneous

EPA Study: Yes

Alternate Uses

Commercial: Yes
Office: Yes

Sprinkler

None: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

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

Documents

Marketing Flyer ›

Listing Office: Reafco

Listing Agent: Jeffrey Tyndall

Last Updated: September - 30 - 2024

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