919-828-2930
306 E 5th Ave, Columbus, OH for Sale
Flex - FOR SALE
1/15
null | Request Cap Rate

306 E 5th Ave
Columbus, OH 43201
Weinland Park


HIGHLIGHTS

  • 5 parcels totaling 0.79 acres
  • Redevelopment Project

OVERVIEW

The property contains 5 parcels totaling 0.79 acres located on the northeast corner of E. Fifth Ave and N. 6th Street in Weinland Park neighborhood of Columbus, Ohio. The property is presently improved with a total of 20,772 sq. ft., 1-story brick and concrete block office/showroom/warehouse with 5,175 sq. ft. (25%) finished area. The warehouse areas have 12’-16’ ceiling heights and 5 overhead drive-in doors throughout. The property is occupied by National Seating and Mobility with a base rent of $5,293.75 monthly ($3.06 per sq. ft.) on a NNN Lease plus an annual allowance of $5,000. in repairs. Lease expiration, November 15, 2027 with no renewal. Tennant has been notified that owner does not intend to renew. Documentation available upon request.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Showroom, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79

LAND SF

34,412

ZONING

C-4

APN/PARCEL ID

010-066867

ASK ABOUT THIS PROPERTY

Scott JonesPrincess Holdings LLCMore Info
919-828-2930

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Scott JonesPrincess Holdings LLCMore Info
919-828-2930

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.