510 E North Broadway St - Office FOR SALE


Columbus, OH 43214- Clintonville
$3,650,000 USD
216-777-3049
510 E North Broadway St, Columbus, OH for Sale
$3,650,000 USD
Office - FOR SALE
1/3
null | 8.57% Cap Rate

510 E North Broadway St
Columbus, OH 43214
Clintonville


HIGHLIGHTS

  • Significant Capital Reinvestment: The property has recently benefited from meaningful upgrades, including $800,000 of tenant-funded improvements.
  • Attractive Basis & Value Play: Offered at a compelling price well below replacement cost and market averages for Columbus office assets.
  • Prime Clintonville Location: Strategically located in the highly desirable Clintonville submarket, the asset offers excellent accessibility via I-71.
  • Diverse & Established Tenant Mix: Anchored by respected professional, medical, and nonprofit organizations.
  • Strong Demographics: The surrounding area boasts a population of nearly 387,000 within a 5-mile radius and an average household income of $168,000+.

OVERVIEW

Matt Wallace License # REC.2022007141 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

8.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

-

APN/PARCEL ID

010-005313

ASK ABOUT THIS PROPERTY

Evan CiancioloMatthews Real Estate Investment ServicesMore Info
216-777-3049

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Evan CiancioloMatthews Real Estate Investment ServicesMore Info
216-777-3049

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