808 3rd St - Storefront FOR SALE


Columbus, IN 47201- Downtown Columbus IN
$1,100,000 USD
812-390-8440
808 3rd St, Columbus, IN for Sale
$1,100,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

Jul '26



HIGHLIGHTS

  • Fantastic Location close to downtown Columbus with parking. 17 Spots plus handicap accessible at the front, four street, and 7-8 at the rear.
  • 5 Current units, four Month to Month. Could be resubdivided into smaller units or larger ones. Interior vaulted ceilings, drop ceiling for ease
  • Traffic count on 3rd street (3 lanes/one way ) in 2021 15,872

OVERVIEW

Exceptional multi-tenant commercial investment opportunity positioned along one of Columbus' most established and highly traveled east to west corridors. This fully occupied 5-unit, 6,000 SF strip center offers a compelling blend of immediate income, strong visibility, and future upside in a sought-after central location with MTM leases. The property provides approximately 27 parking spaces, including approximately 15 customer-facing front spaces, supplemented by side-street and rear parking areas in a downtown area where parking is a premium luxury. Situated on bustling 3rd Street with approximately 15,000+ vehicles per day (2021 data), the property benefits from excellent exposure, corner accessibility, and broad tenant appeal for retail, office, boutique medical, personal service, cafe, and specialty commercial users. The current tenant mix includes an established owner-operated business alongside flexible suites supporting diversified occupancy. Bus routes 4 and 5 provide additional walking traffic. Large private school, residential, and rental opportunities nearby provide more visibility. Strategically located three blocks south of downtown Columbus/Washington Street and approximately 0.1 mile west of the Cummins Engine Plant, the property is not located within a flood zone or historic district, offering added flexibility for ownership, leasing, and future improvements. Please see supplements for more specific information.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Sycamore Green

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Commercial Strip / Neighb

APN/PARCEL ID

03-95-24-440-001.500-005

ASK ABOUT THIS PROPERTY

Carrie AbfallRE/MAX Real Estate ProfMore Info
812-390-8440

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Carrie AbfallRE/MAX Real Estate ProfMore Info
812-390-8440

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