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Investment Highlights

  • Incredible Grandview location between Dunkin' & DQ
  • Fantastic visibility on W 5th Ave with 12,000-15,000 cars passing daily

Executive Summary

This is an amazing opportunity for redevelopment. The entire building is available for lease but willing to consider a land lease and tear down the building and redevelop. Currently the site holds a 2 story building with ample parking and signage. Including the 50 or so parking spaces surrounding the building, the land is just under an acre in a prominent Grandview location. Not only does the site site between two signalized intersections but Dunkin' and Dairy Queen are on either side and Huntington National Bank directly across the street. There are other major retailers, restaurants and financial institutions along this prime corridor.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
10,100 SF
Building Class
C
Year Built/Renovated
1972/2023
Price
$3,434,300 CAD
Price Per SF
$340.03 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,100 SF
Building FAR
0.34
Lot Size
0.68 AC
Zoning
Commercial - Commercial
Parking
50 Spaces (6.62 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Natural Light
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,000 SF
  • Office/Medical
  • -
  • Now

First floor was formerly a medical office.

  • 2nd Floor
  • 4,100 SF
  • Office
  • -
  • Now

Second floor is all offices.

Space Size Space Use Condition Available
1st Floor 5,000 SF Office/Medical - Now
2nd Floor 4,100 SF Office - Now

1st Floor

Size
5,000 SF
Space Use
Office/Medical
Condition
-
Available
Now

2nd Floor

Size
4,100 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 5,000 SF
Space Use Office/Medical
Condition -
Available Now

First floor was formerly a medical office.

2nd Floor

Size 4,100 SF
Space Use Office
Condition -
Available Now

Second floor is all offices.

Very walkable
80/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
010-061641
Land Assessment
$282,712 CAD
Improvements Assessment
$327,385 CAD
Total Assessment
$610,097 CAD
  • Listing ID: 28677934

  • Date on Market: 2023-06-06

  • Last Updated:

  • Address: 1550 W 5th Ave, Columbus, OH 43212

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