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537-539 S 5th St 5,093 SF 100% Leased Retail Building Columbus, OH 43206 $1,328,106 CAD ($260.77 CAD/SF) 5.36% Cap Rate
Investment Highlights
- Mixed-use investment just south of Downtown Columbus
- Walkable amenities & excellent access to Downtown, I-70 & I-71
- Ideal for value-add investors
- 4,992± SF | 4 units total: (2) retail + (2) apartments
- Bustling German Village
Executive Summary
4,992 +/- SF mixed-use investment property for sale just south of Downtown. Two retail units on ground floor, two apartment units above. Building has third floor finish possibilities (unfinished attic) covering entire footprint of space - potential to add 3,000 SF living space with great view of Downtown Skyline. Great location in bustling German Village - Close to Schiller Park, Columbus Brewery District, Scioto Audubon Metro Park and more. Short drives into Downtown Columbus or to major highways I-70 and I-71. PLEASE DO NOT DISTURB TENANTS.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,093 SF
Building Class
C
Year Built
1912
Price
$1,328,106 CAD
Price Per SF
$260.77 CAD
Cap Rate
5.36%
NOI
$71,237 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.95
Lot Size
0.06 AC
Parking
2 Spaces (0.39 Spaces per 1,000 SF Leased)
Frontage
51’ on S 5th St
Amenities
- Pylon Sign
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-011332 | Improvements Assessment | $102,517 CAD |
| Land Assessment | $69,199 CAD | Total Assessment | $171,716 CAD |
Property Taxes
Parcel Number
010-011332
Land Assessment
$69,199 CAD
Improvements Assessment
$102,517 CAD
Total Assessment
$171,716 CAD
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537-539 S 5th St
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