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Sycamore Green 808 3rd St 6,021 SF Retail Building Columbus, IN 47201 $1,529,297 CAD ($253.99 CAD/SF)
Investment 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.
- Traffic count on 3rd street (3 lanes/one way ) in 2021 15,872
- 5 Current units, four Month to Month. Could be resubdivided into smaller units or larger ones. Interior vaulted ceilings, drop ceiling for ease
Executive Summary
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.
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$16,683
|
$3.72
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,683
|
$3.72
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $16,683 |
| Annual Per SF | $3.72 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,683 |
| Annual Per SF | $3.72 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,021 SF
Building Class
B
Year Built
1989
Price
$1,529,297 CAD
Price Per SF
$253.99 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.52 AC
Zoning
Commercial Strip / Neighb - Commercial Strip, Neighborhood Shopping Center. Not in flood, no overlay districts per city of Columbus, IN
Parking
25 Spaces (4.15 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-95-24-440-001.500-005 | Total Assessment | $660,656 CAD (2025) |
| Land Assessment | $312,811 CAD (2025) | Annual Taxes | $16,683 CAD ($2.77 CAD/SF) |
| Improvements Assessment | $347,846 CAD (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
03-95-24-440-001.500-005
Land Assessment
$312,811 CAD (2025)
Improvements Assessment
$347,846 CAD (2025)
Total Assessment
$660,656 CAD (2025)
Annual Taxes
$16,683 CAD ($2.77 CAD/SF)
Tax Year
2026 Payable 2026
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Sycamore Green | 808 3rd St
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