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1580 King Ave
Columbus, OH 43212
Bureau Propriété À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Highly visible corner of King Ave and North Star Rd
- Net operating income of $15,155/yr with a vacancy rate of 55%
- 33 surface parking spaces
- Split-level layout allows for multi-tenant or single-user occupancy
RÉSUMÉ DE L'ANNONCE
Located at the highly visible corner of King Ave and North Star Rd, this 7,744 SF, two-story office building (3,872 SF per floor) presents an excellent opportunity for an owner-user. The property sits on 0.44 acres and includes 33 parking spaces.
Its strategic location offers easy access to Grandview, Upper Arlington, SR-33, and SR-315, ensuring seamless connectivity to major business hubs, retail centers, and residential neighborhoods. The high-traffic exposure and accessibility make it ideal for professional offices, medical practices, or creative workspaces.
The split-level design allows for either multi-tenant occupancy or a single-user layout. Currently, the building has five tenants on short-term leases, occupying approximately 3,300 SF. These tenants generate $47,950/year in gross rent. Operating expenses for 2024 were $32,795, resulting in a net operating income of $15,155 with 55% vacancy.
A rent roll and financials are available upon request with a signed NDA.
Its strategic location offers easy access to Grandview, Upper Arlington, SR-33, and SR-315, ensuring seamless connectivity to major business hubs, retail centers, and residential neighborhoods. The high-traffic exposure and accessibility make it ideal for professional offices, medical practices, or creative workspaces.
The split-level design allows for either multi-tenant occupancy or a single-user layout. Currently, the building has five tenants on short-term leases, occupying approximately 3,300 SF. These tenants generate $47,950/year in gross rent. Operating expenses for 2024 were $32,795, resulting in a net operating income of $15,155 with 55% vacancy.
A rent roll and financials are available upon request with a signed NDA.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Propriétaire utilisateur
Type de propriété
Taille du bâtiment
7 744 pi²
Classe d’immeuble
C
Année de construction
1954
Prix
1 652 136 $ CAD
Prix par pi²
213,34 $ CAD
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
3 872 pi²
Coefficient d’occupation des sols de l’immeuble
0,40
Taille du lot
0,44 AC
Zonage
Mixed Use
Stationnement
33 places (4,26 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | 010-087164 | Évaluation des bâtiments | 195 021 $ CAD |
| Évaluation du terrain | 166 535 $ CAD | Évaluation totale | 361 556 $ CAD |
Impôts fonciers
Numéro de lot
010-087164
Évaluation du terrain
166 535 $ CAD
Évaluation des bâtiments
195 021 $ CAD
Évaluation totale
361 556 $ CAD
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