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3350 Cleveland Avenue, Columbus, Ohio

$4,690,000Active

3350 Cleveland Avenue, Columbus, Ohio 43224
Steven C Beaver (614) 774-5692 - RE/MAX Right Now (614) 485-3100 - MLS® ID: 217018962

Property Details

3350 Cleveland Avenue, Columbus, Ohio 43224 - CASH COW, 100% OCCUPIED! Vacant land to add more retail! Thousands of traffic counts per day.Shopping center on main road. Across the street from McDonalds&other major retail stores, on bus line.City planning to invest $27 mil inc road resurfacing, sidewalks, curbs, &streetscapes. Tons of updates starting w/ completely re-stuccoed exterior &remodeled inside, extensive landscaping throughout the entire 6 acres, portions of parking lot resurfaced, outside lighting updated to LED, water meters installed in all units,main building painted & new awnings, new EPDM roofing membrane along the gutter line&new downspouts & much MORE! Potential for additional building with owner's help which would produce over $20K or more per month and increase CAP rate to 12%! Existing leases will increase in 2017

Amenities

  • Zip43224
  • Countyfranklin
  • SQFT42541
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeRetail
  • Year built1989
  • HeatingFORCED AIR
  • Tax amount71294.00
  • Tax year2016
  • Office ID10529
  • Agent ID2003001721
  • Agent nameSteven C Beaver
  • MLS® ID217018962

Broker: Steven C Beaver (614) 774-5692 - RE/MAX Right Now (614) 485-3100

Listing Courtesy of Steven C Beaver (614) 774-5692 - RE/MAX Right Now (614) 485-3100

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“The Parrett Group was amazing to deal with. They always went above the call of duty and were helpful before we listed, durring the sales process and after closing to ensure that we were completely satisfied. Anyone buying or selling a home in The Parrett Group's territory that uses another agent is wasting their time and money.”

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