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106-116 E Moler St
Columbus, OH 43207
Merion Village Retail · Retail Property For Sale
Investment Highlights
- Heavy foot traffic in up-and-coming neighborhood bordering German Village
- 100% occupancy with NNN leases
- Value add opportunity via finish-ready, 2400 sqft basement
Executive Summary
PROPERTY HIGHLIGHTS
-Fully Stabilized Asset with 100% Occupancy
-NNN Leases Reducing Operational Load
-Prime Location in Bustling Neighborhood bordering German Village
-Value Add through finish-ready basement space; HVAC and plumbing in place
-Untapped income through 23 space on-site parking lot; zoned for commercial
development and project ready
-Additional adjacent lot can be monetized via re-zoning and developed, adding substantial asset value
-Fully Stabilized Asset with 100% Occupancy
-NNN Leases Reducing Operational Load
-Prime Location in Bustling Neighborhood bordering German Village
-Value Add through finish-ready basement space; HVAC and plumbing in place
-Untapped income through 23 space on-site parking lot; zoned for commercial
development and project ready
-Additional adjacent lot can be monetized via re-zoning and developed, adding substantial asset value
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,941 SF
Building Class
C
Year Built
1923
Price
$4,350,000
Price Per SF
$229.66
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.71 AC
Zoning
C4
Parking
40 Spaces
Property Taxes
| Parcel Numbers | Improvements Assessment | $112,950 | |
| Land Assessment | $97,900 | Total Assessment | $210,850 |
Property Taxes
Parcel Numbers
Land Assessment
$97,900
Improvements Assessment
$112,950
Total Assessment
$210,850
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