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1550 W 5th Ave 10,100 SF Vacant Office Building Columbus, OH 43212 $2,500,000 ($247.52/SF)
Investment Highlights
- Incredible Grandview location between Dunkin' & DQ
- Fantastic visibility on W 5th Ave with 12,000-15,000 cars passing daily
Executive Summary
This is an amazing opportunity for redevelopment. The entire building is available for lease but willing to consider a land lease and tear down the building and redevelop. Currently the site holds a 2 story building with ample parking and signage. Including the 50 or so parking spaces surrounding the building, the land is just under an acre in a prominent Grandview location. Not only does the site site between two signalized intersections but Dunkin' and Dairy Queen are on either side and Huntington National Bank directly across the street. There are other major retailers, restaurants and financial institutions along this prime corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
10,100 SF
Building Class
C
Year Built/Renovated
1972/2023
Price
$2,500,000
Price Per SF
$247.52
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,100 SF
Building FAR
0.34
Lot Size
0.68 AC
Zoning
Commercial - Commercial
Parking
50 Spaces (6.62 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Natural Light
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
First floor was formerly a medical office.
Second floor is all offices.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,000 SF | Office/Medical | - | Now |
| 2nd Floor | 4,100 SF | Office | - | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 4,100 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 5,000 SF |
| Space Use | Office/Medical |
| Condition | - |
| Available | Now |
First floor was formerly a medical office.
2nd Floor
| Size | 4,100 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Second floor is all offices.
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (80)
Property Taxes
| Parcel Number | 010-061641 | Improvements Assessment | $238,320 |
| Land Assessment | $205,800 | Total Assessment | $444,120 |
Property Taxes
Parcel Number
010-061641
Land Assessment
$205,800
Improvements Assessment
$238,320
Total Assessment
$444,120
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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1550 W 5th Ave
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