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3027 Sullivant Ave 2,048 SF Vacant Office Building Columbus, OH 43204 $285,000 ($139.16/SF)
INVESTMENT HIGHLIGHTS
- Located in the Westgate neighborhood in Columbus
- Walking distance to Westgate Park
- Second floor can be one, two bedroom apartment, or two, one bedroom apartments
- Hard corner of Sullivant and Salisbury with heavy vehicle count on Sullivant Avenue (15,000/day)
- First floor is set up for office or Dental Practice
EXECUTIVE SUMMARY
2,048 SF Building - Apartment over Office
Property Highlights
- Located in the beautiful Westgate Community of Columbus. Known for its tree-lined streets, classic 1920s architecture, and strong sense of community.
- First floor is currently set up for a dental practice but could be any number of retail or office uses.
- Investors can see a potential 10+% Cap Rate w/full occupancy and $12k+ annual income
- Property has 6 off-street parking spaces available
- Within walking distance of Westgate Park and Community Center (.4 miles)
- Includes prominent signage at street to advertise your business
- The property is on a hard corner (Salisbury Road)
- Second floor apartment could be a single two bedroom apartment or two one bedroom apartments.
- Apartment has hardwood floors, built-ins and the building has newer windows
- Property is being sold “as is”.
Property Highlights
- Located in the beautiful Westgate Community of Columbus. Known for its tree-lined streets, classic 1920s architecture, and strong sense of community.
- First floor is currently set up for a dental practice but could be any number of retail or office uses.
- Investors can see a potential 10+% Cap Rate w/full occupancy and $12k+ annual income
- Property has 6 off-street parking spaces available
- Within walking distance of Westgate Park and Community Center (.4 miles)
- Includes prominent signage at street to advertise your business
- The property is on a hard corner (Salisbury Road)
- Second floor apartment could be a single two bedroom apartment or two one bedroom apartments.
- Apartment has hardwood floors, built-ins and the building has newer windows
- Property is being sold “as is”.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,048 SF
Building Class
C
Year Built
1941
Price
$285,000
Price Per SF
$139.16
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,024 SF
Building FAR
0.36
Lot Size
0.13 AC
Parking
6 Spaces (2.93 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 010-069243 | Improvements Assessment | $39,100 |
| Land Assessment | $9,910 | Total Assessment | $49,010 |
PROPERTY TAXES
Parcel Number
010-069243
Land Assessment
$9,910
Improvements Assessment
$39,100
Total Assessment
$49,010
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3027 Sullivant Ave
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