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3708-3710 & 3724 Cleveland Avenue 3 Properties Offered at $1,700,000 in Columbus, OH
INVESTMENT HIGHLIGHTS
- Highly Trafficked Area
- Two Buildings
- Restaurant Equipment, Drive Thru
- Multiple Tenants
- Large Paved Parking Lot, New roof
EXECUTIVE SUMMARY
Prime Location on 2 parcels, 1 +/- acre corner lot with frontage on highly trafficked Cleveland Avenue! Two parcels consist of ample paved parking lots, two buildings with multiple tenants. 3708 is a 4,000+/- SF retail building with 5 clothing shops, money transfer agent, 3 trucking company offices, gold store and a restaurant/coffee shop with drive-thru window, hood, fire suppressant, oven, fryer and coffee shop equipment. 3710 is a 2,835 +/- SF building with a daycare tenant. 3724 parcel is a .25 acre +/- asphalt parking lot next to the site. Perfect for investment or owner/user or redevelopment. Ongoing business! Please do not disturb tenants! 8.24% cap rate.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $1,700,000 | Number of Properties | 3 |
| Price / SF | $248.68 / SF | Individually For Sale | 0 |
| Cap Rate | 8.24% | Total Building Size | 6,836 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.04 AC |
| Status | Active |
| Price | $1,700,000 |
| Price / SF | $248.68 / SF |
| Cap Rate | 8.24% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,836 SF |
| Total Land Area | 1.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3724 Cleveland Ave, Columbus, OH 43224 | Land | 0.29 AC | - | - |
| 3708 Cleveland Ave, Columbus, OH 43224 | Retail | 4,000 SF | 1967 | - |
| 3710 Cleveland Ave, Columbus, OH 43224 | Retail | 2,836 SF | 1958 | - |
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3708-3710 & 3724 Cleveland Avenue
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