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401 E Mound St 5,900 SF 100% Leased Retail Building Columbus, OH 43215 $965,000 ($163.56/SF)
Investment Highlights
- Rare Downtown Warehouse Investment Opportunity
- Double-Door in Back of Building
- Fenced Concrete Pad (Parking, Storage, or Patio Use)
- 6,008 SF Retail Warehouse Building
- Alley Access Connectivity
- Located On E. Mound St. - Major Downtown Artery
Executive Summary
Rare downtown warehouse investment opportunity featuring a 6,008 SF retail warehouse building with double-door rear access connected to an alleyway. The property includes a fenced concrete pad ideal for parking, storage, or patio use. Conveniently located on E. Mound Street—a major downtown artery—this site offers quick access to I-70 and I-71 and sits within a strong infill location surrounded by ongoing development. The property provides stable cash flow with an annual NOI of $60,004 and offers future repositioning potential. The current lease extends through April 22, 2027.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,900 SF
Building Class
C
Year Built
1920
Price
$965,000
Price Per SF
$163.56
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.50 AC
Zoning
DD, Columbus - Designed to promote a vibrant, mixed-use urban environment and encourage a mix of residential, commercial, and office uses.
Parking
3 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
49’ on E Mound St
Amenities
- Pylon Sign
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-056406 | Improvements Assessment | $41,270 |
| Land Assessment | $98,700 | Total Assessment | $139,970 |
Property Taxes
Parcel Number
010-056406
Land Assessment
$98,700
Improvements Assessment
$41,270
Total Assessment
$139,970
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401 E Mound St
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