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Multi-Tenant Warehouse Opportunity 3 Industrial Properties Offered at $3,800,000 in Columbus, OH
Investment Highlights
- Located approximately three miles from Downtown Columbus with direct access to I-71 and I-670
- Occupancy at 75% with remaining spaces available for immediate lease-up, providing value-add upside
- Positioned near leading brands and distribution hubs, including Pepsi and other national operators
- Portfolio includes four separate buildings positioned for multi-tenant use or potential single-user consolidation
- ±10’ to 18’ clear heights with nine drive-in doors, supporting a wide range of industrial and distribution uses
- Large ±0.95-acre fenced lot offers additional yard storage or parking flexibility
Executive Summary
This multi-tenant industrial portfolio presents an exceptional investment or owner-user opportunity within minutes of Downtown Columbus. Spanning ±44,451 SF across four functional buildings on ±2.34 acres, the property combines operational flexibility with income potential. Its current configuration supports six tenants with 75% occupancy, offering immediate cash flow and significant upside for lease-up. Month-to-month leases enable investors to reposition rents toward market rates, while prospective owner-users benefit from potential control of up to 90% of the premises.
Positioned in a well-established industrial corridor, the property delivers seamless access to I-71, I-670, and John Glenn Columbus International Airport. This connectivity enhances distribution capabilities and appeals to service, light manufacturing, and logistics users. Nearby industrial neighbors include Pepsi, U-Haul, and AkzoNobel, reflecting the area’s robust commercial ecosystem. Priced at $3,800,000 ($85.48 PSF), this asset offers a unique blend of stability and growth in one of the Midwest’s most dynamic markets.
Positioned in a well-established industrial corridor, the property delivers seamless access to I-71, I-670, and John Glenn Columbus International Airport. This connectivity enhances distribution capabilities and appeals to service, light manufacturing, and logistics users. Nearby industrial neighbors include Pepsi, U-Haul, and AkzoNobel, reflecting the area’s robust commercial ecosystem. Priced at $3,800,000 ($85.48 PSF), this asset offers a unique blend of stability and growth in one of the Midwest’s most dynamic markets.
Property Facts
| Price | $3,800,000 | Number of Properties | 3 |
| Price / SF | $88.53 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 42,925 SF |
| Status | Active | Total Land Area | 5.34 AC |
| Price | $3,800,000 |
| Price / SF | $88.53 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 42,925 SF |
| Total Land Area | 5.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1164 Gibbard Ave, Columbus, OH 43219 | Industrial | 17,080 SF | 1950 | - |
| 892-906 N 19th St, Columbus, OH 43219 | Industrial | 15,670 SF | 1957 | - |
| 875-877 N 19th St, Columbus, OH 43219 | Industrial | 10,175 SF | 1977 | - |
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