Introducing an exceptional investment opportunity in the heart of Columbus, Ohio. This impressive property, built in 1923 and renovated in 2023, offers an 18,941 SF building with 4 units, showcasing timeless character and modern functionality. Boasting 100% occupancy and NNN leases, this prime location presents a compelling prospect for retail/street retail investors seeking a stable and lucrative asset. Value add opportunities in play include a finish-ready basement space (HVAC and plumbing in place) and untapped income through a 23-space parking lot that can be monetized by re-zoning and developing, adding substantial asset value. This well-maintained building exudes a captivating blend of historic charm and contemporary appeal, making it an ideal choice for investors looking to capitalize on a property with a strong leasing history and remarkable potential for sustained growth and success.
Listed By
Agency Name: Verti Commercial Real Estate L
Agency Phone: 380-215-6046
Agent Name: Brett A Ludwig
Shown By
Agent Name: Marsha Steffan
Agent Phone: (419) 672-8871
Agency Title: Key Realty
116 E Moler Street | MLS# 226013266
This commercial property located at 116 E Moler Street , Columbus, OH 43207 is currently listed for sale with an asking price of $4,350,000. Search Columbus real estate on marshasteffan.ikeyrealty.com today.