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2484-2556 Scarborough Boulevard

Columbus, OH 43232
  • $1,975,000
  • STATUS: Pending
  • ON SITE: 15 Days
  • MLS #: 223000844
Pending
UPDATED: 46 min ago
$1,975,000
  • 0
    BEDS
  • 2.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,204
    SQFT
  • $93
    $/SQFT
Type:
Commercial
Built:
1986
County:
Area:

School Ratings & Info

Description

UNIQUE OPPORTUNITY! 94.34 % LEASED SHOPPING CENTER IN COLUMBUS! Rare opportunity to buy a nearly full retail center with tremendous upside. Tenants paying below market and on short-term leases provides an opportunity to increase rents and push revenue. 7.4% current cap rate with vacancy in place. Good opportunity for an owner-user to occupy the vacant space and collect rent from the remaining space. Price well below replacement cost and under $100 per square foot. Incredible upside opportunity.

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© 2023 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Consultants Realty. Data last updated: 2023-01-27T15:51:52.027.
www.galegroupsells.com/homes/135982718
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2484-2556 Scarborough Boulevard Columbus, OH 43232

  • Price: $1,975,000
  • Status: Pending
  • On Site: 15 Days
  • Updated: 46 min ago
  • MLS #: 223000844
0
Beds
0
Baths
0
½ Baths
2.88
Acres
21,204
SQFT
$93
$/SQFT
1986
Built
County:
Franklin
Area:
Columbus
Property Description
UNIQUE OPPORTUNITY! 94.34 % LEASED SHOPPING CENTER IN COLUMBUS! Rare opportunity to buy a nearly full retail center with tremendous upside. Tenants paying below market and on short-term leases provides an opportunity to increase rents and push revenue. 7.4% current cap rate with vacancy in place. Good opportunity for an owner-user to occupy the vacant space and collect rent from the remaining space. Price well below replacement cost and under $100 per square foot. Incredible upside opportunity.
Exterior Features

Docks 0.00 Drive In Doors 0.00

Interior Features

Bldg Sq Ft 21204.00 Floors Above Ground 1.00 Max Cont Sqft Avail 21204.00 Minimum Sq Ft Available 21204.00

Property Features

Auction No Between Street1 Brice Rd Between Street2 I-270 Commercial Sub Type Shopping Center Corp Limit Per Auditor Columbus For Exchange No For Lease No For Sale Yes Mult Parcels Sch Dis No Tax District 010 Tax Year 2021 Taxes Yearly 16054.00 Township None Year Remodeled 1999 Zoning C-4

Listing provided courtesy of Alexander Marsh of The Robert Weiler Company: (614) 221-4286.


© 2023 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Consultants Realty. Data last updated: 2023-01-27T15:51:52.027.
 
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Keller Williams Consultants Realty
5400 Frantz Rd ste 100
Dublin OH, 43016