3245 Livingston AveColumbus, OH 43227

This exceptional 10,260-square-foot medical office building, located at 3245 E Livingston Avenue in Columbus, Ohio, presents a compelling investment opportunity. The property, built in 1964 and situated on a 29,620.8-square-foot lot, boasts nine units with 80% occupancy, generating a strong net operating income (NOI) of $68,959, representing a 7.00% cap rate. Priced at $985,000 ($96 per square foot), this two-level building offers significant potential for rental income and business expansion. Extensive renovations were completed between 2011 and 2021, including a new roof with a warranty extending to 2026, new exterior stucco, updated windows, and complete lower-level remodeling to meet ADA compliance. The upper level also received significant updates in 2012, featuring a new HVAC system, updated plumbing and electrical work. Recent upgrades include a new hot water heater (installed July 6, 2021) and LED lighting throughout the lower level, contributing to low energy consumption. This property is well-suited for a 1031 exchange. The building's strong financial performance and recent renovations make it an attractive investment prospect in a desirable Columbus location. The property is currently 80% occupied. Please do not disturb tenants.