881 Main StColumbus, OH 43205

Property Details for 881 Main St

Year built

2009

Construction

WOOD

Lot size

0.43 AC

Property size (Sq ft)

8,649 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

010-057022

APU

10057022

Description

This exceptional two-story medical office building, located at 881 E Main Street in Columbus, Ohio, presents a fantastic leasing opportunity. The building, constructed in 2009, boasts a total of 8,649 square feet situated on a 0.43-acre lot. Currently, 1,300 square feet of readily available space is perfect for immediate occupancy. This second-floor unit features abundant natural light from numerous windows and convenient elevator access. The building's zoning is classified as "C," and its APN is 010-057022. The property is ideally suited for medical practices, complementing existing tenants which include a medical doctor's office, a pharmacy, and a healthcare company. The location benefits from its designation as an Opportunity Zone. The building offers multiple tenancies, providing a diverse and established tenant base. This prime Columbus location, with its zip code 43205, offers excellent visibility and accessibility. The available space is offered on a triple net lease basis. Don't miss this chance to secure a thriving space in a well-established medical building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,652,718

  6.5%

  $1,525,586

  7%

  $1,416,616

• Comparable approach

  Method

  Valuation

  Relative Method

  $809,027

  Geo Method

  $809,027

• Alternative Use

  Use

  Valuation

  Residential

  $1,891,727

  Hospitality

  $1,732,812

  Educational

  $1,441,679

  Medical

  $1,491,261

  Retail

  $2,242,612

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9576

Longitude

-82.9758

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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