57 Mill StGahanna, OH 43230

Property Details for 57 Mill St

Year built

2002

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

2,310 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

025-000020

APU

25000020

Description

This exceptional 2,310-square-foot commercial property at 57 Mill Street, Gahanna, Ohio, is available for sale or lease. The single-tenant building, constructed in 2002 and extensively renovated in 2024, boasts a Class B rating. The complete renovation included new HVAC, electrical, plumbing, roofing, bathrooms, and kitchen upgrades. Situated on a 0.05-acre lot at a signalized intersection with Granville Street, this corner location offers high visibility. The building features electric power but no elevators. The property's location within Gahanna's Creekside District provides easy access to numerous amenities, including walking trails, restaurants, shops, and community events. Its central location offers convenient access to Columbus, New Albany, Easton, and the Columbus International Airport (CMH). The property is ideal for a variety of uses, including office, retail, boutique, or other businesses. The APN is 025-000020. The entire 2,310 square feet is currently vacant and ready for immediate occupancy. This sophisticated property offers a compelling opportunity for businesses seeking a high-profile location in a vibrant community. The zip code is 43230.

• CAP approach

  CAP return

  Valuation

  6%

  $650,145

  6.5%

  $600,134

  7%

  $557,267

• Comparable approach

  Method

  Valuation

  Relative Method

  $544,515

  Geo Method

  $544,515

• Alternative Use

  Use

  Valuation

  Residential

  $506,236

  Hospitality

  $463,709

  Educational

  $385,800

  Medical

  $399,069

  Retail

  $600,134

Location Insight

City

Gahanna

County

Franklin

State

Ohio

Latitude

40.0191

Longitude

-82.8799

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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