140 Town StColumbus, OH 43215

Property Details for 140 Town St

Year built

1973

Lot size

1.24 AC

Property size (Sq ft)

254,144 SF

Property type

Office buildings

APN

010-148461

APU

10148461

Description

This exceptional 15-story Class B office building, located at 140 E Town St in Columbus, Ohio's Central Business District (CBD), offers a unique opportunity for businesses seeking flexible and prestigious office space. Built in 1973 and renovated in 1986, the property boasts a total of 169,309 square feet across one building situated on a 1.24-acre lot. The building currently features three suites, with a total of 12,040 square feet of vacant space available. Individual suites range from a minimum of 2,977 square feet to a maximum contiguous space of 9,063 square feet, providing options for businesses of various sizes. The property's location in Franklin County, within the vibrant Columbus CBD submarket, offers unparalleled access to amenities, transportation, and a thriving business community. This multi-tenant building presents a compelling opportunity to establish a presence in a highly sought-after area. A virtual tour is available online to showcase the available spaces.

• CAP approach

  CAP return

  Valuation

  6%

  $48,563,824

  6.5%

  $44,828,144

  7%

  $41,626,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,772,630

  Geo Method

  $23,772,630

• Alternative Use

  Use

  Valuation

  Residential

  $55,586,900

  Hospitality

  $50,917,300

  Educational

  $42,362,596

  Medical

  $43,819,512

  Retail

  $65,897,372

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9596

Longitude

-82.9964

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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