Downtown Columbus Investment Opportunity

262-266 S 3rd Street, Columbus, OH

$1,799,000

Price

8,494 sqft

Building Size

0.269 acres

Lot Area

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Street
Map
Overview
Building Size
8,494 sqft
Lot Area
0.269 acres
Occupancy
100%
Class
A
Units
3
Year Built
1920
Floors
2
Parking Spots
10
Description

NAI Ohio Equities is pleased to present 262-266 South Third Street – a three-unit income-producing asset located in the heart of downtown Columbus. This 8,494 SF office building is an exceptional investment property. The property offers convenient on-site parking for employees and visitors. This renovated building emphasizes open-concept offices, along with multiple conference rooms. The fully sprinklered basement is prepped for occupancy allowing versatile utilization and additional tenancy.

Its prime location at the center of Downtown is near Columbus Commons and the newly named Fashion District. Excellent exposure and walkability in this vibrant business community surrounded by restaurants. The building location and layout offer owners flexibility for future renovation into retail or restaurant space. The rear, one-story portion of the roof offers potential, and structural readiness, for a roof terrace or a second-floor addition. Currently leased by attorneys Abdnour Weiker, LLP and the Boys and Girls Club of Central Ohio with the remainder being owner-occupied by Rogers Krajnak Architects.

Located at the intersection of S 3rd Street and Cherry Street, this creative office space lies right in the heart of Downtown Columbus. Slightly north of E. Main Street, and a block away from Columbus Commons, this building stands out as you drive down S. Third Street. The property is surrounded by numerous restaurants, shops, and nightlife nearby on Fourth Street and Main Street.

Highlights
  • 8,494 SF Downtown Office Building
  • Fully Occupied Building
  • Value-Add Opportunity
  • Well-Maintained Asset
  • On-Site Parking (10 Spaces)
  • Open-Concept Office Areas
  • 5,552 SF Basement With Sprinkler System
  • Prime Location in the Center of Downtown
  • Convenient Access to Nearby Travel Routes
  • First Floor Flexible for future Retail or Office Tenancy
  • Surrounded by Numerous Businesses and Amenities
  • Currently Occupied by: Abenour Weiker, LLP, Rogers Krajnak Architects, and the Boys & Girls Club of Central Ohio
Documents
Location
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