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Rare Downtown Commercial Asset

$965,000

401 E Mound St, Columbus, OH 43215

Active
Last Updated: 03/19/2026

6,008 sqft

Building Size

0.5 acres

Lot Area

Details:
Building Size:    6,008 sqft
Lot Area:    0.5 acres
Occupancy:    100%
Class:    C
Units:    1
Year Built:    1962
Floors:    1
Highlights:
  • Rare Downtown Warehouse Investment Opportunity
  • 6,008 SF Retail Warehouse Building
  • Double-Door in Back of Building
  • Alley Access Connectivity
  • Fenced Concrete Pad (Parking, Storage, or Patio Use)
  • Located On E. Mound St. - Major Downtown Artery
  • Minutes to I-70 & I-71
  • Strong Infill Downtown Location with Ongoing Development
  • Stable Cash Flow with Future Repositioning Potential
  • Annual NOI of $60,004
  • Lease Expiration: April 22, 2027
Description:

Rare downtown warehouse investment opportunity featuring a 6,008 SF retail warehouse building with double-door rear access connected to an alleyway. The property includes a fenced concrete pad ideal for parking, storage, or patio use. Conveniently located on E. Mound Street—a major downtown artery—this site offers quick access to I-70 and I-71 and sits within a strong infill location surrounded by ongoing development. The property provides stable cash flow with an annual NOI of $60,004 and offers future repositioning potential. The current lease extends through April 22, 2027.

Located just east of the downtown core, 401 E Mound sits along a primary commuter corridor connecting Interstate 70 directly into downtown Columbus. The property benefits from strong traffic counts, easy ingress/egress, and proximity to key downtown amenities, employment hubs, and redevelopment zones. Surrounded by the growth of Children's Hospital and multiple mixed use developments. This is a rare centrally located building in a great location with functional office and warehouse space that a nice rear alley connection.

Map:
Documents:
Title
401 E Mound St- Sale Flyer
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401_E_Mound_St-_Sale_Flyer.pdf
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Location
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