47 Gates St, Columbus, OH 43206
33,984 SF | 21% Leased | Industrial Building | Columbus, OH 43206 | $1,280,000 ($38/SF) | 4.43% Cap Rate
For Sale
Active
Asking Price $1,280,000
- Property Type
-
Industrial
- Square Feet
- 50,008,600 SF
- Price / Square Foot
- $38
Listing Contacts
John Mally
Property Overview
This Merion Village industrial space offers a versatile range of ±1,500 to 18,000 square feet for sale or lease. This property features a central courtyard, providing a unique and functional focal point, along with 8' garage doors for convenient access. Each area is equipped with heavy electric infrastructure and sub-panels, ensuring reliable power for various needs. Manufacturing Zoning allows for multiple use types and strong potential income or occupancy at a low cost psf. With outdoor storage or parking options on the west side and a spacious parking lot on the south side, this property maximizes flexibility. Centrally located just one mile south of Downtown, it offers quick access to RT 104 and South High St., and is less than a mile from I-71 via Greenlawn Avenue, providing unparalleled connectivity and convenience.
Currently bringing in $3,895 per month after expenses, with opportunity for more income! Currently less than 25% Occupied, this property is a great opportunity for an owner user or investor looking to lease up and build cashflow.
Currently bringing in $3,895 per month after expenses, with opportunity for more income! Currently less than 25% Occupied, this property is a great opportunity for an owner user or investor looking to lease up and build cashflow.
Property Details
- Class
- C
- Year Built
- 1901
- Stories
- 2
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 60,113 SF
Highlights
- Merion Village Industrial
- Courtyard at the Center with 8' Garage Doors
- Heavy Electric and Sub-Panels in Each Area
- Outdoor Storage or Parking on West side of Building
- Large Parking Lot on South Side of Property
- Less than 1 Mile to I-71 via Greenlawn Avenue
All available spaces
- Space
- 1st Floor
- Size
- 50,008,600 SF
- Condition
- Partial Build-Out
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