1731-1739 Central Avenue

1731-1739 Central Ave, Columbus, Indiana 47201

  • Property Subtypes Street Retail
  • Building Size (RSF) 4,132 SF
  • Gross Building Area 4,132 SF
  • Building Status Existing
  • Sale Price $259,900.00 PSF
  • Unit Price $62.9 per SF
  • Property Use Type Investment
  • Class of Space N/A
  • Total Land Size 0.28 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 3/10/2020
  • Days on Market 218 Days
  • Status active

Overview / Comments

Now available for sale is 1731-1739 Central Avenue in Columbus, Indiana. The property consists of two buildings with four rental suites. The front building is approximately 1,880 sq.ft. with two retail suites. The back building is approximately 1,860 sq.ft. with two apartment suites. All suites are fully rented. The current asking price reflects an 8.88% cap rate. This is a prime location with visibility on one of the major thoroughfares through Columbus. The traffic count here is approximately 15,000 daily. This is a good opportunity to purchase a multi-tenant investment property in an excellent location centered in the heart of Columbus.

Additional Details

  • Tax ID/APN 03-96-18-430-013.100-005
  • Zoning CC
  • Property Visibility Excellent
  • Total Number of Buildings 2
  • Year Built 1908
  • Year Renovated 2017

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