1731-1739 Central Avenue
Retail-Commercial
for Sale
| Catylist Listing ID: |
30682068 |
| Property Subtypes: |
Street Retail
|
| Building Size (RSF): |
4,132 SF
|
| Gross Land Area: |
0.28 Acres
|
| Sale Price: |
$259,900 |
| Unit Price: |
$62.90 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/8/2021 |
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.
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Additional Details
| Nearest MSA: |
Columbus |
| County: |
Bartholomew |
| Tax ID/APN: |
03-96-18-430-013.100-005 |
| Zoning: |
CC |
| Property Visibility: |
Excellent |
| Traffic/Vehicle Count: |
8,500 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Year Built: |
1908 |
| Year Renovated: |
2017 |
| Total Parking Spaces: |
20 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,934 |
37,539 |
52,793 |
| Median Age: |
36.26 |
38.74 |
37.9 |
| Households: |
4,631 |
15,353 |
20,930 |
|
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The information presented herein is provided as is, without warranty of any kind.
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