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Pizza Shop, Rooming house in building 4 sale 1009-1011 W Broad St

4,240 SF 100% Leased Retail Building Columbus, OH 43222 £567,276 (£134/SF)

Investment Highlights

  • 2 STORY BUILDING
  • ZONED FOR RETAIL WITH APARTMENTS OVER TOP
  • 3 SEPARATE ENTRANCES
  • OPPORTUNITY ZONE

Executive Summary

This building is located in the Franklinton area. The building features a pizza shop that is open and doing well. The building owner has been running the pizza since 1994 and is willing to sell the name, and all equipment, which is included in the selling price of the building. There is also an empty retail space next to the pizza shop that can be leased out. This space has always had a tenant, but the building owner has decided to sell rather than find another tenant. The 8 rooms upstairs are easily rented out as a rooming house with a common bathroom and kitchen. All tenants are on month-to-month leases. The building also includes a fenced-in backyard. Potential total rent income is $84,000/year.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,240 SF
Building Class
C
Year Built
1920
Price
£567,276
Price Per SF
£134
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.75
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C-3 - Commercial
Parking
8 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
83 ft on W Broad St

Amenities

  • Pylon Sign

Nearby Major Retailers

Tim Hortons
PNC Bank
ALDI
Sunbelt Rentals
Rent-A-Center
Sunny Street Cafe
Chicken Salad Chick
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-029098
Land Assessment
£12,269
Improvements Assessment
£62,357
Total Assessment
£74,626
  • Listing ID: 32615158

  • Date on Market: 29/07/2024

  • Last Updated:

  • Address: 1009-1011 W Broad St, Columbus, OH 43222

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