Foreclosure Auction of 62,500 SF Office Building
Office | 62,500 SqFt Foreclosure Auction
Marketing description
Online Foreclosure Auction ending: (Coming Soon) The opening bid is $2,300,000 based on a $4,200,000 appraisal. See OhioSheriffSales dotcom for full details and to bid online.
6400 E. Broad St., Columbus, Ohio 43213
Online Foreclosure Auction – Bidding Ends: Coming soon
A rare East Columbus medical/office redevelopment opportunity on 3.50 acres with 62,500± SF of space across four floors. This high-visibility asset sits directly on E. Broad Street near the Hamilton Road medical corridor and offers tremendous repositioning potential for medical, dental, behavioral health, professional office, senior care, or mixed-use conversion.
Currently Vacant. the building features a functioning medical office footprint on select floors with half of the first floor and all of the second and third floor gutted, ready for build-out. Investors will appreciate this flexible blank canvas.
Constructed in 1974 with major modernization in 2010–2015, the building offers:
- Fire-resistant construction and concrete panel exterior
- Hydraulic passenger elevators (2 units)
- Full building sprinkler system
- Central HVAC & standard medical office mechanicals
- 12-ft wall heights
- 15,625 SF per floor (4 floors)
- Large asphalt parking lot with extensive paving
The property is located in the Columbus–Gahanna Jefferson School District, surrounded by dense residential neighborhoods, national retailers, medical users, and major employment centers. With a 2024 auditor valuation of $3,774,200 and significant upside through lease-up and renovation, this property presents an exceptional distressed-asset investment in a supply-limited medical office submarket. Corner location with multiple ingress/egress. Large Monument Signage.
Do not miss this value-add opportunity!
Lot Size: 3.462 Acres with 75,000 SF of parking
Annual Taxes: $95,225
Investment highlights
The property is vacant.
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