Listed by Douglas and Associates Realty
$3,500,000
40-50 E. Long St
Details
APN 010-049034-00
Property Type Hospitality, Mixed Use
Sub Type Storefront
Square Footage 24,613
Net Rentable (SqFt) 24,613
Units 3
Cap Rate 3.6%
NOI $126,000
Occupancy 70%
Lease Term 2.9
Lease Expiration 01/01/2028
Remaining Term 1.6
Rent Bumps Yes
Price per SqFt $142
Broker Co-Op Yes
Year Built 1900
Year Renovated 1980
Zoning DD
Investment Type Value Add
Lease Commencement 01/24/2025
Prime Downtown Columbus Mixed-Use Redevelopment Opportunity | 24,613 SF Value-Add Asset with In-Plac
Marketing description
Prime Downtown Mixed Used Development Opportunity
Listing Contacts
Listed by Douglas and Associates Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,000.00
$10,500.00/mo
Valuation Metrics
0
DSCR
3.6%
Cap Rate
3.6%
ROI
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