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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31700225
31700224

350 E 1st Ave, Columbus, OH 43201 For Sale

Allied Real Estate Advisors
Listed by Allied Real Estate Advisors
Unpriced
9 days on market
Updated 9 days ago

Berry Boltworks

Details
Property Type Office
Sub Type Executive Office
Square Footage 33,464
NOI $366,737
Occupancy 80%
Year Built 1910
Acreage 1.322
Parking Spaces 31,000 per 1,000 sq ft
Investment Type Owner/User

Office | 33,464 SqFt

Marketing description

Allied Real Estate Advisors, on behalf of Ownership, is pleased to present the opportunity to acquire Berry Boltworks, an 80% occupied, 33,464 square foot historic creative office building located in the thriving Italian Village submarket of Columbus, Ohio.

Originally constructed in 1910 and listed on the National Register of Historic Places, Berry Boltworks offers a rare combination of historic industrial character and modern office functionality. The building features exposed brick walls, original hardwood floors, heavy timber beams, large historic windows and on-site parking at a ratio of 3/1,000 SF.

The property presents a compelling opportunity for both owner-users seeking a distinctive urban headquarters and investors seeking immediate cash flow with upside through lease-up and rental rate growth. With 80% occupancy and in-place NOI of $366,737, the asset provides stabilized income with additional value creation potential.

Investment highlights

  • 33,464 RSF
  • 80% Occupancy
  • 4 Tenants
  • 3/1,000 SF Parking
  • 1910 – Year Built
  • 5.21 Years WALT
  • 1.322 Acres
  • $366,737 In-Place NOI

Listing Contacts

Allied Real Estate Advisors
Listed by Allied Real Estate Advisors

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Loan Amount
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$366,737.00
$30,561.42/mo

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