Listed by Carriage Trade Realty, Inc.
$1,195,000
458 Miller Avenue
Details
Property Type Retail, Multifamily
Square Footage 10,004
Net Rentable (SqFt) 100
Units 10
Cap Rate 1.52%
NOI $18,124
Occupancy 98%
Tenancy Multi
Pro-Forma Cap Rate 7.67%
Pro-Forma NOI $91,665
Price per SqFt $119
Year Built 1912
Year Renovated 2025,2026
Buildings 2
Acreage 0.280
Zoning 2113-2024 mixed use, UCT8/28/24, H-N/A
Investment Type Owner/User
Ground Lease No
Fantastic Opportunity 11 Residential units, two storefronts Opportunity Zone
Marketing description
Solid brick two story commercial mixed use building and 6 unit apartment complex
Turn key units and exterior recently renovated.!
Investment highlights
Great Mixed-use investment, 11 residential units, two storefronts, fantastic shape, solid brick, newer roof, parking lot repaved, units all up to date. Long-term tenant storefront, solid renters, great investment.
5 -1 bedrooms, renovated granite tops, $795 plus tenants pay all utilities, 1 (1) $825
1445A $1075-vacant Storefront Church $750 MTh to mth
1445B $850 Storefront 2- $900 leased
1445C $ 900
Turn Key site two buildings corner of Main and Miller easy access to Freeway and Downtown Columbus
Listing Contacts
Listed by Carriage Trade Realty, Inc.
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$18,123.88
$1,510.32/mo
Valuation Metrics
0
DSCR
1.52%
Cap Rate
1.52%
ROI
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