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3350 Cleveland Ave
Columbus, OH 43224
Offered at $4,690,000
MLS Number 217018962
Status: Active
Type: Commercial
Living Area: 42541 Square Ft.
Lot Size: 6.32 Acres


100% OCCUPIED!!!

CASH COW 100% OCCUPIED with 8.09% CAP! Vacant land to add more retail! Thousands of traffic counts per day. Shopping Ctr on main road, across the street from McDonalds & major retail stores, on bus line! City planning to invest $27 million incl road resurfacing, sidewalks, curbs & streetscapes. Tons of updates include completely re-stuccoed exterior & remodeled inside on universal mall, extensive landscaping on entire 6 acres, portions of parking lot resurfaced, outside lighting updated to LED, water meters in all units, main building painted, new awnings, new EPDM roofing membrane along the gutter line, new downspouts & much MORE! Potential for additional building with owner's help would produce over $20K per month and increase CAP rate to 12%!

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