1660-1664 W 1st Avenue, Columbus, OH for sale

Investment Overview

Fully Leased 9,525 SF Retail Center Situated in the Heart of Grandview Heights (Hottest Community in Columbus, Ohio) upside from below market rents and priced 20% below market average sales price. Opportunity to self manage for increased return. Tenants paid for their own improvements and building has a new roof and parking lot, and tenants recently renewed. This infill site is almost irreplaceable and the asking price is significantly below replacement cost.

Investment Highlights

• Property located in the very popular and densely populated Grandview Heights offering long-term stability with high-quality renovations and strong tenant commitment.
• Tenants recently renewed.
• Shopping center underwent a complete remodel in 2024.
• Exterior and Interior Upgrades
• Parking lot resurfaced with new asphalt and fresh striping.
• Both buildings received new EPDM roofing systems with a 20-year warranty, along with a fresh coat of exterior paint.
• City approved dumpster enclosure with exterior security cameras.