About 116 E Moler Street
Introducing an exceptional investment opportunity in the heart of Columbus, Ohio. This impressive property, built in 1923 and renovated in 2023, offers an 18,941 SF building with 4 units, showcasing timeless character and modern functionality. Boasting 100% occupancy and NNN leases, this prime location presents a compelling prospect for retail/street retail investors seeking a stable and lucrative asset. Value add opportunities in play include a finish-ready basement space (HVAC and plumbing in place) and untapped income through a 23-space parking lot that can be monetized by re-zoning and developing, adding substantial asset value. This well-maintained building exudes a captivating blend of historic charm and contemporary appeal, making it an ideal choice for investors looking to capitalize on a property with a strong leasing history and remarkable potential for sustained growth and success.
Features of 116 E Moler Street
| MLS® # | 226013266 |
|---|---|
| Price | $4,350,000 |
| Acres | 0.33 |
| Year Built | 1923 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 116 E Moler Street |
|---|---|
| Area | None |
| Subdivision | Merion Village |
| City | Columbus |
| County | Franklin |
| State | OH |
| Zip Code | 43207 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Listing Details
| Office | Brett A Ludwig of Verti Commercial Real Estate L |
|---|