MIXED-USE BUILDING FOR SALE OR LEASE
Andre [email protected] N. High St. Suite 401 Columbus, Ohio 43215614-221-4286www.rweiler.com
Mixed-Use Buildings & Single Family Residence Portfolio
839-845 W Broad St & 33 Souder AveColumbus, Ohio 43222
Donald A SeagerSeager & Associates [email protected] Foresthaven Loop Dublin, Ohio 43016614-946-7402
Property DescriptionCOMMERCIAL MULTIPLE USE BUILDINGS WITH BROAD STREET FRONTAGE!
839-845 W. Broad St. are mixed-use buildings ideal for an owner/user and/or future investment opportunity. The buildings have endless potential as office and possible mixed use retail and residential spaces. Located on
busy West Broad St., in the developing community of Franklinton, this site has great potential for signage options and exposure. The main space of the building was formally a medical office with exam rooms and file storage.
The buildings are available to lease. The lease rate is negotiable.
In addition to these multiple use buildings, there is a fully leased, single family residence that is tucked away just to the south of these buildings on the corner of Souder and W. Capital St. There is an option to purchase this
investment property with the other buildings. It could be redeveloped for parking use. Tenant pays a monthly income of $900 per month. This entire portfolio offers endless potential and possibilities for the right buyer!
Seager and Associates, Inc.
Property Description
Address: 839 W. Broad StOffice: 3,018 +/- SFBasement: 512 +/- SFTotal Size: 3,539 +/- SF
Address: 839-845 W Broad StLocation: Just west of I-270. Between S. Hartford Ave & S. Davis AvePID: 010-014241-00County: FranklinAcreage: 0.167Year Built: 1926 Year Remodeled: 1991Zoning: LC 4 CommercialSale Price: $385,000Lease Rate: Negotiable
Seager and Associates, Inc.
Address: 841 W. Broad StMain Level: 1,216 +/- SFUpper Level: 512 +/- SFTotal Size: 1,728 +/- SF
Address: 845 W. Broad StTotal Size: 1,260 +/- SF
Property Description
Address: 33 Souder Avenue
PID: 010-026391-00
1st Floor: 1,014 +/- SF2nd Floor: 832 +/- SF3rd Floor: 300 +/- SFTotal Size: 2,146 +/- SF
Seager and Associates, Inc.
Acreage: 0.07 +/- acres
Year Built: 1900
Zoning: AR1 Multi-family
Fully Leased! $900/month
Photos
Seager and Associates, Inc.
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Seager and Associates, Inc.
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Seager and Associates, Inc.
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Seager and Associates, Inc.
Sketches
839-841 W Broad Street
33 Souder Avenue
Seager and Associates, Inc.
839-845 W. Broad St.
Property Location
Great Location!Minutes from major arteries
Minutes to Downtown Columbus15 minutes to the Columbus Airport
Seager and Associates, Inc.
Scioto
F RA
NK
L I NT O
N Columbus Idea Foundry - $1.25M
expansion
Kaufman Development - 241 apartments 50,000 SF office
& 30,000 SF retail
Glass Axis Studio
The S
ite
New Franklin County Veterans’ Memorial
Seager and Associates, Inc.
ProposedFranklinton Development
CDDC Owned - 8 acre park atop 620-slot
underground parking garage
CDDC Owned
Nationwide Realty Investors - Acquired
2.3 acres in early 2016, plans for office
& retail, potential residential on south
side
The Site
F RA
NK
L I NT O
N
CMHA Owned
CDDC Owned
Casto/Weiler Mixed Development: 26,000
sf of office public parking garage & 230 rental town-home/flats opening Q3-Q4
2018
Nationwide Realty Investors - Acquired 8 acres for $3.7 M
Relevant Articles
Seager and Associates, Inc.
EXCLUSIVE: Nationwide Realty pays $1M for vacant
Franklinton land
Franklinton Poised for Growth
Nationwide Realty buys Byers dealership site in
Franklinton
Nationwide Seeks to Demo Franklinton Properties, Anticipates Future Development
Is Franklinton the next Grandview Yard?
Nationwide Realty adding to its land holdings in the
neighborhood
*Photos and articles from of Bizjournals.com/columbus, Columbusight.com, and Dispatch.com
CITY GRANTS FOR FRANKLINTON!• 50% reimbursement up to $50,000 ($25,000 reimburse-
ment) for interior renovations.• 50% reimbursement up to $12,000 ($6,000 reimbursment)
for exterior renovations/improvements excluding roof and parking lot.
• Andy Mechenbier will help coordinate these grants through the Franklinton Board of Trade, who is the neighborhood liaison for the grants.
Street Maps
Seager and Associates, Inc.
Aerial & Plat Maps
Seager and Associates, Inc.
Demographics & Traffic
Seager and Associates, Inc.
FACTBOOK 3
The Columbus Region is an 11-county area comprising Delaware, Fairfield, Franklin, Knox, Licking, Logan, Madison, Marion, Morrow, Pickaway and Union counties. This Region represents the coverage area of Columbus 2020’s economic development activities.
The Columbus Region varies from the Columbus Metropolitan Statistical Area (MSA), which comprises 8 of the above 11 counties (excluding Knox, Logan and Marion) and an additional two (Hocking and Perry). Wherever possible, the information and data in this document covers the 11-county region. However, some data is only available at the MSA level and is identified as such in the text, title or source.
• Eleven-county region located in Central Ohio
• Population of 2 million people• Population growth rate of
1.3 percent annually • Ten-county Columbus MSA, 2nd fastest
growing among Midwest metro areas with at least 1 million in population
• Driver of Ohio’s population and economic growth
• 62 college and university campuses • More than 140,000 college students• Home to 15 Fortune 1000 headquarters
COLUMBUS AND FRANKLIN COUNTY
• State capital and largest Ohio city • 15th largest city in the U.S.
COLUMBUS IS WELL CONNECTED TO THE REST OF THE U.S. AND BEYOND
• Port Columbus International Airport: 31 destination airports with more than 140 daily flights
• Enhanced freight rail connections to East Coast ports in Norfolk, VA, Baltimore, MD, and Wilmington, NC
• Columbus is within 500 miles of 44 percent of the U.S. population, higher than other major distribution centers in the U.S. (Source: ESRI Business Analyst, 2013)
REGIONAL OVERVIEWTHE COLUMBUS REGION
MarionCounty
KnoxCounty
LoganCounty
68
U.S. Population within 500 miles
Columbus Chicago
Virgina Beach Los Angeles
Pittsburgh Atlanta
Charlotte Minneapolis
Louisville Savannah
St.Louis Phoenix
Indianapolis Dallas
Memphis
=
New York
Denver
Seattle
139,187,116 – 44% 83,826,331 – 27%
102,716,781 – 33% 46,902,095 – 15%
137,265,695 – 44% 81,371,175 – 26%
98,258,083 – 31% 44,152,696 – 14%
117,447,431 – 37% 66,009,482 – 21%
96,002,428 – 31%
10%
38,438,798 – 12%
110,615,985 – 35% 47,526,233 – 15%
91,338,138 – 29%
90,949,182 – 29%
17,178,926 – 5%
12,810, 661 – 4%
City Highlights
Seager and Associates, Inc.
Marion County
KnoxCounty
Logan County
CLEVELAND
DETROIT
INDIANAPOLIS
CHICAGO
LOUISVILLE
PITTSBURGH
CINCINNATI
ATLANTA
ST. LOUIS
80
75
9 080
90
64
70
80
71
COLUMBUS 70
77
77
6 4
75
65
4 0
250 miles 40 0 km
50 0 miles 80 0 km
RICHMOND
TORONTO
FORTUNE 10 0 0 HEADQUARTERS
City Highlights
Seager and Associates, Inc.
This confidential Offering memorandum has been prepared by The Robert Weiler Company for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.
The information contained in the Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guar-antee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, inde-pendent investigation of the property for your needs. All potential buyers must take appropri-ate measures to verify all of the information set forth herein. Both The Robert Weiler company and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained informa-tion is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or The Robert Weiler Company for the accuracy of completeness of the Memorandum.
A prospective purchaser must make its own independent investigations, projections, and con-clusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement , approved by Seller, shall bind the prop-erty. Each prospective purchaser and /or broker proceeds at its own risk.
Offering Memorandum
Seager and Associates, Inc.