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Property profile & analytics
OFF-MARKET
Commercial real estate

1801 State St Columbus, IN 47201-6963

2,750 SF 0.09 ac lot Built 1900
Individually Owned 7-yr Hold Free & Clear
Property ID
US31-1346790
Property summary
AI-generated overview

This exceptional 2,750 square foot mixed-use property at 1801 State Street in Columbus, Indiana presents a remarkable opportunity for business owners seeking high visibility and a thriving location. Situated on a 0.09-acre lot, this building boasts a prime location near downtown Columbus, ensuring consistent foot traffic and maximum exposure for your business. Recent renovations have transformed this property, including a new roof, new windows, new floor joists, new drywall, and a brand-new HVAC system. The meticulous attention to detail is evident throughout, particularly in the elegant trim work. The property also features a desirable private office suite complete with its own private bathroom and the added convenience of a washer and dryer. This turnkey solution offers immediate occupancy and the potential for significant return on investment. The combination of a prime location, recent updates, and attractive interior features makes this property an ideal choice for a variety of businesses seeking to establish or expand their presence in a rapidly growing area of Columbus. The high traffic volume and excellent visibility will significantly enhance your business profile and attract a large customer base. This is a rare opportunity to secure a premium commercial space in a highly desirable location. The asking price is $419,900.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction WOOD
Total area 2,750 SF
Lot 0.09 ac (3,920 SF)
APN 03-96-30-240-003.600-005
UPID US31-1346790
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Becks Grove Veneer Building Supply Mill
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Clarence B Clift · 7 yrs held
Clarence B Clift
since 2019
5 recorded transactions
2019
$20,000
2016
Price N/A
2015
$67,000
2007
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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