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Columbus Industrial Building For Sale

700 TAYLOR AV, Columbus, OH

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For Sale

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Stand-alone industrial building near downtown Columbus with new 5-year lease.

Type:INDUSTRIAL

Property size:

7,020 SF

Lot size:

0.61 Acres

Price / SF:

$135/SF

HighLights

New 5‑Year Lease with 5‑Year Option (signed 3/1/2025)
7.76% CAP Rate at $950,000 Asking Price
Stand‑alone Industrial Building Just East of Downtown Columbus
Less Than 1 Mile (0.8) from I‑670 & Leonard Ave On/Off Ramps
7,020 Square Feet (Appx 3,930 Office / 3,090 Warehouse)
10’ x 10’ Drive‑In Door and 13’+ Clear Height

We can help!

Listing Contact

Ashley Simonton

For Sale

Contact for pricing

Stand-alone industrial building near downtown Columbus with new 5-year lease.

Type:INDUSTRIAL

Property size:

7,020 SF

Lot size:

0.61 Acres

Price / SF:

$135/SF

Added:: Aug 26, 2025
Days on Market:: 293
Last Refresh:: May 20 at 9:14 pm

Property Features for 700 TAYLOR AV

General Information

Standard status: Active
Size: 7,020 SF
Lot size: 0.61 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Ashley Simonton

Listing agent Ashley Simonton License #2005010057

Listing office Hanna Commercial Real Estate | Central Ohio

Listing date Aug 26, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate | Central Ohio

HighLights

New 5‑Year Lease with 5‑Year Option (signed 3/1/2025)
7.76% CAP Rate at $950,000 Asking Price
Stand‑alone Industrial Building Just East of Downtown Columbus
Less Than 1 Mile (0.8) from I‑670 & Leonard Ave On/Off Ramps
7,020 Square Feet (Appx 3,930 Office / 3,090 Warehouse)
10’ x 10’ Drive‑In Door and 13’+ Clear Height

Overview

This stand-alone industrial building, located just east of downtown Columbus, presents an investment opportunity. The property features a new 5-year lease with a 5-year option, signed on March 1, 2025. The building has 7,020 square feet of space, with approximately 3,930 square feet designated as office space and 3,090 square feet for warehouse use, situated on 0.61 acres of land. The office area includes an entry/waiting area, seven offices (one executive, one oversized, and five standard), a large conference room, and an open workspace. There is also a kitchenette with a seating area and two restrooms (men's and women's). The warehouse portion includes two restrooms (men's and women's), multiple storage/closet spaces, and a 10’ x 10’ drive-in door. The clear height is 13’+. Ample parking is available. The property is located less than one mile (0.8) from the I-670 and Leonard Avenue on/off ramps.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$139.0k	$19.80
− Vacancy	−$30.9k	−$4.40
EGI	$108.1k	$15.40
− OpEx	−$27.0k	−$3.85
NOI	$81.1k	$11.55

7,020 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.16M

$1.01M – $1.35M (±1% cap)

NOI $81,104 @ 7.0% cap · market cap 8.54%

Second Best

Warehouse

$481.5K

$421.3K – $561.8K (±1% cap)

NOI $33,706 @ 7.0% cap · market cap 3.55%

Theoretical Best

Office A

$1.46M

$1.28M – $1.71M (±1% cap)

NOI $102,410 @ 7.0% cap · market cap 10.78%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Spectrum Lighting Inc (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

Personal Units 4U — 1520 Hawthorne Ave, Columbus, OH 43203
Self Storage — 1038 mcallister ave, columbus, oh 43205
Self Storage — 2281 Atcheson St, Columbus, OH 43203, United States
L E Storage — 1570 e main st #57, fremont, oh 43420
NextLevel Logistics LLC — 1330 Atcheson St, Columbus, OH 43211

Location Insight

Map
Local Demand

City: Columbus
County: Delaware
State: Ohio
Longitude: -82.9602
Latitude: 39.9813

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For sale
Warehouses
OH
Columbus
700 TAYLOR AV

What type of property is this?

Warehouse - Stand-alone industrial building near downtown Columbus with new 5-year lease.

Where is this warehouse located?

The property is located at 700 TAYLOR AV Columbus, OH.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: New 5‑Year Lease with 5‑Year Option (signed 3/1/2025); **7.76% CAP Rate** at $950,000 Asking Price; Stand‑alone Industrial Building Just East of Downtown Columbus

700 TAYLOR AV, Columbus, OH

Stand-alone industrial building near downtown Columbus with new 5-year lease.

Property Features for 700 TAYLOR AV

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Retail Storefront with Basement Storage

Two-Story Office Building with Separate Suites

Temperature-Controlled Flex Building

Spacious Four-Unit Property in Columbus

Two-Story Office Building with Separate Entrances

High Street Commercial Building

Fast-Casual Restaurant on Campus

Renovated Multifamily Property in Columbus

Updated Duplex with Expansion Potential

All Brick Columbus Multi-Family Property

Masonry Office Building with Parking

Renovated Duplex in Old North

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