1015 Broad St Columbus, OH 43205

This exceptional investment opportunity presents a fully renovated, 12,000-square-foot office building situated on a half-acre lot at 1015 E Broad St, Columbus, Ohio 43205. Located in the desirable Olde Town East neighborhood, just outside of Downtown Columbus, this two-story building boasts a prime location on a major east-west thoroughfare. The property includes 40 parking spaces, a significant advantage in this area. Recent renovations encompass a complete interior overhaul, two new HVAC units, a new gutter system, and a state-of-the-art access control system. Security features include key fob access, security cameras, and an intercom system with remote access capabilities. The building offers a strong net operating income (NOI) of $153,188, resulting in an attractive 8% capitalization rate. The asking price is $1,995,000. This property presents an excellent opportunity for an owner-occupant to utilize all or a portion of the space while generating rental income from the remaining area. Alternatively, investors can capitalize on the potential to increase rental rates and explore additional revenue streams from parking. The finished lower level adds to the versatility and functionality of this well-maintained and updated commercial property.