5915-5937 Karl Rd Columbus, OH 43229

This exceptional 12-unit mixed-use building, located at 5915-5937 Karl Road in Columbus, Ohio, presents a compelling investment opportunity. Built in 1969, the property sits on a substantial 22,215.6 square foot lot and is currently fully rented, offering immediate cash flow. The asking price is $1,225,000, translating to $95.12 per square foot. The two-story structure boasts well-maintained exteriors and interiors, attracting a stable roster of tenants. While the majority of units are currently occupied, a vacant unit provides potential for immediate income generation or strategic repositioning. The property benefits from its strategic location just off the intersection of Karl Road and Dublin-Granville Road, placing it within easy reach of major thoroughfares and amenities. A planned 20% rent increase, effective March 1st, further enhances the property's investment potential, promising significant future returns. This property offers a blend of stability and upside, making it an ideal addition to any commercial real estate portfolio. The property is classified as Special Purpose and is situated in Franklin County, Ohio, zip code 43229. This prime location and the potential for increased rental income make this a truly attractive investment prospect.