1840 Progress Ave Columbus, OH 43207
- Manufacturing properties
- 84,124 SF
- 3.84 lot acres
Current Use by Public Records
- Howard Industries Inc / Chemical Plant
Property Details for 1840 Progress Ave
- Year built
- 1966
- Lot size
- 3.84 lot acres
- Property size
- 84,124 SF
- Property type
- Manufacturing properties
- APN
- 010-117305
- APU
- 10117305
Description
This exceptional 86,386-square-foot industrial building presents a compelling investment opportunity in Columbus, Ohio. Located at 1840 Progress Avenue, this single-tenant property sits on a generous 3.84-acre lot and boasts a range of desirable features ideal for distribution, manufacturing, or warehousing. Built in 1966, the building offers a single-story layout with a substantial 27-foot ceiling height, providing ample vertical space for various operational needs. Seven dock-high doors and three 14-foot drive-in doors ensure efficient loading and unloading, complemented by a spacious 42' x 34' column spacing. The property benefits from immediate rail access, enhancing logistical capabilities. Electrical service is robust, featuring 480V/600 amp power. The property is zoned Manufacturing (M), aligning with a variety of industrial uses. The asking price is $6,399,000, translating to $74.07 per square foot. The seller may consider a leaseback of one-third of the building, offering potential flexibility for buyers. This property represents a rare opportunity to acquire a well-located, functional industrial asset with significant upside potential. The property's APN is 010-117305-00.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $840,000
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Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9466
- Latitude
- 39.9298
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA