3245 East Livingston Ave Columbus, OH 43227

This exceptional mixed-use office building, located at 3245 E Livingston Ave in Columbus, Ohio, presents a compelling investment opportunity. The 10,260 square foot property, built in 1964 and extensively renovated in 2011/2021, boasts nine units across two stories within a single building on a 0.68-acre lot. Currently housing eight tenants with an 80% occupancy rate, the property generates a Net Operating Income (NOI) of $68,959, representing a 7.00% cap rate. Significant improvements include a new roof with a warranty extending to 2026, new exterior stucco, updated windows, and complete lower-level renovations in 2020/2021, bringing it into ADA compliance. These renovations encompassed new electrical, plumbing, HVAC systems, bathrooms, and energy-efficient LED lighting. The upper level also received a comprehensive remodel in 2012, including HVAC upgrades and updated plumbing and electrical systems. A new hot water heater was installed in July 2021. This Class B property is ideal for investors seeking strong returns or owner-occupants looking to expand their business. The property's multi-tenant structure and recent upgrades offer a stable income stream and significant potential for future growth. Serious inquiries only, with proof of funds or financing, are encouraged. A walkthrough of common areas and vacant suites can be arranged with at least 24 hours' notice.