406 Granville St Gahanna, OH 43230-2947
This vacant, net-leased convenience store presents a compelling investment opportunity in Gahanna, Ohio. The 1,736 square foot building sits on a 0.49-acre lot at 406 Granville St, Columbus, OH 43230, boasting a prime location next to a thriving, fully-leased shopping center. Built in 1970, this property benefits from exceptional visibility and high traffic counts, averaging 27,296 vehicles daily (2023 data). Its convenient location offers easy access to I-270, and is a short 10-minute drive from John Glenn International Airport and the Easton Shopping Center, ensuring strong potential for future tenant occupancy and return on investment. The asking price is $1,200,000. This single-tenant property is currently vacant, offering a blank canvas for a new lease and the potential for significant rental income. The property's size and location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a well-situated retail property in a high-growth area. The net lease structure minimizes management responsibilities for the investor. Don't miss this chance to capitalize on this strong investment opportunity.
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Firehouse Subs South Gahanna Take-out & Catering Catering Service
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Gaines and Sloan Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.