881 Main St, Columbus, OH 43205-1713
- Medical Office Space
- 8,649 SF
- 0.43 lot acres
Current Use by Public Records
- Global RX Pharmacy / Pharmacy
- Fariba Mazdeh / Physician
- Main Street Family Medicine / Medical Clinic
- Gowda Chandre MD / Pediatrician / Physician
- Raamis Home Health Care, Inc. / Home Health Care Service
Property Details for 881 Main St
- Year built
- 2009
- Construction
- WOOD
- Lot size
- 0.43 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 010-057022
- APU
- 10057022
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 25, 2008 | $115,000 | Indus Holdings LLC | Linda C Price | Fiduciary Deed | $115k · Jpmorgan Chase Bank NA |
| May 9, 2005 | — | Clem Price | Price,minola | Affidavit Of Death · related | — |
| — | — | Indus Holdings LLC | — | Deed Of Trust · related | $734k · Huntington National Bank |
| — | — | Indus Holdings LLC | — | Deed Of Trust · related | $734k · Huntington National Bank |
| — | — | Indus Holdings LLC | — | Deed Of Trust · related | $738k · J P Morgan Chase Bank |
| — | — | Indus Holdings LLC | — | Deed Of Trust · related | $606k · Community Capital Dev Corp |
Description
This exceptional two-story medical office building, located at 881 E Main Street in Columbus, Ohio, presents a fantastic leasing opportunity. The building, constructed in 2009, boasts a total of 8,649 square feet situated on a 0.43-acre lot. Currently, 1,300 square feet of readily available space is perfect for immediate occupancy. This second-floor unit features abundant natural light from numerous windows and convenient elevator access. The building's zoning is classified as "C," and its APN is 010-057022. The property is ideally suited for medical practices, complementing existing tenants which include a medical doctor's office, a pharmacy, and a healthcare company. The location benefits from its designation as an Opportunity Zone. The building offers multiple tenancies, providing a diverse and established tenant base. This prime Columbus location, with its zip code 43205, offers excellent visibility and accessibility. The available space is offered on a triple net lease basis. Don't miss this chance to secure a thriving space in a well-established medical building.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,720,000
- 6.5%
- $1,585,000
- 7%
- $1,475,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,676,000
- AI Estimate
- $1,045,000
Market price range: $790k - $1.68MMarket price range: $342k - $1.05M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,170,000 Current use
- RESTAURANT
- $1,970,000 Change: +69% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,370,000 Change: +17% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,255,000 Change: +7% Conversion: Moderate
- OFFICE BUILDING
- $1,235,000 Change: +6% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $935,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9758
- Latitude
- 39.9576
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
