907 Hudson St Columbus, OH 43211-1163
This exceptional mixed-use property at 907 E Hudson Street, Columbus, OH, is being offered at a public online auction. Bidding begins immediately and concludes at 7:00 PM on Monday, February 24th, 2025. The listed price of $475,500 represents the reserve (minimum bid). This substantial offering encompasses a total of 14,265 square feet situated on a 0.66-acre lot, which includes an additional 40 x 125 foot (0.11-acre) parcel behind the main building. The property is being sold to settle the Estate of James V. Metheney, as per Franklin County, Ohio Probate Court Case No. 633539. The building currently features two tenants occupying a small portion of the space. One tenant pays $500 per month on a month-to-month lease, and the other pays $700 per month under a lease expiring April 30th, 2025. Both tenants will vacate by the end of April. The building's versatile layout includes a large shop area exceeding 3,200 square feet, equipped with five car lifts. A sizable 4,100 square foot middle bay connects to a 4,900 square foot showroom area. Additional space is dedicated to office areas and storage. The property also offers two restrooms, one with a shower, and three gas ceiling heaters. This presents a unique opportunity for investors seeking a substantial mixed-use property in a desirable Columbus location.
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Coach Built Motors Auto Repair Shop
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
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Property description
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Risks
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