21 Oct The Pulse CBUS: 8th and High complex sells for 40mm near OSU

A weekly update on the commercial real estate landscape of Columbus.

Commercial Sales Recorded Last Week

1475 N High St, Columbus, OH 43201

Type: Mixed-Use
Price: $40,750,000 ($238.89 / SF)
Buyer: 1475 N HIGH STREET LLC
Elifin’s Notes: The property known as 8th and High, a mid-rise apartment complex with several street-level retail tenants, sells near the Ohio State University.

3045 E Main St; 730 Brookside Dr, Columbus, OH 43209

Type: Mixed-Use
Price: $1,425,000 ($133.20 / SF)
Buyer: BEXLEY ENTERPRISES LLC
Elifin’s Notes: A motel on East Main Street, along with a 4-unit multifamily property, sells to Bexley Enterprises LLC.

6235 Perimeter Dr, Columbus, OH 43017

Type: Office
Price: $1,200,000 ($205.80 / SF)
Buyer: MATRACIA PROPERTIES LLC
Elifin’s Notes: Matracia Properties has acquired an office condominium unit within Perimeter Center.

110 Front St, Columbus, OH 43125

Type: Mixed-Use
Price: $1,000,000
Buyer: LP88 INVESTMENT LLC
Elifin’s Notes: A mixed-use commercial property sells on Front Street.

740 Grandview Ave, Columbus, OH 43215

Type: Retail
Price: $991,230 ($176.25 / SF)
Buyer: BLACK KNIGHT 24 LLC
Elifin’s Notes: A retail property sells just south of Dublin Road on Grandview Avenue.

2125 Marble Cliff Office Pk, Columbus, OH 43215

Type: Land
Price: $599,000 ($11.75 / Land SF)
Buyer: 26 MOORE STREET LLC
Elifin’s Notes: A 1.1+ acre parcel of land sells off of Dublin Road within the Marble Cliff Office Park.

3055 N High St, Columbus, OH 43202

Type: Office
Price: $454,000 ($161.85 / SF)
Buyer: SCHLEGEL DAVID G
Elifin’s Notes: A two-story office property sells on North High Street in Clintonville.

3680 Westerville Rd, Columbus, OH 43224

Type: Specialty
Price: $450,000 ($162.45 / SF)
Buyer: ECG WESTERVILLE LP
Elifin’s Notes: A church sells on Westerville Road, just across from the Wasserstrom Columbus Distribution Center.

5186 Paul G Blazer Pkwy, Columbus, OH 43017

Type: Office
Price: $205,000 ($136.67 / SF)
Buyer: MASTERMINDS RENTALS LLC
Elifin’s Notes: An office condominium unit sells on Paul Blazer Parkway.

224 Morse Rd, Columbus, OH 43214

Type: Land
Price: $150,000 ($11.04 / Land SF)
Buyer: HAMMER CHRISTOPHER M
Elifin’s Notes: A parking lot sells on Morse Road near the Graceland Shopping Center.

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.