19 Feb The Pulse CBUS: Cleveland Ave storage facility sells for 2.8mm

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

Commercial Sales Recorded Last Week

3860 Cleveland Ave, Columbus, OH 43224

Type: Self-Storage
Price: $2,820,643 ($7,665 / Unit)
Buyer: MERCURY STORAGE 2 LLC
Elifin’s Notes: A self-storage facility sells along Cleveland Avenue in North Linden

12.737 Acres New Albany-Condit Rd, New Albany, OH 43054

Type: Land
Price: $1,971,800 ($3.55 / Land SF)
Buyer: THE NEW ALBANY COMPANY LLC
Elifin’s Notes: The New Albany Company, a local developer, purchases a vacant tract of land, 12+ acres, in New Albany

12.675 Acres West Campus Rd, New Albany, OH 43054

Type: Land
Price: $1,971,800 ($3.57 / Land SF)
Buyer: 6005 NACOT PLACE LLC
Elifin’s Notes: As part of a pair of transactions with the New Albany Company, The Cornerstone Academy Community School, through an LLC, acquires 12+ acres of vacant land next to their newly acquired campus

4050 Britton Pkwy, Columbus, OH 43026

Type: Land
Price: $1,900,000 ($13.38 / Land SF)
Buyer: COLUMBUS HEALTHCARE V LLC
Elifin’s Notes: A 3.2+ acre parking lot sells in Hilliard

3300 Cleveland Ave, Columbus, OH 43224

Type: Specialty
Price: $1,500,000 ($43.81 / SF)
Buyer: COLUMBUS HOLDING GROUP LLC
Elifin’s Notes: The Columbus Holding Group LLC purchases the Ebenezer United Methodist Church property in North Linden

5110 – 5130 Sedalia Dr, Columbus, OH 43232

Type: Retail
Price: $1,000,000 ($49.80 / SF)
Buyer: GNF INVESTMENTS LLC
Elifin’s Notes: A multi-unit neighborhood shopping center sells at the corner of Noe Bixby Road and Sedalia Drive

476 – 482 S Front St, Columbus, OH 43215

Type: Retail
Price: $888,889 ($187.37 / SF)
Buyer: TERRESTRIAL INVESTMENTS LLC; DP ASSETS LLC
Elifin’s Notes: A restaurant property changes hands on South Front Street within the Brewery District

118 N Hamilton Rd (Unit E), Columbus, OH 43230

Type: Office
Price: $360,000 ($129.03 / SF)
Buyer: 118 NORTH HAMILTON LLC
Elifin’s Notes: An office condominium unit changes hands in Gahanna

Lots 3, 4 East Main St, Reynoldsburg, OH 43068

Type: Land
Price: $300,000 ($3.66 / Land SF)
Buyer: RIGHT INVEST LLC
Elifin’s Notes: Two parcels of vacant land, 1.8+ acres, sell behind the office complex at 6400 East Main Street in Reynoldsburg

985 E Hudson St, Columbus, OH 43211

Type: Retail
Price: $290,000 ($113.99 / SF)
Buyer: A TASTE OF TRINI BAR & GRILL LLC
Elifin’s Notes: A retail restaurant property sells in South Linden

2439 N High St, Columbus, OH 43202

Type: Retail
Price: $276,600 ($109.11 / SF)
Buyer: WILLOH PROPERTIES LLC
Elifin’s Notes: Former Blue Danube restaurant property sells in Old North Columbus

251 S Hamilton Rd, Columbus, OH 43213

Type: Retail
Price: $110,000 ($92.28 / SF)
Buyer: YOHANNES FREWOINI & ANTONIOS ROMHA
Elifin’s Notes: A retail property changes hands along South Hamilton Road near Whitehall

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.