16 Sep The Pulse CBUS: Flats on Cleveland apartments sell to Chicago-based group

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

Commercial Sales Recorded Last Week

3663, 3669, 3788, 3816 Cleveland Ave, Columbus, OH 43224

Type: Multifamily
Price: $3,550,000 ($61,207 / Unit)
Buyer: COVES AT COLUMBUS III LLC
Elifin’s Notes: The Clear Investment Group, a Chicago-based multifamily investment group, purchases the Flats on Cleveland apartments.

10.3 Acres Big Run South Rd, Grove City, OH 43123

Type: Land
Price: $3,050,000 ($6.80 / Land SF)
Buyer: MIDWEST INDUSTRIAL GROVE CITY OWNER LLC
Elifin’s Notes: A 10+ acre parcel of land trades off of Big Run South Road.

340 E Fulton Ave, Columbus, OH 43215

Type: Office
Price: $2,990,000 ($224.66 / SF)
Buyer: ELEVATE 340 LLC
Elifin’s Notes: Fairfield Homes, Inc. acquires the Ohio Democratic Party building at the intersection of East Fulton Street and South Grant Avenue.

5000 Horizons Dr, Columbus, OH 43220

Type: Office
Price: $2,600,000 ($210.42 / SF)
Buyer: PPBJ MANAGEMENT LLC
Elifin’s Notes: Local investor acquires an office off of Riverside Drive near Hayden Road.

2348, 2354, 2360, 2370, 2374 W Broad St, Columbus, OH 43204

Type: Retail
Price: $1,300,000 ($54.83 / SF)
Buyer: COLUMBUS HOLDING GROUP LLC
Elifin’s Notes: Columbus Holding Group LLC acquires this collection of buildings on the 2300 Block of West Broad Street.

2233 Morse Rd, Columbus, OH 43229

Type: Retail
Price: $1,190,000 ($158.67 / SF)
Buyer: SCHNITKER PROPERTIES LLC
Elifin’s Notes: An auto repair retail property changes ownership on Morse Road between Cleveland Avenue and I-71.

5799 – 5803 Spring Run Dr, Columbus, OH 43229

Type: Retail
Price: $550,000 ($125.11 / SF)
Buyer: LUXURY WORLDWIDE LLC
Elifin’s Notes: A car wash center sells off of East Dublin Granville Road.

2677 – 2681 Main St, Columbus, OH 43209

Type: Retail
Price: $455,300 ($87.56 / SF)
Buyer: TA HOANG MINH
Elifin’s Notes: A multi-tenant retail property sells in Bexley.

1378 Livingston Ave, Columbus, OH 43205

Type: Retail
Price: $239,500 ($76.57 / SF)
Buyer: SPENCE OVERTON
Elifin’s Notes: A dwelling turned commercial property sells in the Driving Park area.

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.