01 Jan The Pulse CBUS: Multifamily portfolio sells for 9.6mm near Topiary Park

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

Commercial Sales Recorded Last Week

518 E Town St, Columbus, OH 43215

Type: Multifamily
Price: $9,631,159 ($66,883 / Unit)
Buyer: TOPIARY PARK APARTMENTS LLC
Elifin’s Notes: A local building owner and developer, in one of two transactions this past week, purchases three multifamily properties near the corner of South Washington Avenue and East Town Street near Topiary Park

535 Officenter Pl, Columbus, OH 43230

Type: Office
Price: $4,525,000 ($395.92 / SF)
Buyer: REALTY INCOME PROPERTIES 29 LLC
Elifin’s Notes: A medical office property sells within Officenter Place near the intersection of I-270 and Hamilton Road

6525 New Albany Rd E, New Albany, OH 43054

Type: Land
Price: $4,424,700 ($7.41 / Land SF)
Buyer: EDGED COLUMBUS LLC
Elifin’s Notes: A 14+ acre parcel of vacant commercial land sells along New Albany Road East

433 Obetz Rd, Columbus, OH 43207

Type: Healthcare
Price: $3,500,000 ($50.33 / SF)
Buyer: OBETZ PROPCO LLC
Elifin’s Notes: The Scioto Retirement Community property changes hands along with an adjacent 1.3+ acre parcel of land in Obetz

1055 Claycraft Rd, Columbus, OH 43230

Type: Industrial
Price: $2,800,000 ($115.99 / SF)
Buyer: RTEAM REAL ESTATE HOLDINGS LLC
Elifin’s Notes: An industrial property with light manufacturing capabilities changes hands along Claycraft Road in Gahanna

3701 S Hamilton Rd, Columbus, OH 43125

Type: Retail
Price: $2,555,000 ($324.24 / SF)
Buyer: CHAMPE RICHARD G TTEE
Elifin’s Notes: A tire retailer and automotive repair shop property sells in Groveport

5150 Nike Dr, Columbus, OH 43026

Type: Industrial
Price: $2,341,637 ($246.23 / SF)
Buyer: 5150 HILLARD PARTNERS LLC
Elifin’s Notes: An industrial property sells in Hilliard near the intersection of Hilliard Rome Road and Nike Drive

33 N Grubb St, Columbus, OH 43215

Type: Mixed-Use
Price: $2,000,000 ($78.09 / SF)
Buyer: THE LINCOLN CENTER FOR FAMILY AND YOUTH
Elifin’s Notes: The Lincoln Center for Family and Youth has acquired The Dowd Center property in Franklinton, which has office space, gymnasium and outdoor recreation facilities.

33 S Washington Ave, Columbus, OH 43215

Type: Multifamily
Price: $1,943,841 ($107,991 / Unit)
Buyer: TOPIARY PARK APARTMENTS LLC
Elifin’s Notes: A local building owner and developer, in one of two transactions this past week, acquires an 18-unit multifamily property on South Washington Avenue near Topiary Park

93-95 Liberty St, Columbus, OH 43215

Type: Retail
Price: $1,800,000 ($180.07 / SF)
Buyer: BTTS VUE REAL ESTATE LLC
Elifin’s Notes: An event venue sells between South High Street and the Scioto Audubon Metro Park

1607 Woodland Ave, Columbus, OH 43219

Type: Industrial
Price: $1,344,300 ($40.50 / SF)
Buyer: REHMAN INVESTMENTS LLC
Elifin’s Notes: A light industrial property sells on Woodland Avenue near East 17th Avenue

57 E Wilson Bridge Rd, Columbus, OH 43085

Type: Office
Price: $1,130,000 ($186.84 / SF)
Buyer: TLC 1031 LLC
Elifin’s Notes: An office building sells in Worthington near the intersection of North High Street and East Wilson Bridge Road

4180 Scioto Darby Rd, Hilliard, OH 43026

Type: Land
Price: $904,506 ($2.27 / Land SF)
Buyer: OHIO POWER COMPANY
Elifin’s Notes: The Ohio Power Company purchases 9+ acres, out of a larger vacant commercial tract owned by Amazon Data Services Inc, along Scioto Darby Road adjacent to I-270.

41 Dering Ave, Columbus, OH 43207

Type: Multifamily
Price: $650,000 ($54,167 / Unit)
Buyer: KSI REALTY WEST LLC
Elifin’s Notes: An entity acquires three four-plexes, totaling 12-units, on Dering Avenue near South High Street

1940 E Main St, Columbus, OH 43205

Type: Retail
Price: $600,000 ($326.09 / SF)
Buyer: SPOT CAR WASH LLC
Elifin’s Notes: A retail car wash property sells on East Main Street, just west of Alum Creek

4662 Cleveland Ave, Columbus, OH 43231

Type: Retail
Price: $520,000 ($72.06 / SF)
Buyer: VEGA PROPERTIES LLC
Elifin’s Notes: An entity purchases a pair of adjacent retail properties with the lot behind acting as a parking lot at the intersection of Cleveland Avenue and Chester Road

3695 N High St, Columbus, OH 43214

Type: Office
Price: $444,025 ($222.01 / SF)
Buyer: ISNER THOMAS J TTEE & ISNER KIMBERLY S TTEE
Elifin’s Notes: An office property changes hands along North High Street near Clintonville

N Meadows Blvd, Columbus, OH 43229

Type: Land
Price: $335,000 ($10.91 / Land SF)
Buyer: LANDO PROPERTIES LLC; CRUZ ESMERALDA HERNANDEZ
Elifin’s Notes: A 0.7+ acre tract of land sells along North Meadows Boulevard near Worthington

7550, 7552 Slate Ridge Blvd, Reynoldsburg, OH 43068

Type: Office
Price: $309,000 ($129.72 / SF)
Buyer: OPTIST INC
Elifin’s Notes: An entity purchases two office condominium units within the Slate Ridge Office Complex in Reynoldsburg

1375 Hentz Dr, Columbus, OH 43068

Type: Retail
Price: $160,000
Buyer: BUILD 24 LLC
Elifin’s Notes: A self service car wash location changes hands in Reynoldsburg along Hentz Drive

1081 Whittier St, Columbus, OH 43206

Type: Retail
Price: $150,000 ($101.28 / SF)
Buyer: 1081 REAL ESTATE LLC
Elifin’s Notes: The Wilson Market grocery store property sells along East Whittier Street

1058 S Parsons Ave, Columbus, OH 43206

Type: Land
Price: $150,000 ($23.27 / Land SF)
Buyer: ALJACKSY & ALJAKHSI GROUP LTD
Elifin’s Notes: A 0.1+ acre parcel of vacant commercial land sells along South Parsons Avenue near South High School

3192 Livingston Ave, Columbus, OH 43227

Type: Office
Price: $125,000 ($64.43 / SF)
Buyer: OFAS HOLDINGS EAST LIVINGSTON LLC
Elifin’s Notes: An office, used for medical purposes, sells along East Livingston Avenue near James Road

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.