27 Nov The Pulse CBUS: Retail center sells for 3.1mm on Grandview Ave

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

Commercial Sales Recorded Last Week

648 Grandview Ave, Columbus, OH 43215

Type: Retail
Price: $3,100,000 ($376.40 / SF)
Buyer: South of Grandview/Dublin Rd.
Elifin’s Notes: A multi-tenant retail property with a gas station sells in the South of Grandview/Dublin Rd area

1948 Mcallister Ave, Columbus, OH 43205

Type: Retail
Price: $2,142,857
Buyer: FIP MASTER FUNDING XXIV LLC
Elifin’s Notes: In the area South of Main, the following addresses, across 8 parcels and including multiple retail properties, have sold this past week: 1948 McAllister Ave, 544 S Nelson Road, 1965 & 1975 East Main Street

5805 Chantry Dr, Columbus, OH 43232

Type: Retail
Price: $596,750 ($46.78 / SF)
Buyer: DDYA PROPERTIES LLC
Elifin’s Notes: A retail restaurant property sells in the Independence Village area

4560 Hilton Corporate Dr, Columbus, OH 43232

Type: Land
Price: $350,000 ($4.75 / Land SF)
Buyer: ARTS & COLLEGE PREPARATORY ACADEMY
Elifin’s Notes: Arts & College Preparatory Academy purchases 1.69 acres of vacant commercial land next to their current campus in Whitehall

325 E Hudson St, Columbus, OH 43202

Type: Retail
Price: $300,000 ($416.67 / SF)
Buyer: CLIFFSIDE REALTY LLC
Elifin’s Notes: The Ohio State Pizza & Deli retail property in the Old North Columbus area

5210 Groveport Rd, Columbus, OH 43125

Type: Retail
Price: $200,000 ($158.73 / SF)
Buyer: BUTCHER JOSHUA & MEADE LOWELL
Elifin’s Notes: A general retail property sitting on 0.13 acres sells in the Obetz 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.