06 Nov The Pulse CBUS: The Aldelphi Quarter sells for 20.8mm

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

Commercial Sales Recorded Last Week

818 E Long St

Type: Mixed-Use
Price: $20,805,000
Buyer: MOLL – PRESERVE II LLC
Elifin’s Notes: An Utah-based investment firm purchases The Aldelphi Quarter mixed-use property, across two parcels, within the King Lincoln District

75 E State St

Type: Hospitality
Price: $9,662,625 ($23,741 / Unit)
Buyer: OHIO JOSEPH INVESTMENTS LLC
Elifin’s Notes: The Sheraton Columbus Hotel at Capitol Square sale was entered into the Franklin County Auditor’s record this past week

1950 Arlingate Ln

Type: Industrial
Price: $2,160,400 ($125.66 / SF)
Buyer: INDIANA KENTUCKY OHIO REGIONAL COUNCIL OF CARPENTERS
Elifin’s Notes: The Indiana/Kentucky/Ohio Regional Council of Carpenters purchase an industrial property in the Raymond Park area

4047 Morse Crossing

Type: Retail
Price: $1,817,500 ($516.04 / SF)
Buyer: STEAK N SHAKE IN
Elifin’s Notes: Steak ‘n Shake, Inc purchases a retail property already occupied by their restaurant in the Easton area

7375 Souder Rd

Type: Land
Price: $1,655,000 ($7.52 / Land SF)
Buyer: OHIO POWER COMPANY
Elifin’s Notes: The Ohio Power Company purchases 5+ acres of commercial vacant land in the New Albany area

2150 Innis Rd

Type: Retail
Price: $1,500,000 ($75.00 / SF)
Buyer: NATIONWIDE CHILDREN’S HOSPITAL INC
Elifin’s Notes: Nationwide Children’s Hospital, Inc. purchases the Zettler Hardware retail property in the North Linden area

2295 E Livingston Ave

Type: Office
Price: $1,500,000 ($280.90 / SF)
Buyer: TELHIO CREDIT UNION INC
Elifin’s Notes: An office building changes hands along East Livingston Avenue in the Berwick area

3021 N High St

Type: Retail
Price: $1,020,000 ($837.44 / SF)
Buyer: TDA FAMILY LLC
Elifin’s Notes: An auto dealership retail property sells in the South Clintonville area

6700 Huntley Rd

Type: Industrial
Price: $700,000 ($26.86 / SF)
Buyer: 6700 HUNTLEY LLC
Elifin’s Notes: An industrial property sells in the Worthington area

4640 Wyandotte Drive

Type: Retail
Price: $600,000 ($173.56 / SF)
Buyer: 4640 WYANDOTTE DR LLC
Elifin’s Notes: The Wyandotte Winery retail property sells in the Blendon Woods area

71 E Gay Street

Type: Retail
Price: $380,000 ($168.22 / SF)
Buyer: 2023 ARCHES LLC
Elifin’s Notes: The Tip Top Kitchen & Cocktails occupied restaurant/bar property in the Uptown District changes hands

1220 Boltonfield St

Type: Land
Price: $375,000 ($3.76 / Land SF)
Buyer: 4261 MORSE RD LLC
Elifin’s Notes: A 2.2+ acre parcel of vacant commercial land sells in the Georgesville area

1909 E Livingston Ave

Type: Industrial
Price: $210,000 ($10.38 / SF)
Buyer: EASTON 32718 LLC
Elifin’s Notes: An industrial property sells in the Driving Park area

5092 Cemetery Rd

Type: Retail
Price: $200,000 ($139.47 / SF)
Buyer: STM INVESTMENT GROUP LLC
Elifin’s Notes: An auto sales retail property sells in the Hilliard 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.