17 Apr The Pulse CBUS: The Hills Market downtown sells for 2.6mm

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

Commercial Sales Recorded Last Week

581 Woodland Ave

Type: Land
Price: $3,400,000 ($14.64 / Land SF)
Buyer: OHIO POWER COMPANY
Elifin’s Notes: Ohio Power Company purchases 5.33 acres of commercial vacant land in the Woodland Park area; also on the property sits a colonial style home built in 1940

735 Ceramic Pl

Type: Office
Price: $2,700,000 ($80.73 / SF)
Buyer: GEN II PROPERTIES LLC
Elifin’s Notes: Akron-based entity acquires two-story, 33,444 sq ft, office building in the Northern Woods area of Westerville

95 N Grant Ave

Type: Retail
Price: $2,600,000 ($207.75 / SF)
Buyer: EDWARDS GRANT AVENUE LLC
Elifin’s Notes: The Hills Market sells in the downtown area

493 E Livingston Ave

Type: Retail
Price: $1,100,000 ($99 / SF)
Buyer: 493 E LIVINGSTON LLC
Elifin’s Notes: Large retail space sells in the Schumacher Place area

3840 Main St

Type: Retail
Price: $725,000 ($538.63/ SF)
Buyer: KUMAIL GROUP LLC
Elifin’s Notes: Vacant automotive service station purchased in the Hilliard area at the Main Street and Cemetery Road roundabout

1416 Rickenbacher St

Type: Multifamily
Price: $405,000 ($67,500 / Unit)
Buyer: JBJD LLC
Elifin’s Notes: Local investment entity purchases a 6-unit multi-family property in the Franklinton area

1978 Summit St

Type: Retail
Price: $400,000 ($69.70 / SF)
Buyer: FINISH STRONG LLC
Elifin’s Notes: Street-level retail-restaurant space with possible apartment configurations on the second floor sells in the Indianola Terrace area

1075 Oak St

Type: Multifamily
Price: $380,000 ($63,333.33 / Unit)
Buyer: AIMHH PROPERTIES QOZB LLC
Elifin’s Notes: Dublin-based entity purchases 6-unit multi-family property in the Olde Towne East area

4375 Refugee Rd

Type: Retail
Price: $350,000 ($320.51 / SF)
Buyer: NEW STAR VENTURES I LLC
Elifin’s Notes: Former fast-food location sells in the Eastland area at the corner of South Hamilton and Refugee Road

3777 E Livingston Ave

Type: Retail
Price: $150,000 ($63.67 / SF)
Buyer: TEROO TIRES & AUTO REPAIR LLC AND HP TIRES & AUTO REPAIRS LLC
Elifin’s Notes: Retail property, currently occupied by an auto parts sales and repairs store, sells in the Leawood Gardens-Walnut Ridge 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.