116 E Moler Street, Columbus, OH 43207

$4,100,000

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List Price
$4,100,000
Price Change
▼ $250,000 1781648415
Year Built
1923
MLS#
226013266
Status
ACTIVE
Acres
0.33
Subdivision
Merion Village

Property Description

Introducing an exceptional investment opportunity in the heart of Columbus, Ohio. This impressive property, built in 1923 and renovated in 2023, offers an 18,941 SF building with 4 units, showcasing timeless character and modern functionality. Boasting 100% occupancy and NNN leases, this prime location presents a compelling prospect for retail/street retail investors seeking a stable and lucrative asset. Value add opportunities in play include a finish-ready basement space (HVAC and plumbing in place) and untapped income through a 23-space parking lot that can be monetized by re-zoning and developing, adding substantial asset value. This well-maintained building exudes a captivating blend of historic charm and contemporary appeal, making it an ideal choice for investors looking to capitalize on a property with a strong leasing history and remarkable potential for sustained growth and success.

Additional Information

Tax Year
2025
Yearly Taxes
15810

Listing Courtesy of : Brett A Ludwig ---- Verti Commercial Real Estate L

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