3963 Cleveland Avenue, Columbus OH 43224
Investment for Sale $799,000
Cap Rate 8.43%
8,208 SF on 0.319 acres
4,000 RSF commercial 1st Floor 3 Tenants
4,000 RSF residential 2nd Floor 4 Tenants
- Located at hard corner with traffic light
- AADT of 21,615+ on Cleveland Ave & AADT of 8,029+ on Ferris Rd
- 2 access points to property
- Built 1968
- In designated State of Ohio Opportunity Zone
- 100% leased; upside rent potential
- Current NOI projected $67,335
2020 NOI potential $80,64
Contact Allen Faires for additional information or a tour
614.545.4093 afaires@AlterraRE.com