Property Focus: 100% Occupied Investment - Retail with Apartments in Opportunity Zone - Alterra Real Estate Advisors LLC

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

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