The team at Alterra Real Estate Advisors has a long history of finding the best commercial real estate to suit the needs of business owners and investors in Columbus, Ohio. One of our newest listed properties, at 6111-6117 Maxtown Road, offers a great location and an excellent value for an owner/investor. The new owner will take possession of a property that is producing income and is located in thriving Westerville, Ohio.
Property Overview
The Maxtown Road property is situated on 2.335 acres and has 31,190 square feet of floor space. This multi-unit property has a price of $1,495,000 but does not include the two cell towers. Zoned as light manufacturing, the property is 97 percent occupied with one 740-square foot space available for lease.
Property Features
This Westerville property is suited for a variety of commercial uses. The 31,190 square foot building is 76 percent warehouse and 24 percent office space. Built in 1988, the building is painted in natural tones, has an 18-foot ceiling height, four drive-in doors at the rear of the building and two loading docks. A loading dock is at each end of the building, offering easy access to deliveries for the tenants.
Current Tenants
This property is 97 percent occupied. The current long-term tenants include:
- The Guitammer Company, manufacturers of low-frequency sound products
- Jamison and Associates, certified public accountants
- LA Cleaners, dry cleaners
- J.R.M Auto, car detailers
- MCF Solutions, developers of customized furniture solutions for dental offices
Location, Location, Location
The nation’s 15th largest city and the second fastest growing metropolitan area in the Midwest, Columbus is a thriving city with a population estimated at 2 million. Columbus has been consistently ranked by Inc. Magazine as one of the best metropolitan areas in the Midwest to start a business.
The potential for future growth is high, and Westerville, a Columbus suburb, is a recipient of this growth. The property at 6111-6117 Maxtown Road sits behind Home Depot and directly across from Worthington Industries. It’s a little over 3 miles to Interstate 71 and about the same distance to Westerville, putting this property in the heart of the growing Columbus area.
If you are in the market for commercial property, contact an Alterra Agent. We would love to answer any questions you may have about this property. We think this listing would be an excellent investment for the right buyer, but we can assist you with other options that may be more suitable to your investment priorities, goals and business needs. Give us a call today.