28 Hamilton RdColumbus, OH 43213

For Sale
$1,850,000

Columbus flex warehouse, high cap rate, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in Columbus, Ohio. This 20,520-square-foot industrial property, situated at 28 S Hamilton Rd, 43213, offers a compelling 7.40% cap rate and a strong NOI of $136,889. The property features two units, each priced at $925,000, totaling an asking price of $1,850,000 ($90.16/sq ft). Built in 1950, this single-story building boasts 12-foot ceilings, three loading docks, and sixteen dock-high doors, ideal for warehouse and flex space operations. The property is zoned for Community Crossroads District use. The building includes 53 parking spaces. All utilities, including water and snow removal, are paid by the tenant

Highlights

  • Exceptional Columbus, OH investment opportunity: 20,520 SF industrial property at 28 S Hamilton Rd, 43213, offering a 7.40% cap rate and $136,889 NOI.
  • Asking price: $1,850,000 ($90.16/SF).
  • Two units, each priced at $925,000.
  • 1950 single-story building with 12' ceilings, three loading docks, and sixteen dock-high doors.
  • 53 parking spaces; Community Crossroads District zoning.
  • Tenant pays all utilities, including water and snow removal; 400 chairs and 30 tables included in sale; liquor license not included.

Property Details for 28 Hamilton Rd

Property type
Other warehouses, Other industrial properties
Square Feet
20,520 SF
Year Built
1950
Buildings
1
Stories
1
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9745596
Longitude
-82.8732319
28 Hamilton Rd, Columbus, Ohio

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28 Hamilton Rd
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