1111 Cable AveColumbus, OH 43222

For Sale
$1,650,000

9,150 SF Cold Storage Facility, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a 9,150 square foot, single-tenant, Class C cold storage facility located at 1111 Cable Avenue, Columbus, OH 43222. The property, built in 1952 and situated on a 0.95-acre lot (APN: 010-049751-00, 010-279307-00, 010-030426-00, 010-023801-00), features 15 loading docks, a 15-foot ceiling height, and is zoned for Manufacturing (M). Currently leased under a triple-net (NNN) lease at $10,000 per month, with a remaining term of approximately 2.1 years expiring December 31, 2026 (lease commencement January 1, 2019). The property boasts 100% occupancy since its lease inception and includes approximately 800 square feet of office space. This core+ investment is priced at $1,650,000 and offers a strong return in a thriving industrial market. The property consists of one building, one story, and includes three-phase power. No ground lease is in place, and no lease options are available. This is a rare opportunity to acquire a well-maintained, high-performing asset with significant upside potential.

Highlights

  • 9,150 SF cold storage facility with ±800 SF of office space.
  • 0.95-acre lot in Columbus, OH, zoned Manufacturing (M).
  • 15 loading docks and 9'-15' clear ceiling height; three-phase power.
  • NNN leased at $10,000/month, expiring 12/31/2026.
  • Offered at $1,650,000; located in an Opportunity Zone.

Property Details for 1111 Cable Ave

Property type
Refrigeration & cold storage, Other industrial properties
Square Feet
9,150 SF
Class
C
Year Built
1952
Buildings
1
Stories
1
Lot Size (sq. ft)
41,382 SF
Units
1

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.960932930226
Longitude
-83.030896718976
1111 Cable Ave, Columbus, Ohio

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1111 Cable Ave
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