1840 Progress AveColumbus, OH 43207

For Sale
$6,399,000

Prime Columbus industrial space, rail-served, high ceilings.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 86,386-square-foot industrial building presents a compelling investment opportunity in Columbus, Ohio. Located at 1840 Progress Avenue, this single-tenant property sits on a generous 3.84-acre lot and boasts a range of desirable features ideal for distribution, manufacturing, or warehousing. Built in 1966, the building offers a single-story layout with a substantial 27-foot ceiling height, providing ample vertical space for various operational needs. Seven dock-high doors and three 14-foot drive-in doors ensure efficient loading and unloading, complemented by a spacious 42' x 34' column spacing. The property benefits from immediate rail access, enhancing logistical capabilities. Electrical service is robust, featuring 480V/600 amp power. The property is zoned Manufacturing (M), aligning with a variety of industrial uses. The asking price is $6,399,000, translating to $74.07 per square foot. The seller may consider a leaseback of one-third of the building, offering potential flexibility for buyers. This property represents a rare opportunity to acquire a well-located, functional industrial asset with significant upside potential. The property's APN is 010-117305-00.

Highlights

  • ±86,000 SF industrial building available in Columbus, OH.
  • 3.84-acre site.
  • Seven dock-high doors and three drive-in doors.
  • Immediate rail access.
  • Up to 27' ceiling height.
  • 42' x 34' column spacing.

Property Details for 1840 Progress Ave

Property type
Other warehouses, Other industrial properties
Square Feet
86,386 SF
Year Built
1966
Buildings
1
Stories
1
Lot Size (sq. ft)
167,270 SF
Units
1

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.929484721927
Longitude
-82.947401255237
1840 Progress Ave, Columbus, Ohio

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1840 Progress Ave
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