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116 E Moler Street Columbus, OH $ 4,350,000
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116 E Moler Street
$ 4,350,000
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116 E Moler Street

Columbus, OH, 43207
$ 4,350,000
Bedrooms-- Baths-- Sq 18,941

Monthly Estimate*

$ 26,784

116 E Moler Street, Columbus, OH 43207 - Image 1
116 E Moler Street, Columbus, OH 43207 - Image 2
116 E Moler Street, Columbus, OH 43207 - Image 3
116 E Moler Street, Columbus, OH 43207 - Image 4
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116 E Moler Street, Columbus, OH 43207 - Image 7
116 E Moler Street, Columbus, OH 43207 - Image 8
116 E Moler Street, Columbus, OH 43207 - Image 9
116 E Moler Street, Columbus, OH 43207 - Image 10
116 E Moler Street, Columbus, OH 43207 - Image 11
116 E Moler Street, Columbus, OH 43207 - Image 12
116 E Moler Street, Columbus, OH 43207 - Image 13
116 E Moler Street, Columbus, OH 43207 - Image 14
116 E Moler Street, Columbus, OH 43207 - Image 15

Commercial Property for sale in Columbus, OH

for $4,350,000. This 18,941 square foot building was built in 1923 on a lot size of 0.33.

Introducing an exceptional investment opportunity in the heart of Columbus, Ohio. This impressive property, built in 1923 and renovated in 2023, offers an 18,941 SF building with 4 units, showcasing timeless character and modern functionality. Boasting 100% occupancy and NNN leases, this prime location presents a compelling prospect for retail/street retail investors seeking a stable and lucrative asset. Value add opportunities in play include a finish-ready basement space (HVAC and plumbing in place) and untapped income through a 23-space parking lot that can be monetized by re-zoning and developing, adding substantial asset value. This well-maintained building exudes a captivating blend of historic charm and contemporary appeal, making it an ideal choice for investors looking to capitalize on a property with a strong leasing history and remarkable potential for sustained growth and success.

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Commercial Active

Price

$ 4,350,000

Property Type

Commercial

Taxes

$ 15,810

Style

Lot Size

0.33

Year Built

1923

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226013266
Features
General
Sewer Public Sewer
Utilities Water Available Sewer Available Natural Gas Available Electricity Available
Year Built 1923
Stories Count 2
Township None
Property Subtype Retail
Tax Year 2025
Gross Income 386300.0
Additional Parcels Description 010-033452-00
County Franklin
Net Operating Income 289250.0
Operating Expense 97050.0
Property Type Commercial Sale
Subdivision Name Merion Village
Status Active
City Columbus
Lot Size Square Feet 14374.8
Land Lease Y/N N
Tax Annual Amount 15810.0
Property Condition Updated/Remodeled
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Water Source Public
Total Parking 23.0
Lot Size Area 0.33
Spa N
Building Area Total 18941.0
Lot Size Acres 0.33
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Brett A Ludwig

Listing Agent

Verti Commercial Real Estate L

Broker

bludwig@verticre.com

Email

Affordability Calculator

$28,101
Per Month
95%
5%
0%
Monthly Principal & Interest
$26,784
Monthly Property Taxes
$1,318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2026$4,350,000 Listed Price

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116 E Moler Street, Columbus, OH, 43207 is a Commercial Property for sale at $4,350,000 with 18,941 sqft and a lot size of 0.33. 116 E Moler Street was built in 1923. The property's zip code is 43207 which is in Columbus, OH

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