614-595-1144 [email protected]

163 Cypress Street SW, Reynoldsburg, OH 43068 (MLS# 214026675)


$575,000
163 Cypress Street SW
Reynoldsburg, OH 43068
MLS# 214026675
Status: Closed



163 Cypress Street SW, Reynoldsburg, OH 43068
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163 Cypress Street SW, Reynoldsburg, OH 43068 163 Cypress Street SW, Reynoldsburg, OH 43068 163 Cypress Street SW, Reynoldsburg, OH 43068

Property Description
This 12,000 sq ft split face office/warehouse block building is fully leased and is divided into 5 separate units. Each unit has offices in the front and at least 10’ doors in the rear. This multi-tenanted property is quality built and provides an excellent investment. Current owner pays water/sewer/trash and exterior maintenance. Tenants pay separate gas and electric. Property is located in an existing quality built industrial/warehouse park. Estimated cap rate is 8.2%.

Details
Location & Property Info
Original List Price: 620000
Sold Price: $545,000
List Price/SqFt: 287.5
Sub-Type: Office
Street #: 163
Street Name: Cypress
Street Suffix: Street
Street PostDirection: SW
County: Licking
City (Mailing Addr): Reynoldsburg
State: OH
Zip Code: 43068
Corp LimitPerAuditor: Pataskala
Township: None
Office/Contract Info
Buy Brkr/Tenant Rep: Yes
BB/TR Amount: 3
BB/TR Amount Type: Percent
Sub Agency: No
Sold Non-MLS: No
Status: Closed
MLS Entry Date: 2014-06-05
For Sale: Yes
Exchange: No
For Lease: No
General Property Info
Office Sq Ft: 2000
SqFt ATFLS: 12160
Max Cont Sqft Avail: 12160
Minimum Sqft Avail: 12160
Number of Units: 5
# of Floors Above Gr: 1
Acreage: 1.53
Tax Info
Parcel #: 063-141876-00.009
Tax Year: 2012
Taxes (Yrly): 11567
Status Change Info
Under Contract Date: 2015-04-11
Sold Date: 2015-06-03
Sold Price: $545,000
Sold Price/SqFt: 272.5
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Best Corporate Real Estate

Listing Agent: Randy Best

Last Updated: November - 10 - 2021


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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