614-595-1144 [email protected]

196 W Center Street, London, OH 43140 (MLS# 223012543)

$875,000
196 W Center Street
London, OH 43140
MLS# 223012543
Status: Closed
17730 sqft
196 W Center Street, London, OH 43140
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Property Description
London Florist, Greenhouse and Garden Center, including the commercial real estate. Established in 1910, important component of local economy offering fresh floral arrangements/flowers, and gifts for all occasions Includes retail garden center selling gardening tools and supplies, and annual/perennial plants (most grown in 6 greenhouses and 2 hoop houses: total +/- 15,000 sf). Oldest 5 greenhouses were replaced in summer 2023. +/- 3.5 vacant acres offer space for additional business, such as landscaping services/supplies, or development of multi-family housing (current zoning). Business likely to sell with home next door. See separate listing for 194 W. Center Street for more details. New design studio cooler in 2022.

Details
Location & Property Info
Original List Price: 875000
Sold Price: $325,000
List Price/SqFt: 3.46
Sub-Type: Retail
Street #: 196
Street PreDirection: W
Street Name: Center
Street Suffix: Street
County: Madison
City (Mailing Addr): London
State: OH
Zip Code: 43140
Corp LimitPerAuditor: London
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: 2023-05-03
For Sale: Yes
Exchange: No
For Lease: No
General Property Info
Total SqFt Available: 252648
Bldg Sq Ft: 17730
Max Cont Sqft Avail: 252648
Minimum Sqft Avail: 4568
# of Floors Above Gr: 1
Total Parking: 18
Acreage: 5.8
Tax Info
Parcel #: 31-00342.001
Zoning: Multi-Family
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 5383
Status Change Info
Under Contract Date: 2023-12-19
Sold Date: 2024-02-29
Sold Price: $325,000
Sold Price/SqFt: 1.29
Income/Expenses
Gross Income: 610000
Total Expenses: 420000
Net Operating Income: 190000
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Heat Fuel: Gas
Heat Type: Forced Air
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Best Corporate Real Estate

Listing Agent: John Barth

Last Updated: March - 01 - 2024

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

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.

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