11681 Johnstown Road Road, New Albany, OH 43054 (MLS# 218013425)

11681 Johnstown Road Road, New Albany, OH 43054

$2,250,000

Property Type: Commercial Square Footage: 25,000 Lot Size (sq. ft.): 217,800 Status: Closed

Current Price: $2,250,000 List Date: 8/01/2018 Last Modified: 1/26/2025

Overview

Description

Amazing one in a life time opportunity. 5 acres ZONED FOR STORAGE in NEW ALBANY. 2 acres are developed with 3 buildings, 25,000 sq ft of storage units 144 doors, 80% occupied. 2 more acres in the back are approved, zoned, and ready to be built on for additional 3 buildings 25,000 sq. ft. of storage space. Property also features a remodeled 2200 sq ft 2 story home that can be used as office, live in manager, or rented to a tenant, home is in New Albany school district. Storage units were built by Golden Giant, high quality 21in steel construction with steel roofs. Middle building is wired for climate control and has HVAC installed and plumbed for propane heating. 24 hour gate access. Installed by quality Calvin Controls and operated by Door King. Facility is fenced and camera protected. A/O

Listing Details MLS# 218013425

Location Property Info

Original List Price: 2250000
Property Sub Type: Mixed Use
Street #: 11681
Street Name: Johnstown Road
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43054
Township: Plain

OfficeContract Info

MLS Entry Date: 2018-04-26

General Property Info

Total SqFt Available: 25000
Bldg Sq Ft: 25000
Max Cont Sqft Avail: 25000
Minimum Sqft Avail: 25000
Occupancy Rate: 87
Number of Units: 144
# of Floors Above Gr: Yes
Total Parking: 7
Year Built Status: 2014
Year Built: 2014
Use Code: 481 - MINI WAREHOUSE
Acreage: 5

Tax Info

Parcel #: 220-O074C -031-06
Tax Abatement: No

Status Change Info

Under Contract Date: 2018-06-01
Sold Date: 2018-09-27
Sold Price/SqFt: 90

Expenses

R.E. Taxes: 30000
Property Insurance: 7000
Repairs&Maintenance: 1000
Electricity Expense: 12000
Accounting & Legal: 1300
Property Management: 5000
Supplies: 1000

More Information

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: All Heat Fuel: Electric Heat Type: Heat Pump Electric: 3 Phase Water Source: Well Services Available: Electricity Available Construction: Metal Sprinkler: None Business Type: Industrial New Financing: Conventional; Owner Financing MLS Primary PhotoSrc: Realtor Provided

Listing Office: NextHome Experience

Listing Agent: Vadim Barash

Last Updated: January - 26 - 2025

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