422-440 5th Street, Columbus, IN 47201

$600,000
13,366
SqFt
Sold Price
$600,000
List Price
$595,000
Closing Date
May 23, 2024
MLS#
21965929
Property Type
Commercial Sale
Sqft. of Residence
13,366
Year Built
1925
Days on Market
86
Status
SOLD

Property Description

The property located at 422-440 5th Street in Columbus is located in the heart of downtown Columbus near the library and visitor's center situated between Washington & Franklin Streets. This is an excellent opportunity for an opportunistic developer as the property is well located in the heart of the Columbus downtown business district. The 422 building was destroyed by fire and demolished and is presently a vacant building site. The 440 building located on the corner adjacent to Franklin Street is in shell condition and is comprised of 13,366 above grade square footage. There is also a basement in a portion of the building. The total land area comprises .52 acres (22,500 SF). The zoning on the building is CD (Commercial Downtown). Note: The property is sold AS-IS and the owner discloses they are aware there is asbestos in a limited portion of the building and a prospective Buyer should complete due diligence accordingly. The Seller is asking $595,000

Additional Information

Acres
0.52
Region
Columbus

Listing courtesy of Rob Millman from Millman Realty Partners, Inc.

Selling Office: The Russell Company.

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