423 E Town St

423 E Town St, Columbus, OH 43215

  • For Sale $1,700,000
  • Property Type Office
  • Property Size 9,867 SF
  • Lot Size 0.25 Acre
  • Cap Rate % 9.99
  • Parking Spaces Avail. 12
  • Parking Ratio 1.22 / 1,000 SF
  • Building Class C
  • Year Built 1972
  • Date Updated May 2, 2024

Fully leased two story office property on the edge of Downtown Columbus and the thriving Old Town East neighborhood.

15-year lease agreement in place.

Corporate Guaranty provided by 614Gig.

Long-term Tenant in place 10+ years.

Property visible to 5,435+ vehicles per day on E Town Street.

12 surface parking spaces

Elevator and stair access

12′ Ceiling Height

Signage

New Roof replacement in 2022 with 25-year warrant

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Joshua Waller Is this you?

Alterra Real Estate Advisors

(614) 545-4096

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • City Columbus, OH
  • Neighborhood Discovery District
  • Zip Code 43215
  • Market Columbus

Points of Interest

  • BP

    0.64 miles

  • South Ohio Oil

    0.72 miles

  • Marathon

    0.76 miles

  • Shell

    0.89 miles

  • Mobil

    0.95 miles

  • Tesla Supercharger

    1.20 miles

  • BP

    1.46 miles

  • BP

    1.55 miles

  • Kroger

    1.77 miles

  • Exxon

    1.83 miles

  • Motorists Parking Garage

    0.19 miles

  • Lot E

    0.24 miles

  • Lot D

    0.27 miles

  • Lot I

    0.29 miles

  • Ampco System Parking - Surface Lot

    0.45 miles

  • 33-S

    0.48 miles

  • 12-S

    0.51 miles

  • 13-S

    0.53 miles

  • Columbus Commons Garage

    0.53 miles

  • 32-S

    0.55 miles

  • Home2 Suites

    0.15 miles

  • Holiday Inn

    0.33 miles

  • Sheraton Columbus Hotel at Capitol Square

    0.49 miles

  • Renaissance Columbus Downtown Hotel

    0.55 miles

  • The Westin Great Southern Columbus

    0.62 miles

  • Residence Inn Columbus Downtown

    0.67 miles

  • DoubleTree Suites by Hilton Hotel Columbus Downtown

    0.71 miles

  • Hotel LeVeque, Autograph Collection

    0.72 miles

  • Red Roof PLUS+ Columbus Downtown-Convention Center

    0.79 miles

  • Courtyard Columbus Downtown

    0.86 miles

  • Donatos Pizza

    0.17 miles

  • Indian Oven

    0.17 miles

  • Oodles Noodle & Dumping Bar

    0.18 miles

  • McDonald's

    0.20 miles

  • Dirty Frank's Hot Dog Palace

    0.38 miles

  • The Walrus

    0.43 miles

  • Hangover Easy

    0.43 miles

  • The Olde Oak

    0.44 miles

  • Pierogi Mountain

    0.44 miles

  • Subway

    0.45 miles

  • Ohio Institution for the Education of the Deaf and Dumb

    0.06 miles

  • Franklin University

    0.17 miles

  • Saint Josephs Academy

    0.18 miles

  • Holy Cross School

    0.26 miles

  • Columbus College of Art and Design

    0.37 miles

  • Columbus Downtown High School

    0.42 miles

  • Academy For Leadership

    0.43 miles

  • Columbus State Community College

    0.63 miles

  • Saint Patricks School

    0.66 miles

  • Ballet Met Dance Academy

    0.70 miles

  • Heavenly Kids Center for Early Learning

    0.22 miles

  • Nationwide Children's Hospital Child Care Center

    0.89 miles

  • Star Kidz Learning Center

    1.18 miles

  • Teachable Moments @ Little Gems

    1.83 miles

  • The Goddard School

    2.73 miles

  • St. Catharine Preschool

    3.44 miles

  • Kids Zone

    4.28 miles

  • Kids Kingdom Childcare and Learning Center

    5.06 miles

  • Explore & Discover Academy

    5.34 miles

  • Bright Minds Daycare

    5.41 miles

Frequently Asked Questions

What is the lease rate for 423 E Town St?

Rental asking rate at 423 E Town St is $850,000.00/YR.

What is the total square footage of 423 E Town St?

423 E Town St totals 9,867 square feet.

When was this property built?

423 E Town St was built in 1972.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Joshua Waller Is this you?

Alterra Real Estate Advisors

(614) 545-4096