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2380 Morse Rd
Columbus, OH 43229
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3,884 SF Freestanding Retail on 1.38± Acres
- Newly Built Showroom with Vehicle Access Doors
- 3 Private Offices, Breakroom, and Kitchenette
- Generating $11,000 Per Month ($132,000 Annually)
- 12' Drive-In Service Garage with Wash Bay and Floor Drain
- Well Maintained with an Advanced IT Room
EXECUTIVE SUMMARY
2380 Morse Road presents an exceptional net-lease investment opportunity in one of Columbus, Ohio’s most active commercial corridors. The property is 100% leased through July 2028, generating $11,000 per month ($132,000 annually) in stable income, offering investors both immediate cash flow and long-term appreciation potential.
This 3,884 SF freestanding retail asset sits on a 1.38±-acre parcel and was originally constructed as a purpose-built automotive dealership. In 2023, the property underwent a comprehensive renovation, modernizing its mechanical systems, finishes, and functional layout — ensuring minimal near-term capital expenditure for ownership.
This 3,884 SF freestanding retail asset sits on a 1.38±-acre parcel and was originally constructed as a purpose-built automotive dealership. In 2023, the property underwent a comprehensive renovation, modernizing its mechanical systems, finishes, and functional layout — ensuring minimal near-term capital expenditure for ownership.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,884 SF
Building Class
B
Year Built
2014
Price
$1,900,000
Price Per SF
$489.19
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.38 AC
Opportunity Zone
Yes
Zoning
Commercial, C4 - Z68-068, Commercial, C4, City of Columbus. Zoned for Used Car Lot and new asphalt lot striped for 150 spaces at Cleveland and Morse. Part of Zone In
Parking
150 Spaces (38.62 Spaces per 1,000 SF Leased)
Frontage
301’ on Morse Rd
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $135,310 | |
| Land Assessment | $112,700 | Total Assessment | $248,010 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$112,700
Improvements Assessment
$135,310
Total Assessment
$248,010
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