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3421 Farm Bank Way

1,951 SF Office/Medical Condo Unit Offered at $365,000 in Grove City, OH 43123

Investment Highlights

  • Recently Renovated: New Pergo wood floors and moldings (2019)
  • Versatile Layout: Ideal for medical professionals, psychologists, therapists, or general office use
  • Low Maintenance: Condo association handles exterior upkeep
  • Updated HVAC: New AC unit installed in 2022
  • Existing Income: Current tenant provides immediate cash flow
  • Strategic Location: Situated in Grove City's growing business district

Executive Summary

Prime Office/Medical Condo Opportunity in Thriving Grove City, OH Discover an exceptional investment opportunity in the heart of Grove City, Ohio. This meticulously renovated office/medical condo at 3421 Farm Bank Way offers 1,951 square feet of versatile space, ideal for medical professionals, therapists, or businesses seeking a strategic location in Franklin County. With its recent upgrades, existing tenant, and prime positioning, this property presents a unique chance to establish or expand your presence in one of Ohio's fastest-growing communities. Project Overview This well-maintained office condo, constructed in 2005, has undergone significant renovations in 2019, including new Pergo wood floors, wood moldings, and a new AC unit installed in 2022. The space is currently divided into two sections: a 210 sq ft area occupied by a tenant, and 1,741 sq ft available for the potential buyer's use. This configuration offers immediate rental income while providing ample space for your business operations.

Data Room Click Here to Access

Property Facts

Price $365,000
Unit Size 1,951 SF
No. Units 1
Total Building Size 1,951 SF
Property Type Office (Condo)
Property Subtype
Medical
  • Office Industrial Live Work Unit
Sale Type Owner User
Building Class B
Floors 1
Typical Floor Size 1,951 SF
Year Built 2005
Lot Size 1.00 AC
Parking Ratio 8.71/1,000 SF
Opportunity Zone Yes

1 Unit Available

Unit 100

Unit Size 1,951 SF
Price $365,000
Price Per SF $187.08
Condo Use Office/Medical
Sale Type Owner User
No. Parking Spaces 14
APN/Parcel ID 040-013643
Description

Ideal for Psychologist, Therapist or any counseling use. Recent renovations including new floors and new A/C unit.

Sale Notes

This condo has a Tenant occupying 210 sf and paying $750 per month in rent.

zoning

Zoning Code C-1 (The property at 3421 Farm Bank Way is zoned for office and medical use, making it an ideal location for a wide range of professional services.)
C-1 (The property at 3421 Farm Bank Way is zoned for office and medical use, making it an ideal location for a wide range of professional services.)
  • Listing ID: 33638374

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 3421 Farm Bank Way, Grove City, OH 43123

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