50 Old Village Rd Bureau 1 865 m² 100 % Loué À vendre Columbus, OH 43228

Court Appointed Receiver Sale. Opportunity to acquire 50 Old Village Rd, a 20,076 SF, 2 story brick office building. Located 6 miles east of Downtown Columbus Ohio, just off US 40 with over 44,000 VPD and seconds to Ohio Health Doctors Hospital and other ancillary medical users. Attractive value-add opportunity with stabilized income and strong upside potential. This property offers immediate cash flow from current tenants, while presenting investors the chance to enhance returns through strategic capital improvements, lease-up of remaining vacancies, and potential rent increases.
All offers, including proof of financial capability, should be submitted via email to kurt@prodigyprop.com. Email Kurt for a copy of the LOI. Offers should be submitted by 2pm, July 16th in order to be considered by the Receiver.
Investment Highlights
• Strong Columbus Submarket: Strategically located in a high-demand submarket of Columbus, benefitting from robust population growth and continued urban expansion.
• Strong Columbus Market Dynamics: Positioned within one of the Midwest’s most resilient office markets, supported by a diverse economy and strong employment base.
• Excellent Accessibility: Positioned with convenient access to I-270 and major arterial roads, enabling easy connectivity across Central Ohio and reducing logistical friction for tenants or users.
• Excellent Location in Growing Submarket: Conveniently located in a strong Columbus office corridor with proximity to I-270, US-33, and a wide range of nearby amenities.
• Ample Lot Size & Parking: Situated on a spacious parcel offering generous on-site parking, providing value for owner-users and tenants with high parking needs.
• Attractive Value-Add Opportunity: Ideal for investors seeking upside through strategic capital improvements, repositioning, and lease-up.
• Stabilized Income with Upside: Current occupancy provides immediate cash flow, with additional upside through lease-up of remaining vacancies and potential rent increases.
Receiver reserves the right to accept or reject any bid or offer, or to cancel the sale for any reason, at any time, in its sole discretion and without notice.