3120 E Main St

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3120 E Main St

Columbus, OH 43209
Asking Price
$1.50M
Asset Type
Retail
Class
Class B

What's Special

3120 E Main St is situated in the Bexley and East Columbus area, characterized by a mix of established residential neighborhoods and commercial corridors. The property offers direct frontage on East Main Street, a primary arterial route providing high visibility and steady vehicle counts. The surrounding area features a variety of local businesses, national retailers, and essential services, including grocery stores and dining options. Access to public transportation is available via multiple COTA bus stops located within walking distance, and the site is positioned within few miles of Interstate 70, facilitating regional connectivity to the broader Columbus metropolitan area. The property is suited for a range of retail use cases, including boutique storefronts, service-based businesses, or small-scale showrooms. The layout and location cater to tenants seeking high pedestrian and vehicular exposure within a mature market. Typical tenant profiles for this asset include neighborhood-serving retailers, professional service providers such as insurance or real estate offices, and specialty fitness or wellness studios. Given the surrounding residential density, the site is positioned to support businesses that rely on consistent local traffic and logistical ease for both employees and customers.

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NOI
$80,000
Cap Rate
5.34%
DSCR
0.90
Underwater
Cash-on-Cash
-2.00%
Monthly Payment
$7,416.234
Annual Cash Flow
$-8,994.809

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