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GERMAN VILLAGE OFFICE INVESTMENT for SALE 1108 City Park Ave & 79 Thurman Ave Columbus, Ohio 43206

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GERMAN VILLAGE OFFICE INVESTMENT for SALE 1108 City Park Ave & 79 Thurman Ave Columbus, Ohio 43206 GERMAN VILLAGE OFFICE INVESTMENT FOR SALE 1108 City Park Ave & 79 Thurman Ave Columbus, Ohio 43206 46,000 & 5,000 +/- Square Foot Buildings Stephen Tucker & Todd Schiff [email protected] & [email protected] 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com Property Description GREAT GERMAN VILLAGE OFFICE INVESTMENT! Great investment opportunity located in the heart of German Village at the corner of City Park Ave & Thurman Ave. City Park Place offers the charm and advantages of being in German Village with the convenience of a modern luxury office building without the usual parking shortages. It consists of two office buildings totaling 51,000 SF. There are approximately 120 on-site parking spaces. City Park Place offers tenants the convenience of being part of the central downtown business district combined with the warm, casual feel of historic German Village. Just one block from High Street for easy access to downtown and nearby major highways (I-70, I-71, and I-670). City Park Place is within walking distance to Schiller Park, German Village restaurants, and art galleries. It is unlike any other business location in German Village! Address: 1108 City Park Ave & 79 Thurman Ave Columbus, OH 43206 County: Franklin PID: 010-048856 Location: SEC of Thurman Ave & City Park Ave & East of S. High St 1108 City Park Avenue Building Size: 46,000 +/- SF 100% Leased Height: 4 Story 79 Thurman Avenue Features: Building Size: 5,000 +/- SF • Built in 1900 50 % Leased Height: 2 Story • Originally was a shoe and watch factory Available for Lease: 2,500 +/- SF office space • Complete renovation in 1998-2000 on the 2nd floor • New roof 2000 List Price: $6,950,000 • New windows: CAP Rate: 6.75% 108 City Park Ave - 2000 79 Thurman Ave - 2015 & 2018 Zoning: R2F Residential Parking Map LEGEND Legal Aid Solove Photo Studio IKIC B&GC THUR ACLU Capital City MAN AVENUE 4 6 7 8 63 64 65 66 79 Thurman A ve 5 67 68 69 7 7 70 71 72 73 8 6 8 7 8 C 52 53 54 55 7 9 56 57 7 I 58 59 60 61 62 8 T 0 Y 9 1 9 P R R 37 R R R 38 39 40 41 42 R O O O 2 O O 46 O 47 48 8 T 49 T A T 50 51 9 T I T I T I 7 I I I S S S S I S I S I I I I 3 V R V V 9 V V V 9 7 K R R 4 R R 0 9 O O O O 8 T T T T I I I I S 5 A S 26 S S I I 1 27 28 I I 29 30 31 32 9 V 0 8 V V V 33 34 35 36 V 6 9 E 7 N 9 13 14 15 16 17 18 19 8 U 20 21 22 23 24 25 9 2 8 E 9 9 3 8 1 2 3 4 5 0 6 0 7 8 9 10 1 11 12 4 8 1 0 1 5 8 2 0 1 3 0 1 4 0 1 5 1108 City 0 Park 1 1108 City Park Ave 79 Thurman Ave Property Location Dodge Park Brewery District S HIGH ST Scioto Audubon German Metro Village Park South Franklinton S HIGH ST SCIOTO RIVER GREENLAWN AVE THURMAN AVE Berliner McCoy Park Park Great Location! German Village Minutes to Downtown Columbus 15 minutes to Columbus Airport 20 minutes to Easton and Polaris Property Location Click here to see zoning text Street Maps Aerial & Plat Maps Demographics & Traffic City Highlights Welcome to the Village Make a Memories Here German Village is a historic neighborhood just south of down- “German Village is memorable for a thousand reasons, town Columbus, Ohio. Initially platted in 1814 in Columbus’s all of which are intimately personal to the individuals GERMAN VILLAGE COMMUNITY PROFILE South End, the German Village area primarily developed fortunate to reside in or visit the neighborhood. The sense of between 1840 and 1914. It was settled largely by German im- community is palpable, the historic architecture is beauti- migrants in the mid 1800s. German descendants at one time ful, and the history is visible. German Village is not easily for- comprised as much as a third of the population of the entire gotten. Our neighborhood is a vibrant place to live, work, city of Columbus. shop, and play. Our sense of character is built on a foun- dation of community. We see richness — in our history, our tradition, and our social interaction. We see new genera- Unique Urban Design tions enjoying our own brand of urban living, created more A highway bridge over Interstate 70 is all that separates the than 50 years ago by previous generations of trailblazers”. German Village Historic District from downtown Columbus, but “German Village is an incredible place to be. You feel it when as one looks east from the interstate, the difference between you cross through the Third Street gateway or explore our parks. old and new is glaring. A 20+ story structure sits just north of the Millions of individual bricks were placed on top of one another interstate bridge, and just south, in German Village, no struc- to form this Village. What we have can’t be replicated. We live ture is higher than three stories. Five blocks south, the spire of this way — and protect it with great passion — because we un- St. Mary Church stands 197’ off the sidewalk and towers over derstand that what we have is a neighborhood like no other”. everything around it. Structures and sidewalks are orange masonry, and many streets (about half) are still brick pavers. German Village does not have a recreated sense of histo- Geography ry or kitschy Bavarian feel ~ rather, it is a neighborhood with architecture dating from the 1840s-1890s that has been pre- Boundaries German Village is bound by Pearl served, and its use as a shared residential and commercial Street on the west; East Living- neighborhood has been maintained. People walk to their ston Avenue on the north; Lath- destinations, park on the street due to the overwhelming rop Street, Brust Street, Grant absence of driveways, and live life at a very pedestrian lev- Avenue, Jaeger Street, and el. The neighborhood is extremely dense ~ very often only Blackberry Alley on the east; inches separate neighboring structures, and many struc- and Nursery Lane on the south. tures were built for multi-family use. German Village is nota- bly different because its appearance has changed so little. Parks and Landmarks Schiller Park, named after Johann Christoph Friedrich von Schiller (1759-1805), was once a community meeting ground for German immigrants. It is now the site of recre- ational facilities, gardens, and an amphitheater that hosts free live performances of Shakespearean plays during the summer months courtesy of Actors’ Theatre of Columbus. [22] It is bounded by Jaeger Street and City Park, Rein- hard, and Deshler Avenues. It has been the area’s center for festivals and neighborhood activities since the 1800s. The 23-acre park’s main entrance, along City Park Avenue, greets visitors with the Huntington Gardens, sponsored by Hun- tington National Bank and maintained by volunteers, and the Schiller statue. The statue was presented to the park by local TodayItalian Village Commission residents in 1891. It is a second casting of the statue in Munich, Germany, designed and executed by Max von Widnmann and Today, German Village is a model of urban neighborhood unveiled on May 9, 1863. The Columbus statue was transported preservation and revitalization – a nationally recognized free of charge across the Atlantic. The park is also home to the success story. The average home price in the neighborhood Umbrella Girl Fountain, dedicated to the citizens of German Vil- is $377,450 and several are well over $1 million. The Village lage in October 1996 to replace the missing original sculpture. has a single commercially zoned strip along Livingston Av- enue, and the rest of the neighborhood is mixed use. There is some concentration of businesses along Third Street, Mo- hawk Street and Whittier Avenue, too. The Village is mostly a residential neighborhood of sturdy, red-brick homes with wrought iron fences along tree-lined, brick-paved streets. www.germanvillage.com City Highlights Welcome to Columbus Columbus was founded in 1812 and has been the capital of the State of Ohio for 200 years. As the 15th largest populat- ed city in the United States, covering 228 square miles, the city is recognized nationwide for its historic neighborhoods, booming downtown arts and sporting district, open attitude, and notably affordable quality of life. The city’s economy is very diverse and the community prides itself on being at the COLUMBUS COMMUNITY PROFILE forefront of education reform, fiscal responsibility, and public safety. Economic investments in the future of Columbus have created jobs and spurred major initiatives focused on improv- ing neighborhoods, community health, and the environment. Demographic Columbus Employment The population of Columbus is diverse, young, and has a Columbus serves as headquarters to major national growth rate double the national average. The city’s popula- and multinational corporations, including Nationwide tion is well educated, with over 33 percent having earned a Mutual Insurance, L Brands, Huntington Bancshares, bachelor or advanced degree compared to the national av- American Electric Power (AEP), and Big Lots. In recent erage of 29 percent. City Observatory ranked Columbus 11th years, the healthcare industry has emerged as a nationwide for increase in college educated young adults by growth sector, with the city boasting four nationally percentage of population.
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