808 3rd Street, Columbus, IN 47201

Property Description

Exceptional multi-tenant commercial investment opportunity positioned along one of Columbus' most established and highly traveled east to west corridors. This fully occupied 5-unit, 6,000 SF strip center offers a compelling blend of immediate income, strong visibility, and future upside in a sought-after central location with MTM leases. The property provides approximately 27 parking spaces, including approximately 15 customer-facing front spaces, supplemented by side-street and rear parking areas in a downtown area where parking is a premium luxury. Situated on bustling 3rd Street with approximately 15,000+ vehicles per day (2021 data), the property benefits from excellent exposure, corner accessibility, and broad tenant appeal for retail, office, boutique medical, personal service, cafe, and specialty commercial users. The current tenant mix includes an established owner-operated business alongside flexible suites supporting diversified occupancy. Bus routes 4 and 5 provide additional walking traffic. Large private school, residential, and rental opportunities nearby provide more visibility. Strategically located three blocks south of downtown Columbus/Washington Street and approximately 0.1 mile west of the Cummins Engine Plant, the property is not located within a flood zone or historic district, offering added flexibility for ownership, leasing, and future improvements. Please see supplements for more specific information.