Renovated Multi-Story Office
For Sale
Contact for pricing
1100 Dennison Ave, Columbus, OH 43201
Fully renovated in 2021 with three floors, each offering restrooms and a kitchenette, plus 10 on-site parking spaces.
Property Size12,363 SF
Price / SF$0.01
Days on Market96
Property Features for 1100 Dennison Ave
General Information
Standard status
Active
Size
12,363 SF
Total Parking Spaces
10
Property subtype
Office
Lease Term
MG
Site & Location
Neighborhood
Victorian Village
Amenities
restrooms
kitchenette
signage opportunities
Building Details
Building Size
12,363 SF
Year Built
1962
Year Renovated
2021
Stories
3
Properties For Sale
at 1100 Dennison Ave
Third Floor
Size
3,950 SF
Type
Office Building
Term
Negotiable
Listed By:
Aaron Lewandowski · License #OH #SAL.2015005887
(419) 266-2720
Source:
Lee-associates
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 26 at 1:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aaron Lewandowski
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Investment Insights
Based on property information with market context.
This fully renovated, three-story office building was built out in 2021 and totals approximately 12,000 square feet, with about 4,000 square feet on each floor. Each floor includes two restrooms and a kitchenette, supporting flexible day-to-day office use.
The property is located in Victorian Village, minutes from downtown and the Short North Arts District. Parking is available directly behind the building with 10 dedicated spaces, and there is also free public parking along the street in front and back of the building.
Additional visibility features include ample signage opportunities at the front and side of the building, supporting tenant branding and building recognition.
The property is located in Victorian Village, minutes from downtown and the Short North Arts District. Parking is available directly behind the building with 10 dedicated spaces, and there is also free public parking along the street in front and back of the building.
Additional visibility features include ample signage opportunities at the front and side of the building, supporting tenant branding and building recognition.
Key Highlights
- Fully renovated and built out in 2021 with 3 stories totaling approx. 12,000 SF (approx. 4,000 SF per floor)
- Each floor includes 2 restrooms and a kitchenette
- 10 parking spaces directly behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,636
Suggested Prices Based on Cap Rates
Cap Rate 5%
$912,720
$912.7K
Cap Rate 7%
$651,943
$651.9K
Cap Rate 9%
$507,067
$507.1K
Market Conditions
NOI Build-Up for 3,950 SF
Gross rent
$78.2K $19.80/SF
− Vacancy
−$17.4K −$4.40/SF
EGI
$60.8K $15.40/SF
− OpEx
−$15.2K −$3.85/SF
NOI
$45.6K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$912,720
Cap Rate 7%
$651,943
Cap Rate 9%
$507,067
Alternative Uses
Best Use
Office B
$651.9K
$570.5K – $760.6K
NOI $45,636 @ 7.0% cap · market cap 162,985.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$823.2K
$720.3K – $960.4K
NOI $57,624 @ 7.0% cap · market cap 205,800.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
1,953
Businesses Nearby
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Business Placement
Demographics for 43201, OH
37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office building - Fully renovated in 2021 with three floors, each offering restrooms and a kitchenette, plus 10 on-site parking spaces.
Where is this office building located?
The property is located at 1100 Dennison Ave Columbus, OH.
What are key features of this property?
This property features: Fully renovated and built out in 2021 with 3 stories totaling approx. 12,000 SF (approx. 4,000 SF per floor); Each floor includes 2 restrooms and a kitchenette; 10 parking spaces directly behind the building
