Renovated Multi-Story Office
1100 Dennison Ave Columbus, OH 43201
For Sale
Contact for pricing
Fully renovated in 2021 with three floors, each offering restrooms and a kitchenette, plus 10 on-site parking spaces.
Property Size12,000 SF
Price / SF$332.92
Days on Market1052
Property Features for 1100 Dennison Ave
General Information
Standard status
Active
Size
12,000 SF
Property subtype
OFFICE
Listing Agency:
Passov Real Estate Group
(216) 970-5122
Listed By:
Austin Loconti
(216) 970-5122
Source:
Moodyscre
Added: Sep 11, 2023
Changed: Jul 25
Last Checked: Jul 28 at 2:59PM
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 Passov Real Estate Group
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $237.6k | $19.80 |
| − Vacancy | −$52.7k | −$4.40 |
| EGI | $184.9k | $15.40 |
| − OpEx | −$46.2k | −$3.85 |
| NOI | $138.6k | $11.55 |
12,000 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,640 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,060 @ 7.0% cap · market cap 4.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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 is the asking price?
The asking price for this property is $3,995,000.
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
