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    Industrial Flex Building with Open Plates Title is generated by Realmo AI

    1171 North Grant Avenue, Columbus, OH 43201

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    A historic 1925 industrial building offering flexible open floor plates for studio, production, light fabrication, or service use.

    Type:FLEX_R_AND_D
    Property size:
    4,124 SF
    Price / SF:
    $157/SF
    Added:
    Jun 1, 2026
    Days on Market:
    34
    Last Refresh:
    Jul 1 at 4:50 am

    Property Features for 1171 North Grant Avenue

    General Information

    Standard status
    Active
    Size
    4,124 SF
    Property subtype
    FLEX_R_AND_D

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    Stephen Tucker

    Listing office Tucker Schiff Realty, LLC

    Listing date Jun 1, 2026

    Source Moodyscre

    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 Tucker Schiff Realty, LLC

    HighLights

    • Historic 1925 industrial building with flexible open floor plates
    • Suitable for creative office, studio/production, light fabrication, showroom, last‑mile service, or pet/daycare uses
    • Compact urban parcel in a growth corridor connecting Downtown, Short North/Italian Village, and OSU
    • Quick highway access via I‑71 at E. 5th Ave and I‑670

    Overview

    This authentic 1925 industrial building features flexible open floor plates suited to creative office, studio/production, light fabrication, showroom, last-mile service, or pet/daycare uses. The layout is designed for adaptable operations, with space that can support a range of day-to-day work and customer-facing functions.

    Set on a compact urban parcel at 1171 North Grant Avenue in Columbus, OH, the property sits within a corridor connecting Downtown, Short North/Italian Village, and OSU. Access is supported by nearby highway connections, with I-71 at E. 5th Ave and I-670 noted as options for quick travel.

    For tenants, buyers, and operators looking for an industrial-style workspace with an open-plan configuration, this building offers a flexible foundation for brands and use cases that need practical interior flow. The combination of adaptable floor plates and a creative-industrial positioning makes it worth a closer look for teams evaluating space for production-adjacent work, showroom operations, service programs, or pet/daycare-style facilities.

    Local 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 $81.7k $19.80
    − Vacancy −$18.1k −$4.40
    EGI $63.5k $15.40
    − OpEx −$15.9k −$3.85
    NOI $47.6k $11.55
    4,124 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $680.7K
    $595.6K – $794.1K (±1% cap)
    NOI $47,646 @ 7.0% cap · market cap 7.34%
    Second Best
    Flex RnD
    $585.4K
    $512.3K – $683.0K (±1% cap)
    NOI $40,981 @ 7.0% cap · market cap 6.31%
    Theoretical Best
    Office A
    $859.5K
    $752.0K – $1.00M (±1% cap)
    NOI $60,162 @ 7.0% cap · market cap 9.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Stay Spot Dogs ... Pet Grooming Service

    Suggested Use

    Big Box & Wholesale Store Dental Office Law Firm Building Supply Food Market Electronics & Wireless Store Garden Center Furniture & Home Goods Storage Facility Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Blue Bow Tie Food Services — 303 E 6th Ave, Columbus, OH 43201
    • University Catering — Ohio Union, 1739 N High St #2187, Columbus, OH 43210
    • Modern Southern Table — 1086 N 4th St, Columbus, OH 43201

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9963018
    Latitude
    39.9873441

    FAQs

    What type of property is this?
    Flex space - A historic 1925 industrial building offering flexible open floor plates for studio, production, light fabrication, or service use.
    Where is this flex space located?
    The property is located at 1171 North Grant Avenue Columbus, OH.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: Historic 1925 industrial building with flexible open floor plates; Suitable for creative office, studio/production, light fabrication, showroom, last‑mile service, or pet/daycare uses; Compact urban parcel in a growth corridor connecting Downtown, Short North/Italian Village, and OSU
    (614) 477-2463 Call to check price and availability
    More about this property
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