Retail Space with Exposed
For Sale
Contact for pricing
1178 N High Street #1176, Columbus, OH 43201
A barber shop occupies the interior and is scheduled to relocate in early 2027.
Property Size12,182 SF
Price / SF$0.16
Days on Market113
Property Features for 1178 N High Street #1176
General Information
Standard status
Active
Size
12,182 SF
Property subtype
Retail
Site & Location
Neighborhood
Victorian Village
Additional Details
Tenant in Place
Yes
Amenities
high ceilings
exposed brick
Building Details
Year Built
1900
Listing Agency:
Live Well Home Group
Listed By:
Amber Herbster
(614) 300-5326
Source:
Livewellhomegrp
Added: Jul 10
Changed: Oct 28
Last Checked: Oct 28 at 3:07PM
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 Live Well Home Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space has high ceilings and exposed brick. A barber shop currently operates in the space and is scheduled to relocate on January 31, 2027. The property was built in 1900.
Key Highlights
- High ceilings and exposed brick define the retail interior
- Barber shop relocation scheduled for 1/31/2027
- Property dates to 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,446
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,808,920
$2.8M
Cap Rate 7%
$2,006,371
$2.0M
Cap Rate 9%
$1,560,511
$1.6M
Market Conditions
NOI Build-Up for 12,182 SF
Gross rent
$219.3K $18.00/SF
− Vacancy
−$18.6K −$1.53/SF
EGI
$200.6K $16.47/SF
− OpEx
−$60.2K −$4.94/SF
NOI
$140.4K $11.53/SF
Area
Columbus, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,808,920
Cap Rate 7%
$2,006,371
Cap Rate 9%
$1,560,511
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,446 @ 7.0% cap · market cap 7,391.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,715 @ 7.0% cap · market cap 9,353.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,172
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Retail space - A barber shop occupies the interior and is scheduled to relocate in early 2027.
Where is this retail space located?
The property is located at 1178 N High Street #1176 Columbus, OH.
What are key features of this property?
This property features: High ceilings and exposed brick define the retail interior; Barber shop relocation scheduled for 1/31/2027; Property dates to 1900
