Mixed-Use Building with Retail
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For Sale
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1188-1190 N High St, Columbus, OH 43201
Historic three-story property combines retail frontage with residential income potential.
Property Size8,345 SF
Price / SF$335.41
Days on Market4
Property Features for 1188-1190 N High St
General Information
Standard status
Active
Size
8,345 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Victorian Village
Mixed-Use Components
retail, residential
Additional Details
Opportunity Zone
Yes
Building Details
Buildings
1
Stories
3
Listing Agency:
The Robert Weiler Company
(614) 221-4286
Listed By:
Alex Marsh · License #2013002225
(614) 937-3658
Source:
Moodyscre
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 5:56PM
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 The Robert Weiler Company
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Investment Insights
Based on property information with market context.
At 1188-1190 N High St, this historic three-story mixed-use building contains approximately ±8,345 SF. The property combines retail frontage with residential income potential, offering both commercial and residential components within one building.
The property is in Columbus’s Short North Arts District and within an Ohio Qualified Opportunity Zone. Downtown Columbus, Ohio State University, and the Italian Village neighborhood are identified nearby.
The property is in Columbus’s Short North Arts District and within an Ohio Qualified Opportunity Zone. Downtown Columbus, Ohio State University, and the Italian Village neighborhood are identified nearby.
Key Highlights
- Approximately ±8,345 SF in a historic three‑story building
- Retail frontage and residential income potential
- Located in an Ohio Qualified Opportunity Zone
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,210
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,924,200
$1.9M
Cap Rate 7%
$1,374,429
$1.4M
Cap Rate 9%
$1,069,000
$1.1M
Market Conditions
NOI Build-Up for 8,345 SF
Gross rent
$150.2K $18.00/SF
− Vacancy
−$12.8K −$1.53/SF
EGI
$137.4K $16.47/SF
− OpEx
−$41.2K −$4.94/SF
NOI
$96.2K $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%
$1,924,200
Cap Rate 7%
$1,374,429
Cap Rate 9%
$1,069,000
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $96,210 @ 7.0% cap · market cap 3.44%
Second Best
Mixed Use
$1.37M
$1.20M – $1.60M
NOI $95,759 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,740 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic three-story property combines retail frontage with residential income potential.
Where is this mixed-use property located?
The property is located at 1188-1190 N High St Columbus, OH.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: Approximately ±8,345 SF in a historic three‑story building; Retail frontage and residential income potential; Located in an Ohio Qualified Opportunity Zone
