Listing Agency: CBRE | Columbus Show Phone

Listed By: Collin Wheeler

Source: Moodyscre

Added: Feb 2, 2023 Changed: Jul 10 Last Checked: Jul 21 at 5:50AM

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Investment Insights

Based on property information with market context.

The property at 241-253 Spring St is a single-story commercial space. Previously occupied by Central Ohio Welding, a steel fabrication and machine shop, the interior has been white-boxed by the landlord, Hackman Capital Partners. Conceptual renderings are available to illustrate the building’s potential.

Key Highlights

• White‑boxed interior ready for customization.
• Single‑story commercial space.
• Formerly a steel fabrication and machine shop.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

6,113

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Columbus, OH

$17.6 /SF/Yr

Avg Asking Price

$0.7–$39 /SF/Yr

Price Range

11,261 SF

Avg Space Size

Vacancy Rate% for Retail in Columbus, OH

5.4% 2019

5.2% 2020

4% 2021

3.8% 2022

3.5% 2023

3.8% 2024

4.1% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Single-story commercial space with white-boxed interior ready for customization.

Where is this retail space located?

The property is located at 241-253 E Spring St Columbus, OH.

What are key features of this property?

This property features: White‑boxed interior ready for customization.; Single‑story commercial space.; Formerly a steel fabrication and machine shop.