22 East Mound St, Columbus, OH
Historic Columbus landmark with restaurant, bar, and rental apartments.
- Added:
- Jan 16, 2025
- Days on Market:
- 513
- Last Refresh:
- May 20 at 9:33 pm
Property Features for 22 East Mound St
General Information
- Standard status
- Active
- Size
- 4,464 SF
- Lot size
- 0.06 Acres
- Property subtype
- RETAIL
Listing agent Skip Weiler License #321199 (614) 419-4286
Listing office The Robert Weiler Company (614) 419-4286
Listing date Jan 16, 2025
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 The Robert Weiler Company
HighLights
- Fully operational restaurant/bar on the ground level provides a turnkey opportunity.
- Includes a functional hood system.
- Two on‑site apartments provide rental income potential (Airbnb).
- Historic Columbus landmark building.
- Liquor license available (but not included in sale price).
Overview
Local Financial Insights For Specialty Retail
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 | $85.7k | $19.20 |
| − Vacancy | −$6.0k | −$1.34 |
| EGI | $79.7k | $17.86 |
| − OpEx | −$19.9k | −$4.46 |
| NOI | $59.8k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9985
- Latitude
- 39.955
