Retail Space Near Main
For Sale
Contact for pricing
1214 E Main Street #1214, Columbus, OH 43205
A 1920-built property offers a flexible setting for retail or office use.
Property Size4,890 SF
Price / SF$0.01
Days on Market73
Property Features for 1214 E Main Street #1214
General Information
Standard status
Active
Size
4,890 SF
Property subtype
Retail
Site & Location
Neighborhood
Near East
Additional Details
Property Use
Retail or Office
Building Details
Year Built
1920
Listing Agency:
Live Well Home Group
Listed By:
Amber Herbster
(614) 300-5326
Source:
Livewellhomegrp
Added: Aug 19
Changed: Oct 28
Last Checked: Oct 28 at 4:24PM
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 4,890-square-foot retail property dates to 1920 and is identified for either retail or office use. Its address is 1214 E Main Street, Suite 1214, in Columbus, Ohio.
The property sits just off Main Street and across from The Merchant, placing it within the Olde Towne East area.
The property sits just off Main Street and across from The Merchant, placing it within the Olde Towne East area.
Key Highlights
- 4,890 square feet
- Built in 1920
- Retail or office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,377
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,127,540
$1.1M
Cap Rate 7%
$805,386
$805.4K
Cap Rate 9%
$626,411
$626.4K
Market Conditions
NOI Build-Up for 4,890 SF
Gross rent
$88.0K $18.00/SF
− Vacancy
−$7.5K −$1.53/SF
EGI
$80.5K $16.47/SF
− OpEx
−$24.2K −$4.94/SF
NOI
$56.4K $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%
$1,127,540
Cap Rate 7%
$805,386
Cap Rate 9%
$626,411
Alternative Uses
Best Use
Retail
$805.4K
$704.7K – $939.6K
NOI $56,377 @ 7.0% cap · market cap 187,923.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$891.7K – $1.19M
NOI $71,337 @ 7.0% cap · market cap 237,790.00%
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
1,483
Businesses Nearby
Explore this area
Business Placement
Demographics for 43205, OH
12,044
Population
7,303
Households
1.6
Avg Household Size
35
Median Age
41%
College-Educated
89%
High-School Grad
2.4 sq mi
ZIP Area
5,018
Density / Sq Mi
$54,214
Median Household Income
$41,219
Median Earnings
$1,050
Median Rent
$290,800
Median Home Value
Market
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Retail space - A 1920-built property offers a flexible setting for retail or office use.
Where is this retail space located?
The property is located at 1214 E Main Street #1214 Columbus, OH.
What are key features of this property?
This property features: 4,890 square feet; Built in 1920; Retail or office use
