Updated Office Condo in German
For Sale
$565,000
169 E Livingston Ave, Columbus, OH 43215
Well-maintained office condo with flexible configuration and recent updates.
Property Size2,784 SF
Price / SF$202.95
Days on Market188
Property Features for 169 E Livingston Ave
General Information
Standard status
Active
Size
2,784 SF
Property subtype
Office
Building Details
Year Built
1970
Listing Agency:
NAI Ohio Equities
(614) 218-3520
Listed By:
Peter Merkle · License #439173
(614) 218-3520
Source:
Ohioequities
Added: Jan 27
Changed: Jul 6
Last Checked: Aug 2 at 6:43AM
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 NAI Ohio Equities
Investment Insights
Based on property information with market context.
Located in historic German Village, this office condo at 169 E Livingston Avenue offers a professional office opportunity at the gateway to downtown Columbus. The brick building, with approximately 2,784 square feet, features flexible configuration options across three levels, suitable for owner-occupants or investment. The property includes 4 dedicated parking spaces, with additional street parking available. Recent updates in 2017 include new flooring, paint, bathrooms, and LED lighting, plus a new front door, front windows, and air conditioner within the last year. The property is move-in ready. The layout includes private offices, common areas, a break room, a conference room and 2 restrooms. A single office on the upper level is currently leased to a month-to-month tenant for $550 per month. Situated at the southeast corner of E. Livingston Avenue and S. 4th Street, on the edge of Columbus's Central Business District, the location provides access to major transportation corridors including I-70, I-71, and U.S. Route 23. It is located near Nationwide Children's Hospital, Grant Medical Center, and Columbus State Community College, with walkable access to restaurants, shops, parks, the Brewery District, and downtown Columbus amenities. The property is part of the German Village Professional Center Condos, with a condo fee of $100 per month covering landscaping, snow removal, lot paving, and exterior lighting. The water bill is split with a neighboring property via a shared meter. It is located 2 blocks from the Franklin County Municipal Court House, making it suitable for legal professionals and other service providers.
Key Highlights
- Prime location in historic German Village at the gateway to downtown Columbus, offering easy access to major transportation, amenities, and the Central Business District.
- Turn‑key, recently updated office condo (new flooring, paint, bathrooms, LED lighting, front windows, front door, and air conditioner) ready for immediate occupancy.
- Flexible configuration options across three levels (±2,784 SF) suitable for owner‑occupants or multi‑tenant use.
Financial Insights For Office B
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 | $55.1k | $19.80 |
| − Vacancy | −$12.2k | −$4.40 |
| EGI | $42.9k | $15.40 |
| − OpEx | −$10.7k | −$3.85 |
| NOI | $32.2k | $11.55 |
2,784 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$459.5K
$402.1K – $536.1K
NOI $32,164 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$580.2K
$507.7K – $676.9K
NOI $40,614 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 43215, OH
20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value
Market
Vacancy Rate% for Office in Columbus, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office condo with flexible configuration and recent updates.
Where is this office units located?
The property is located at 169 E Livingston Ave Columbus, OH.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Prime location in historic German Village at the gateway to downtown Columbus, offering easy access to major transportation, amenities, and the Central Business District.; Turn‑key, recently updated office condo (new flooring, paint, bathrooms, LED lighting, front windows, front door, and air conditioner) ready for immediate occupancy.; Flexible configuration options across three levels (±2,784 SF) suitable for owner‑occupants or multi‑tenant use.
