Downtown Live-Work Office
1237 Broadway Columbus, GA 31901
For Sale
Contact for pricing
Three-level building with main-floor office space, storage-ready basement, and a fully equipped apartment.
Property Size6,240 SF
Price / SF$272.44
Days on Market88
Property Features for 1237 Broadway
General Information
- Standard status
- Active
- Size
- 6,240 SF
- Property subtype
- Office, Mixed Use
Building Details
- Year Built
- 1900
Listing Agency:
G2 Commercial Real Estate Services
(706) 660-5418
Listed By:
Amy Gill · License #381793
Source:
Crexi
Added: Apr 28
Changed: Jul 23
Last Checked: Jul 23 at 1:22PM
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 G2 Commercial Real Estate Services
Investment Insights
Based on property information with market context.
1237 Broadway is a three-level commercial property offering approximately 6,240 square feet of versatile space. The main floor is configured for office use and provides a functional layout for a variety of business needs. The basement level was most recently used for storage and includes additional space that could be adapted to support expanded operations.
The top floor features a fully equipped apartment with a kitchen and bathroom, making the building well-suited for an owner-occupant live/work arrangement or potential supplemental rental use. Located in the heart of Downtown Columbus on Broadway, the property combines flexible interior configurations with an in-town address.
The top floor features a fully equipped apartment with a kitchen and bathroom, making the building well-suited for an owner-occupant live/work arrangement or potential supplemental rental use. Located in the heart of Downtown Columbus on Broadway, the property combines flexible interior configurations with an in-town address.
Key Highlights
- Approximately 6,240 SF across three levels in Downtown Columbus at 1237 Broadway
- Main floor configured for office use, suitable for a variety of business types
- Basement level most recently used for storage with additional space and conversion potential
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 | $105.6k | $16.92 |
| − Vacancy | −$7.7k | −$1.24 |
| EGI | $97.9k | $15.68 |
| − OpEx | −$24.5k | −$3.92 |
| NOI | $73.4k | $11.76 |
6,240 SF · lease $16.92/SF/yr · vacancy 7.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.05M
$917.6K – $1.22M
NOI $73,405 @ 7.0% cap · market cap 4.32%
Second Best
Mixed Use
$1.02M
$892.2K – $1.19M
NOI $71,379 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,735 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mann Finance Co
Loan Service
Southern Grown Clothing
Corporate Office
FAQs
What type of property is this?
Live-work space - Three-level building with main-floor office space, storage-ready basement, and a fully equipped apartment.
Where is this live-work space located?
The property is located at 1237 Broadway Columbus, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approximately 6,240 SF across three levels in Downtown Columbus at 1237 Broadway; Main floor configured for office use, suitable for a variety of business types; Basement level most recently used for storage with additional space and conversion potential
