Retail Storefront with Separate
For Sale
$579,000
2290 W Dublin Granville Road Columbus, Columbus, OH 43085
Storefront retail setup with an additional small separate building, positioned directly across from a new shopping center.
Property Size1,498 SF
Price / SF$386.52
Days on Market46
Property Features for 2290 W Dublin Granville Road Columbus
General Information
Standard status
Active
Size
1,498 SF
Total Parking Spaces
10
Amenities
No
Well
0.12
10.0
1498.0
Building Details
Building Size
1,498 SF
Year Built
1870
Stories
2
Listing Agency:
(614) 660-5959
Listed By:
Bernice Banquaio
(614) 660-5959
Source:
Movenowohio
Added: Jul 7
Changed: Aug 8
Last Checked: Aug 8 at 8:15AM
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 Bernice Banquaio
Investment Insights
Based on property information with market context.
This for-sale retail property includes a storefront configuration plus a small separate building on site. The combination can support a variety of operational needs where one space is used for primary retail while the additional building provides flexibility for storage or secondary use, depending on the business requirements.
The property is located on W Dublin Granville Road in Linworth, Columbus, Ohio. Public remarks note it sits directly across the street from a new Linworth Shopping center, creating a convenient connection to planned retail activity in the immediate area.
For buyers seeking a storefront location with room to separate functions, this layout offers a practical way to manage operations under one ownership. The presence of a distinct small building can be helpful for tenant-specific needs that go beyond a single retail footprint, while the street-facing storefront supports customer access for an in-person business.
The property is located on W Dublin Granville Road in Linworth, Columbus, Ohio. Public remarks note it sits directly across the street from a new Linworth Shopping center, creating a convenient connection to planned retail activity in the immediate area.
For buyers seeking a storefront location with room to separate functions, this layout offers a practical way to manage operations under one ownership. The presence of a distinct small building can be helpful for tenant-specific needs that go beyond a single retail footprint, while the street-facing storefront supports customer access for an in-person business.
Key Highlights
- Storefront retail setup with an additional small separate building
- 0.12‑acre lot
- Built in 1870
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,270
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,400
$345.4K
Cap Rate 7%
$246,714
$246.7K
Cap Rate 9%
$191,889
$191.9K
Market Conditions
NOI Build-Up for 1,498 SF
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.
Gross rent
$27.0K $18.00/SF
− Vacancy
−$2.3K −$1.53/SF
EGI
$24.7K $16.47/SF
− OpEx
−$7.4K −$4.94/SF
NOI
$17.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,400
Cap Rate 7%
$246,714
Cap Rate 9%
$191,889
Alternative Uses
Best Use
Retail
$246.7K
$215.9K – $287.8K
NOI $17,270 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$312.2K
$273.2K – $364.2K
NOI $21,853 @ 7.0% cap · market cap 3.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,076
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43085, OH
25,566
Population
10,961
Households
2.3
Avg Household Size
39
Median Age
62%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
3,502
Density / Sq Mi
$112,474
Median Household Income
$63,239
Median Earnings
$1,405
Median Rent
$373,300
Median Home Value
Market
Vacancy Rate% for Retail in Columbus, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail setup with an additional small separate building, positioned directly across from a new shopping center.
Where is this storefront property located?
The property is located at 2290 W Dublin Granville Road Columbus Columbus, OH.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Storefront retail setup with an additional small separate building; 0.12‑acre lot; Built in 1870
