Mixed-Use Property For
For Sale
$450,000
1270 W Town St, Columbus, OH 43222
Mixed-use property with business opportunity available for purchase.
Property Size1,800 SF
Price / SF$250
Days on Market199
Property Features for 1270 W Town St
General Information
Standard status
Active
Size
1,800 SF
Building Details
Year Built
1900
Listing Agency:
Signature Real Estate
Listed By:
Ibrahim B Al-Hejazin · License #2015005225
(614) 774-9523
Source:
Thelorilynngroup
Added: Mar 26
Changed: Oct 8
Last Checked: Oct 9 at 10:14PM
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 Signature Real Estate
Investment Insights
Based on property information with market context.
A mixed-use property is available for sale, presenting an opportunity to continue an established business. The sale includes inventory, coolers, and other equipment. The property is located on West Town Street in Columbus, Ohio. The building has a size of 1800 square feet.
Key Highlights
- Business and property for sale together.
- Includes inventory, coolers, and other equipment.
- Opportunity to continue existing business with customization.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,655
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,100
$413.1K
Cap Rate 7%
$295,071
$295.1K
Cap Rate 9%
$229,500
$229.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$36.7K $20.40/SF
− Vacancy
−$3.7K −$2.04/SF
EGI
$33.0K $18.36/SF
− OpEx
−$12.4K −$6.89/SF
NOI
$20.7K $11.48/SF
Area
Columbus, OH
Vacancy
10.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,100
Cap Rate 7%
$295,071
Cap Rate 9%
$229,500
Alternative Uses
Best Use
Mixed Use
$295.1K
$258.2K – $344.3K
NOI $20,655 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.1K
$328.2K – $437.7K
NOI $26,259 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Explore this area
Business Placement
Demographics for 43222, OH
4,124
Population
2,311
Households
1.8
Avg Household Size
34
Median Age
16%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
2,946
Density / Sq Mi
$36,440
Median Earnings
$752
Median Rent
$215,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with business opportunity available for purchase.
Where is this mixed-use property located?
The property is located at 1270 W Town St Columbus, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Business and property for sale together.; Includes inventory, coolers, and other equipment.; Opportunity to continue existing business with customization.
