Storefront Retail on Major
For Sale
Contact for pricing
2383 W Broad St, Columbus, OH 43204
Single-dedicated lot featuring approximately 9,180 square feet of open retail space with street-front signage exposure.
Property Size9,180 SF
Price / SF$152.51
Days on Market608
Property Features for 2383 W Broad St
General Information
Standard status
Active
Size
9,180 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Greater Hilltop
Amenities
street-front signage
Listing Agency:
CBRE | Columbus
(614) 224-1492
Listed By:
Luke Streng · License #2007004532
(614) 781-5130
Source:
Moodyscre
Added: Feb 26, 2025
Changed: Oct 25
Last Checked: Oct 26 at 8:26PM
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 CBRE | Columbus
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Investment Insights
Based on property information with market context.
This storefront retail property offers approximately 9,180 square feet of open retail space suited to a variety of retail uses. The site includes a dedicated lot designed to provide straightforward customer access, along with prominent street-front signage for visibility.
Located on W Broad St, a major retail corridor with strong traffic counts, the property benefits from a dense residential base.
The layout is configured as largely open retail, making it practical for tenants seeking flexible floorplate options within a street-facing storefront setting.
Located on W Broad St, a major retail corridor with strong traffic counts, the property benefits from a dense residential base.
The layout is configured as largely open retail, making it practical for tenants seeking flexible floorplate options within a street-facing storefront setting.
Key Highlights
- Approx. 9,180 SF of open retail space for a variety of uses
- Located on W Broad St., a major retail corridor with strong traffic counts
- Dedicated lot with easy customer access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,836
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,116,720
$2.1M
Cap Rate 7%
$1,511,943
$1.5M
Cap Rate 9%
$1,175,956
$1.2M
Market Conditions
NOI Build-Up for 9,180 SF
Gross rent
$165.2K $18.00/SF
− Vacancy
−$14.0K −$1.53/SF
EGI
$151.2K $16.47/SF
− OpEx
−$45.4K −$4.94/SF
NOI
$105.8K $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%
$2,116,720
Cap Rate 7%
$1,511,943
Cap Rate 9%
$1,175,956
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,836 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,921 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 43204, OH
42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Retail space - Single-dedicated lot featuring approximately 9,180 square feet of open retail space with street-front signage exposure.
Where is this retail space located?
The property is located at 2383 W Broad St Columbus, OH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approx. 9,180 SF of open retail space for a variety of uses; Located on W Broad St., a major retail corridor with strong traffic counts; Dedicated lot with easy customer access
