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130 E Main Street #G, New Albany, OH, 43054
Turnkey Two-Story Office Condominium

130 E Main Street #G New Albany, OH 43054

For Sale
Contact for pricing

Built in 2010 with upgraded finishes, a light-filled reception, multiple private offices, and kitchenettes across two levels.

Property Size3,200 SF
Price / SF$405.94
Days on Market80

Property Features for 130 E Main Street #G

General Information

Standard status
Active
Size
3,200 SF
Property subtype
Mixed Use

Building Details

Year Built
2006
Listing Agency: Home Rounds Realty
Listed By: Tonya Marie Swartz · License #2020005943
Source: Crexi
Added: May 6 Changed: Jul 23 Last Checked: Jul 23 at 5:37AM

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 Home Rounds Realty


Investment Insights

Based on property information with market context.

Built in 2010, this turnkey two-story office condominium offers an upgraded, professional setting with fresh designer paint, refinished hardwood flooring, and custom millwork throughout. A light-filled reception and waiting area with expansive storefront windows set the tone, followed by a functional first level featuring a large private executive office, an open common area suitable for bullpen or collaborative work, and an expansive conference suite. The suite also includes extensive built-in cabinetry and document storage, a full kitchenette with stainless steel appliances, an ADA-compliant first-floor restroom, multiple storage closets, and additional under-stair storage.

A dramatic staircase with glass panel architectural accents leads to the second level, where four private office suites provide additional privacy and workspace. The second floor also includes a kitchenette with a stainless steel appliance package, a convenient half bath, and a utility/storage closet with a mop sink. Completing the layout is a spacious owner’s/executive suite with a private full bath and shower.

Located at 130 E Main Street #G in New Albany, the property is positioned in the heart of New Albany’s downtown corridor, within walking distance to downtown New Albany.

Key Highlights

  • Class A two‑story office condominium with upgraded finishes, built in 2010
  • Light‑filled reception and waiting area with expansive storefront windows
  • First level includes a private executive office, open common/bullpen area, and an expansive conference suite

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 $69.1k $21.60
− Vacancy −$16.6k −$5.18
EGI $52.5k $16.42
− OpEx −$13.1k −$4.10
NOI $39.4k $12.31
3,200 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$562.8K
$492.5K – $656.6K (±1% cap)
NOI $39,398 @ 7.0% cap · market cap 3.03%
Second Best
Healthcare Medical
$452.4K
$395.9K – $527.9K (±1% cap)
NOI $31,671 @ 7.0% cap · market cap 2.44%
Theoretical Best
Specialty Retail
$652.4K
$570.8K – $761.1K (±1% cap)
NOI $45,667 @ 7.0% cap · market cap 3.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Alloy Employer Services Employment Agency Berkshire Hathaway HomeServices ... Real Estate Agency Franklin Research Group ... Financial Advisor The Acors Team Columbus ... Real Estate Agency

Suggested Use

Building Supply Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Furniture & Home Goods Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Built in 2010 with upgraded finishes, a light-filled reception, multiple private offices, and kitchenettes across two levels.
Where is this office units located?
The property is located at 130 E Main Street #G New Albany, OH.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Class A two‑story office condominium with upgraded finishes, built in 2010; Light‑filled reception and waiting area with expansive storefront windows; First level includes a private executive office, open common/bullpen area, and an expansive conference suite
(614) 571-8336 Call to check price and availability
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