Two-Story Office
130 E Main Street New Albany New Albany, OH 43054
130 E Main Street New Albany, New Albany, OH, 43054
$1,249,000
For Sale
$1,249,000
Turnkey Class A office condominium with multiple private offices, conference room, open workspace, and two kitchenettes.
Property Size3,200 SF
Price / SF$390.31
Days on Market16
Property Features for 130 E Main Street New Albany
General Information
- Standard status
- Active
- Size
- 3,200 SF
Building Details
- Year Built
- 2006
Listing agency
(614) 660-5959
Listed by
Bernice Banquaio
(614) 660-5959
Source
Movenowohio
Added: Jul 7 Updated: Jul 21 at 2:57PM Checked: Jul 21 at 2:57PM
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.
Built in 2010, this two-story Class A office condominium is designed for a professional, turnkey move-in experience. The interior features 5+ private offices or suites plus a conference room, an open collaborative workspace, and extensive built-in storage and custom cabinetry. Two kitchenettes with stainless appliances support day-to-day workflow, along with three bathrooms total, including an executive full bath with shower and an ADA accessible first-floor restroom.
Located on E Main Street in New Albany, the property is described as part of the downtown corridor and is stated to be within walking distance to local restaurants, shops, and community amenities. The listing also notes easy access to major highways and the greater Columbus market.
The layout is intended to balance private offices with shared space, with upgrades noted including fresh designer paint, refinished hardwood flooring, and custom millwork throughout.
Located on E Main Street in New Albany, the property is described as part of the downtown corridor and is stated to be within walking distance to local restaurants, shops, and community amenities. The listing also notes easy access to major highways and the greater Columbus market.
The layout is intended to balance private offices with shared space, with upgrades noted including fresh designer paint, refinished hardwood flooring, and custom millwork throughout.
Key Highlights
- Class A two‑story office condominium built in 2006 with public water service
- Includes 5+ private offices/suites plus a conference room and an open collaborative workspace
- Two kitchenettes with stainless appliances, plus extensive built‑in storage and custom cabinetry
Local 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
NOI $39,398 @ 7.0% cap · market cap 3.15%
Second Best
Healthcare Medical
$452.4K
$395.9K – $527.9K
NOI $31,671 @ 7.0% cap · market cap 2.54%
Theoretical Best
Specialty Retail
$652.4K
$570.8K – $761.1K
NOI $45,667 @ 7.0% cap · market cap 3.66%
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
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FAQs
What type of property is this?
Office units - Turnkey Class A office condominium with multiple private offices, conference room, open workspace, and two kitchenettes.
Where is this office units located?
The property is located at 130 E Main Street New Albany New Albany, OH.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Class A two‑story office condominium built in 2006 with public water service; Includes 5+ private offices/suites plus a conference room and an open collaborative workspace; Two kitchenettes with stainless appliances, plus extensive built‑in storage and custom cabinetry
