Live-Work Space with Rubber
For Sale
Contact for pricing
857 S High St, Columbus, OH 43206
Rubber roof replaced in 2023 and brand-new hardwood floors in this live-work space with upstairs living potential.
Property Size1,830 SF
Price / SF$314.21
Days on Market1101
Property Features for 857 S High St
General Information
Standard status
Active
Size
1,830 SF
Property subtype
OFFICE
Site & Location
Neighborhood
German Village
Building Details
Year Renovated
2023
Listing Agency:
SVN Wilson Commercial
(614) 944-5140
Listed By:
Beth Long · License ##2004021322
(614) 256-4033
Source:
Moodyscre
Added: Oct 27, 2023
Changed: Oct 26
Last Checked: Oct 30 at 4:28PM
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 SVN Wilson Commercial
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Investment Insights
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A versatile live-work space designed to support a wide range of business uses, with the option to incorporate comfortable living space upstairs. The property’s C-4 approved uses provide flexibility for different operating concepts, including office-style and creative or professional work.
Inside, brand-new hardwood floors and freshly painted walls create a clean, modern environment ready for a business’s personal updates. In 2023, the building received an updated rubber roof designed for weather resistance and long-term durability.
With a total size of 1,830 SF at 857 S High St in Columbus, this property can be considered for businesses looking for a combined work-and-living setup while retaining the ability to operate as a dedicated commercial space.
Inside, brand-new hardwood floors and freshly painted walls create a clean, modern environment ready for a business’s personal updates. In 2023, the building received an updated rubber roof designed for weather resistance and long-term durability.
With a total size of 1,830 SF at 857 S High St in Columbus, this property can be considered for businesses looking for a combined work-and-living setup while retaining the ability to operate as a dedicated commercial space.
Key Highlights
- 1,830 SF live‑work space at 857 S High St
- Upstairs living space potential for a live‑work setup
- C‑4 approved uses for flexible business operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,143
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,860
$422.9K
Cap Rate 7%
$302,043
$302.0K
Cap Rate 9%
$234,922
$234.9K
Market Conditions
NOI Build-Up for 1,830 SF
Gross rent
$36.2K $19.80/SF
− Vacancy
−$8.0K −$4.40/SF
EGI
$28.2K $15.40/SF
− OpEx
−$7.0K −$3.85/SF
NOI
$21.1K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,860
Cap Rate 7%
$302,043
Cap Rate 9%
$234,922
Alternative Uses
Best Use
Office B
$302.0K
$264.3K – $352.4K
NOI $21,143 @ 7.0% cap · market cap 3.68%
Second Best
Mixed Use
$300.0K
$262.5K – $350.0K
NOI $20,999 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$381.4K
$333.7K – $445.0K
NOI $26,697 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,273
Businesses Nearby
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Business Placement
Demographics for 43206, OH
21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Live-work space - Rubber roof replaced in 2023 and brand-new hardwood floors in this live-work space with upstairs living potential.
Where is this live-work space located?
The property is located at 857 S High St Columbus, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,830 SF live‑work space at 857 S High St; Upstairs living space potential for a live‑work setup; C‑4 approved uses for flexible business operations
