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Retail/Industrial Space in Franklinton

1328 West Broad Street Columbus, OH

1328 West Broad Street, Columbus, OH, 00000
Contact for pricing
For Sale
Contact for pricing

2,981 SF retail/industrial space for sale or lease.

Property Size2,981 SF
Lot Size0.26 Acres
Price / SF$98.96
Days on Market292

Property Features for 1328 West Broad Street

General Information

Standard status
Active
Size
2,981 SF
Lot size
0.26 Acres
Property subtype
RETAIL

Properties For Sale

at 1328 West Broad Street Contact us
Listing agency Best Corporate Real Estate
Listed by Randy Best · License #311236
Source Moodyscre
Added: Oct 3, 2025 Updated: Jul 6 at 9:21AM Checked: Jul 21 at 5:12AM

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 Best Corporate Real Estate


Investment Insights

Based on property information with market context.

This property offers approximately 2,981 square feet of retail or industrial space, situated on approximately 0.2561 acres. It features a new roof, 3-phase power, and a 10-foot overhead door. There are 13 or more parking spaces available. The property is located in the Franklinton area and can be combined with the adjacent property at 1338 W Broad Street to create a total area of approximately 0.387 acres.

Key Highlights

  • Located in booming Franklinton
  • New Roof
  • 3‑Phase Power

Local Financial Insights For Industrial

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 $18.2k $6.12
− Vacancy −$1.4k −$0.47
EGI $16.8k $5.65
− OpEx −$5.1k −$1.69
NOI $11.8k $3.95
2,981 SF · lease $6.12/SF/yr · vacancy 7.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$491.0K
$429.6K – $572.8K (±1% cap)
NOI $34,368 @ 7.0% cap · market cap 11.65%
Second Best
Flex RnD
$423.2K
$370.3K – $493.7K (±1% cap)
NOI $29,623 @ 7.0% cap · market cap 10.04%
Theoretical Best
Office A
$621.3K
$543.6K – $724.8K (±1% cap)
NOI $43,488 @ 7.0% cap · market cap 14.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Hair Salon Spa & Massage Center Skin Care Clinic Barber Shop Nail Salon Bakery (Bike/Boat/Book/etc) Store Accounting Firm Acupuncture (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Retail space - 2,981 SF retail/industrial space for sale or lease.
Where is this retail space located?
The property is located at 1328 West Broad Street Columbus, OH.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Located in booming Franklinton; New Roof; 3‑Phase Power
Contact an agent
(614) 559-3350 Call to check price and availability
More about this property
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