Mixed-Use Property with Carriage
For Sale
$1,300,000
1349 E Broad Street, Columbus, OH 43205
Adaptable floor plans and a detached carriage house support several live-work arrangements.
Property Size9,247 SF
Price / SF$140.59
Days on Market80
Property Features for 1349 E Broad Street
General Information
Standard status
Active
Size
9,247 SF
Property subtype
Mixed Use
Site & Location
Neighborhood
Near East
Additional Details
Condition
Turnkey
Property Use
Office
Building Details
Year Built
1900
Buildings
2
Listing Agency:
OLOGY Realty
(614) 525-0688
Listed By:
Wayne Woods · License #2025002267
(614) 779-1830
Source:
Livewellhomegrp
Added: Aug 11
Changed: Oct 28
Last Checked: Oct 28 at 3:20PM
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 OLOGY Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this mixed-use property features flexible floor plans and front and rear staircases that support multiple live-work configurations. A finished basement provides storage, while the kitchen has been professionally designed and the bathrooms updated.
A detached, two-story carriage house offers potential for a three-car garage, office, or guest suite. Parking is available on the street and off-street for associates and clients. The property is located on East Broad Street in Columbus.
A detached, two-story carriage house offers potential for a three-car garage, office, or guest suite. Parking is available on the street and off-street for associates and clients. The property is located on East Broad Street in Columbus.
Key Highlights
- Built in 1900
- Detached two‑story carriage house with potential for a three‑car garage, office, or guest suite
- Front and rear staircases accommodate multiple live‑work configurations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,833
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,136,660
$2.1M
Cap Rate 7%
$1,526,186
$1.5M
Cap Rate 9%
$1,187,033
$1.2M
Market Conditions
NOI Build-Up for 9,247 SF
Gross rent
$183.1K $19.80/SF
− Vacancy
−$40.6K −$4.40/SF
EGI
$142.4K $15.40/SF
− OpEx
−$35.6K −$3.85/SF
NOI
$106.8K $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%
$2,136,660
Cap Rate 7%
$1,526,186
Cap Rate 9%
$1,187,033
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.78M
NOI $106,833 @ 7.0% cap · market cap 8.22%
Second Best
Mixed Use
$1.52M
$1.33M – $1.77M
NOI $106,109 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,898 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,450
Businesses Nearby
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Business Placement
Demographics for 43205, OH
12,044
Population
7,303
Households
1.6
Avg Household Size
35
Median Age
41%
College-Educated
89%
High-School Grad
2.4 sq mi
ZIP Area
5,018
Density / Sq Mi
$54,214
Median Household Income
$41,219
Median Earnings
$1,050
Median Rent
$290,800
Median Home Value
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Mixed-use property - Adaptable floor plans and a detached carriage house support several live-work arrangements.
Where is this mixed-use property located?
The property is located at 1349 E Broad Street Columbus, OH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Built in 1900; Detached two‑story carriage house with potential for a three‑car garage, office, or guest suite; Front and rear staircases accommodate multiple live‑work configurations
