Multi-Tenant Office
1386 East Main Street Columbus, OH 43205
1386 East Main Street, Columbus, OH, 43205
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For Sale
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A six-suite office building with 4,468 SF total offers flexible space for office, professional, or creative users.
Property Size4,468 SF
Price / SF$134.29
Days on Market57
Property Features for 1386 East Main Street
General Information
- Standard status
- Active
- Size
- 4,468 SF
- Property subtype
- Office
Listing agency
NAI Ohio Equities, LLC
(614) 629-5254
Listed by
John Mally · License #2013004679
Source
Crexi
Added: May 27 Updated: Jul 22 at 2:29PM Checked: Jul 22 at 2:29PM
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 NAI Ohio Equities, LLC
Investment Insights
Based on property information with market context.
1386 East Main Street is a multi-tenant office property totaling 4,468 SF, configured into six individual suites. The layout is designed for flexible occupancy, supporting a range of office, professional service, creative, or small business uses.
The property is located along East Main Street in Columbus, with access to the city’s urban corridor and connectivity that supports steady day-to-day exposure. It is described as being just minutes from Downtown Columbus.
For buyers seeking a mixed live-and-lease approach, the suite configuration allows an owner-user to occupy a portion of the building while renting the remaining suites to help offset expenses.
The property is located along East Main Street in Columbus, with access to the city’s urban corridor and connectivity that supports steady day-to-day exposure. It is described as being just minutes from Downtown Columbus.
For buyers seeking a mixed live-and-lease approach, the suite configuration allows an owner-user to occupy a portion of the building while renting the remaining suites to help offset expenses.
Key Highlights
- 4,468 SF multi‑tenant office building configured into six individual suites
- Flexible suite layout suitable for office, professional service, creative, or small business users
- Multi‑tenant setup can support an investor for rental income or an owner/user to offset expenses
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 | $88.5k | $19.80 |
| − Vacancy | −$19.6k | −$4.40 |
| EGI | $68.8k | $15.40 |
| − OpEx | −$17.2k | −$3.85 |
| NOI | $51.6k | $11.55 |
4,468 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$737.4K
$645.3K – $860.3K
NOI $51,620 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$931.2K
$814.8K – $1.09M
NOI $65,181 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Perennial Marketing
Advertising Agency
Urgent Dental Care ...
Dental Office
Lady J Tattoo ...
Tattoo & Piercing Shop
CONTACT | UNDRPTD Marketing
Construction Company
Bluxebeauty
Corporate Office
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FAQs
What type of property is this?
Office units - A six-suite office building with 4,468 SF total offers flexible space for office, professional, or creative users.
Where is this office units located?
The property is located at 1386 East Main Street Columbus, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,468 SF multi‑tenant office building configured into six individual suites; Flexible suite layout suitable for office, professional service, creative, or small business users; Multi‑tenant setup can support an investor for rental income or an owner/user to offset expenses
