Downtown Columbus Retail
For Sale
Contact for pricing
147 N High Street, Columbus, OH 43215
Commercial condo with high ceilings, large windows, and parking access.
Property Size1,594 SF
Price / SF$0.02
Days on Market202
Property Features for 147 N High Street
General Information
Standard status
Active
Size
1,594 SF
Property subtype
Retail
Lease Term
NNN
Site & Location
Neighborhood
Wonderland
Building Details
Building Size
1,594 SF
Year Built
1900
Properties For Sale
at 147 N High Street
147 N High Street
Size
1,594 SF
Term
36 months
Listing Agency:
NAI | Ohio Equities
Listed By:
John Mally · License #2013004679
(614) 570-7804
Source:
Ohioequities
Added: Apr 9
Changed: Oct 25
Last Checked: Oct 26 at 2:47PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,594 square foot commercial condo in downtown Columbus offers an opportunity to be part of the Brunson Building association. The ground floor space features tall ceilings and expansive glass windows, creating an open-concept, creative atmosphere. The rear of the space includes a private area and direct access to the parking garage. It also includes two ADA-compliant restrooms and offers great signage opportunities. With rear access to garage parking and a high traffic volume of approximately 16,927 vehicles per day along North High Street, this commercial condo is suitable for businesses seeking a vibrant and accessible location.
Key Highlights
- High‑traffic location on North High Street with ±16,927 vehicles per day.
- Ground floor commercial condo in the Brunson Building association.
- Open‑concept space with tall ceilings and expansive glass windows.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,377
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,540
$367.5K
Cap Rate 7%
$262,529
$262.5K
Cap Rate 9%
$204,189
$204.2K
Market Conditions
NOI Build-Up for 1,594 SF
Gross rent
$28.7K $18.00/SF
− Vacancy
−$2.4K −$1.53/SF
EGI
$26.3K $16.47/SF
− OpEx
−$7.9K −$4.94/SF
NOI
$18.4K $11.53/SF
Area
Columbus, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,540
Cap Rate 7%
$262,529
Cap Rate 9%
$204,189
Alternative Uses
Best Use
Retail
$262.5K
$229.7K – $306.3K
NOI $18,377 @ 7.0% cap · market cap 73,508.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$332.2K
$290.7K – $387.6K
NOI $23,254 @ 7.0% cap · market cap 93,016.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Explore this area
Business Placement
Demographics for 43215, OH
20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Retail space - Commercial condo with high ceilings, large windows, and parking access.
Where is this retail space located?
The property is located at 147 N High Street Columbus, OH.
What are key features of this property?
This property features: High‑traffic location on North High Street with ±16,927 vehicles per day.; Ground floor commercial condo in the Brunson Building association.; Open‑concept space with tall ceilings and expansive glass windows.**
