Downtown Retail Condo
147 N High St Columbus, OH 43215
For Sale
Contact for pricing
First-floor storefront retail space with an open creative layout, back privacy, and rear garage parking access.
Property Size1,594 SF
Price / SF$241.53
Days on Market468
Property Features for 147 N High St
General Information
Standard status
Active
Size
1,594 SF
Property subtype
RETAIL
Listing Agency:
NAI Ohio Equities
(614) 570-7804
Listed By:
John Mally · License #2013004679
(614) 570-7804
Source:
Moodyscre
Added: Apr 16, 2025
Changed: Jul 25
Last Checked: Jul 26 at 11:20AM
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
Investment Insights
Based on property information with market context.
This commercial condo unit at the Brunson Building offers a first-floor storefront retail space totaling approximately 1,595 square feet. The interior features an open floor plan with creative, open space toward the front and additional privacy in the back, supported by one ADA restroom. Large double glass storefront glazing faces High Street.
The unit includes rear access to a parking space in the building garage. The storefront is positioned along North High Street with stated high traffic volume of approximately 16,927 vehicles per day.
Ideal for users seeking a street-facing retail presence with an open interior layout and separate back area, this condo storefront also provides ADA accessibility and on-site rear parking access via the garage.
The unit includes rear access to a parking space in the building garage. The storefront is positioned along North High Street with stated high traffic volume of approximately 16,927 vehicles per day.
Ideal for users seeking a street-facing retail presence with an open interior layout and separate back area, this condo storefront also provides ADA accessibility and on-site rear parking access via the garage.
Key Highlights
- 1,595 SF first‑floor storefront retail space in the Brunson Building in downtown Columbus
- Open creative layout with large double glass storefronts facing North High St
- Rear access to a parking space in the garage
Financial Insights For Retail
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 | $28.7k | $18.00 |
| − Vacancy | −$2.4k | −$1.53 |
| EGI | $26.3k | $16.47 |
| − OpEx | −$7.9k | −$4.94 |
| NOI | $18.4k | $11.53 |
1,594 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$262.5K
$229.7K – $306.3K
NOI $18,377 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$332.2K
$290.7K – $387.6K
NOI $23,254 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Rees Flowers & Fine Gifts — 249 Lincoln Cir, Gahanna, OH 43230
- Rees Flowers & Gifts, Inc. — 249 lincoln cir, gahanna, oh 43230
- Kroger Floral — Gahanna, OH 43230
Frequently Asked Questions
What type of property is this?
Storefront property - First-floor storefront retail space with an open creative layout, back privacy, and rear garage parking access.
Where is this storefront property located?
The property is located at 147 N High St Columbus, OH.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,595 SF first‑floor storefront retail space in the Brunson Building in downtown Columbus; Open creative layout with large double glass storefronts facing North High St; Rear access to a parking space in the garage
