Mixed-Use Building with
1555 N 4th Street Columbus Columbus, OH 43201
1555 N 4th Street Columbus, Columbus, OH, 43201
$1,700,000
For Sale
$1,700,000
Fully occupied mixed-use building offers 3 commercial units and 6 residential units.
Property Size15,508 SF
Price / SF$109.62
Days on Market17
Property Features for 1555 N 4th Street Columbus
General Information
- Standard status
- Active
- Size
- 15,508 SF
Building Details
- Year Built
- 1920
Listing agency
(614) 660-5959
Listed by
John Stomps
(614) 660-5959
Source
Movenowohio
Added: Jul 5 Updated: Jul 20 at 10:13PM Checked: Jul 21 at 3:16AM
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 John Stomps
Investment Insights
Based on property information with market context.
This mixed-use building includes 3 commercial units and 6 residential units and is currently fully occupied. The building is submetered, which supports separate measurement for the units.
The property is located in Columbus, Ohio’s University District. The entire building is tax abated through 2029.
For sale as an income-producing, submetered mixed-use asset with both commercial and residential components already in place.
The property is located in Columbus, Ohio’s University District. The entire building is tax abated through 2029.
For sale as an income-producing, submetered mixed-use asset with both commercial and residential components already in place.
Key Highlights
- Fully occupied mixed‑use building with 3 commercial units and 6 residential units
- Located in the University District of Columbus, Ohio
- Entire building is submetered and tax abated through 2029
Local Financial Insights For Apartment 5plus
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 | $206.6k | $13.32 |
| − Vacancy | −$13.4k | −$0.87 |
| EGI | $193.1k | $12.45 |
| − OpEx | −$86.9k | −$5.60 |
| NOI | $106.2k | $6.85 |
15,508 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Retail
$2.55M
$2.23M – $2.98M
NOI $178,792 @ 7.0% cap · market cap 10.52%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,227 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,236 @ 7.0% cap · market cap 13.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Viral Columbus Selfie ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully occupied mixed-use building offers 3 commercial units and 6 residential units.
Where is this apartment building located?
The property is located at 1555 N 4th Street Columbus Columbus, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Fully occupied mixed‑use building with 3 commercial units and 6 residential units; Located in the University District of Columbus, Ohio; Entire building is submetered and tax abated through 2029
