Updated Office Condo in German
169 E Livingston Ave, Columbus, OH 43215
Well-maintained office condo with flexible configuration and recent updates.
Type:Office
Property size:
2,784 SFPrice / SF:
$202/SF- Added:
- Jan 27, 2026
- Days on Market:
- 114
- Last Refresh:
- Apr 5 at 11:39 pm
Property Features for 169 E Livingston Ave
General Information
- Standard status
- Active
- Size
- 2,784 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing agent Peter Merkle License #439173 (614) 629-5240
Listing office NAI Ohio Equities (614) 629-5240
Listing date Jan 27, 2026
Source Ohioequities
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
HighLights
- Prime location in historic German Village at the gateway to downtown Columbus, offering easy access to major transportation, amenities, and the Central Business District.
- Turn‑key, recently updated office condo (new flooring, paint, bathrooms, LED lighting, front windows, front door, and air conditioner) ready for immediate occupancy.
- Flexible configuration options across three levels (±2,784 SF) suitable for owner‑occupants or multi‑tenant use.
- Includes 4 dedicated parking spaces, a valuable asset in German Village.
- Proximity to the Franklin County Municipal Court House, making it ideal for legal professionals.
- Existing month‑to‑month tenant provides immediate income ($550 monthly).
Overview
Located in historic German Village, this office condo at 169 E Livingston Avenue offers a professional office opportunity at the gateway to downtown Columbus. The brick building, with approximately 2,784 square feet, features flexible configuration options across three levels, suitable for owner-occupants or investment. The property includes 4 dedicated parking spaces, with additional street parking available. Recent updates in 2017 include new flooring, paint, bathrooms, and LED lighting, plus a new front door, front windows, and air conditioner within the last year. The property is move-in ready. The layout includes private offices, common areas, a break room, a conference room and 2 restrooms. A single office on the upper level is currently leased to a month-to-month tenant for $550 per month. Situated at the southeast corner of E. Livingston Avenue and S. 4th Street, on the edge of Columbus's Central Business District, the location provides access to major transportation corridors including I-70, I-71, and U.S. Route 23. It is located near Nationwide Children's Hospital, Grant Medical Center, and Columbus State Community College, with walkable access to restaurants, shops, parks, the Brewery District, and downtown Columbus amenities. The property is part of the German Village Professional Center Condos, with a condo fee of $100 per month covering landscaping, snow removal, lot paving, and exterior lighting. The water bill is split with a neighboring property via a shared meter. It is located 2 blocks from the Franklin County Municipal Court House, making it suitable for legal professionals and other service providers.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$357.4K
NOI $32,164 @ 9.00% cap · cautious / downside scenario
Moderate
$459.5K
NOI $32,164 @ 7.00% cap · market / base-case scenario
Aggressive
$643.3K
NOI $32,164 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.1k | $19.80 |
| − Vacancy | −$12.2k | −$4.40 |
| EGI | $42.9k | $15.40 |
| − OpEx | −$10.7k | −$3.85 |
| NOI | $32.2k | $11.55 |
2,784 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$459.5K
$402.1K – $536.1K
NOI $32,164 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$580.2K
$507.7K – $676.9K
NOI $40,614 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Home Instead
Home Health Care Service
Revolution Realty
Real Estate Agency
Dawes Legal, LLC
Law Firm
Ditullio Mark
Law Firm
Colby Richard D
Law Firm
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9942
- Latitude
- 39.9524
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Well-maintained office condo with flexible configuration and recent updates.
Where is this office units located?
The property is located at 169 E Livingston Ave Columbus, OH.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Prime location in historic German Village at the gateway to downtown Columbus, offering easy access to major transportation, amenities, and the Central Business District.; Turn‑key, recently updated office condo (new flooring, paint, bathrooms, LED lighting, front windows, front door, and air conditioner) ready for immediate occupancy.; Flexible configuration options across three levels (±2,784 SF) suitable for owner‑occupants or multi‑tenant use.
