Office Building with Mixed-Use
For Sale
$175,000
17 E Kossuth Street, Columbus, OH 43206
Professional office tenants currently occupy the property, with residential use also supported by its zoning.
Property Size1,331 SF
Price / SF$131.48
Days on Market144
Property Features for 17 E Kossuth Street
General Information
Standard status
Active
Size
1,331 SF
Property subtype
Office
Site & Location
Neighborhood
German Village
Additional Details
Condition
Built-Out
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$3,440
Building Details
Building Size
1,331 SF
Year Built
1984
Buildings
1
Tenancy
Multi
Listing Agency:
Red 1 Realty
Listed By:
Monique Evans
(614) 956-6420
Source:
Ologyrealty
Added: Jun 10
Changed: Oct 31
Last Checked: Oct 30 at 2:16AM
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 Red 1 Realty
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Investment Insights
Based on property information with market context.
This 1,331-square-foot office building, constructed in 1984, is occupied by professional office tenants. Its zoning allows mixed-use residential use in addition to its current office configuration.
The property is at 17 E Kossuth Street in Columbus’s German Village. It is being offered alongside the adjacent building at 15 E Kossuth Street; the structures may be connected to create a larger combined footprint.
The property is at 17 E Kossuth Street in Columbus’s German Village. It is being offered alongside the adjacent building at 15 E Kossuth Street; the structures may be connected to create a larger combined footprint.
Key Highlights
- 1,331‑square‑foot office building
- Currently occupied by professional office tenants
- Mixed‑use residential zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,377
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,540
$307.5K
Cap Rate 7%
$219,671
$219.7K
Cap Rate 9%
$170,856
$170.9K
Market Conditions
NOI Build-Up for 1,331 SF
Gross rent
$26.4K $19.80/SF
− Vacancy
−$5.9K −$4.40/SF
EGI
$20.5K $15.40/SF
− OpEx
−$5.1K −$3.85/SF
NOI
$15.4K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,540
Cap Rate 7%
$219,671
Cap Rate 9%
$170,856
Alternative Uses
Best Use
Office B
$219.7K
$192.2K – $256.3K
NOI $15,377 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$277.4K
$242.7K – $323.6K
NOI $19,417 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,822
Businesses Nearby
Explore this area
Business Placement
Demographics for 43206, OH
21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office building - Professional office tenants currently occupy the property, with residential use also supported by its zoning.
Where is this office building located?
The property is located at 17 E Kossuth Street Columbus, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,331‑square‑foot office building; Currently occupied by professional office tenants; Mixed‑use residential zoning
