Leased Office Building with Mixed-Use
17 E Kossuth Street Columbus, OH 43206
For Sale
$193,000
SINGLE_FAMILY - Columbus, OH
Property Size1,331 SF
Price / SF$145
Days on Market51
Property Features for 17 E Kossuth Street
General Information
Property type
Residential
Property subtype
Office
Standard status
Active
APN
010-199410
Size
1,331 SF
Taxes and HOA fees
Tax Year
2024
Utilities
Utilities
Water Available
Building Details
Year built
1984
Floors in Building
2
Listing Agency:
Red 1 Realty
(614) 585-9020
Listed By:
Monique Evans
(614) 956-6420
Added: Jun 9
Changed: Jul 27
Last Checked: Jul 29 at 2:06AM
MLS# 226020980
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property at 17 E Kossuth Street is a fully built-out office building currently leased to professional office tenants. It is presented as a turnkey, income-generating asset with the space already configured for office use.
The listing also notes an ownership strategy that includes a concurrent purchase with the adjacent building at 15 E Kossuth Street. Combined acquisition is described as an opportunity to connect the structures and create a more cohesive single-property footprint.
For buyers seeking an office asset with flexibility, the stated mixed-use residential zoning is a key consideration. It supports potential future directions for owner-occupants or long-term investors looking beyond a conventional office-only plan, while still benefiting from the building’s current, leased condition today.
The listing also notes an ownership strategy that includes a concurrent purchase with the adjacent building at 15 E Kossuth Street. Combined acquisition is described as an opportunity to connect the structures and create a more cohesive single-property footprint.
For buyers seeking an office asset with flexibility, the stated mixed-use residential zoning is a key consideration. It supports potential future directions for owner-occupants or long-term investors looking beyond a conventional office-only plan, while still benefiting from the building’s current, leased condition today.
Key Highlights
- Built in 1984 with existing office tenant occupancy
- Currently fully built out and leased to professional office tenants for immediate rental income
- Mixed‑use residential zoning offers multiple future use possibilities for owner‑occupants or investors
Financial Insights For Office B
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 | $26.4k | $19.80 |
| − Vacancy | −$5.9k | −$4.40 |
| EGI | $20.5k | $15.40 |
| − OpEx | −$5.1k | −$3.85 |
| NOI | $15.4k | $11.55 |
1,331 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$219.7K
$192.2K – $256.3K
NOI $15,377 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$277.4K
$242.7K – $323.6K
NOI $19,417 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Fully built out office property currently leased to professional tenants, with mixed-use residential zoning for future options.
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 $193,000.
What are key features of this property?
This property features: Built in 1984 with existing office tenant occupancy; Currently fully built out and leased to professional office tenants for immediate rental income; Mixed‑use residential zoning offers multiple future use possibilities for owner‑occupants or investors
