Adaptable Flex Office
1805 Columbus Road Granville Granville, OH 43023
1805 Columbus Road Granville, Granville, OH, 43023
$509,900
For Sale
$509,900
Adaptable flex property with large, bright rooms, hardwood floors, and a decorative fireplace on over an acre of land.
Property Size2,844 SF
Price / SF$179.29
Days on Market17
Property Features for 1805 Columbus Road Granville
General Information
- Standard status
- Active
- Size
- 2,844 SF
Building Details
- Year Built
- 1938
Listing agency
(614) 660-5959
Listed by
Sinath Johnson
(614) 660-5959
Source
Movenowohio
Added: Jul 6 Updated: Jul 22 at 5:56AM Checked: Jul 22 at 5:56AM
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 Sinath Johnson
Investment Insights
Based on property information with market context.
This adaptable flex office property offers more than 2,500 SF of interior space configured with large rooms and large windows providing abundant natural light. Interior finishes include hardwood flooring and a decorative fireplace. The layout is described as suitable for a variety of business or mixed-use needs, including small business operations, workshops, or client-based services. The building is set up as two separate businesses, with utilities separated between A and B units.
The property is located in JEDD, the Joint Economic Overlay District, at 1805 Columbus Rd in Granville. It also includes ample space for parking and is described as having excellent road exposure.
Outside, the offering includes over an acre of land, supporting on-site parking and practical business operations alongside the existing two-unit configuration.
The property is located in JEDD, the Joint Economic Overlay District, at 1805 Columbus Rd in Granville. It also includes ample space for parking and is described as having excellent road exposure.
Outside, the offering includes over an acre of land, supporting on-site parking and practical business operations alongside the existing two-unit configuration.
Key Highlights
- Adaptable flex property with 2,844 SF total building area
- Over 1 acre of land (1.1 acres) for parking and business use
- Year built: 1938
Local 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 | $61.4k | $21.60 |
| − Vacancy | −$14.7k | −$5.18 |
| EGI | $46.7k | $16.42 |
| − OpEx | −$11.7k | −$4.10 |
| NOI | $35.0k | $12.31 |
2,844 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$2.28M
$2.00M – $2.66M
NOI $159,885 @ 7.0% cap · market cap 31.36%
Second Best
Office B
$500.2K
$437.7K – $583.6K
NOI $35,015 @ 7.0% cap · market cap 6.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bath & Biscuits
Pet Grooming Service
Love and Learning
High School
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Adaptable flex property with large, bright rooms, hardwood floors, and a decorative fireplace on over an acre of land.
Where is this office units located?
The property is located at 1805 Columbus Road Granville Granville, OH.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: Adaptable flex property with 2,844 SF total building area; Over 1 acre of land (1.1 acres) for parking and business use; Year built: 1938
