Renovated Office Building with
1830 E BROAD ST Columbus, OH 43203
For Sale
Contact for pricing
Move-in-ready office building with private offices, conference rooms, and an attached two-car garage.
Property Size2,880 SF
Price / SF$225.69
Days on Market105
Property Features for 1830 E BROAD ST
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Office
Building Details
- Year Built
- 1966
Listing Agency:
Verti Commercial Real Estate
(202) 510-2689
Listed By:
Matthew E. Drane · License #SAL.2020000914
Source:
Crexi
Added: Apr 14
Changed: Jul 23
Last Checked: Jul 24 at 4:15PM
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 Verti Commercial Real Estate
Investment Insights
Based on property information with market context.
Originally built in 1966, this single-tenant office building has undergone comprehensive interior and exterior renovations in 2023–2024. The move-in-ready layout includes 2 conference rooms and 10 private offices, with an attached 2-car garage for added convenience.
Located on E. Broad Street, the property provides high-visibility frontage and an opportunity for signage. It also sits directly across from Franklin Park Conservatory, with access to COTA bus lines to support staff and client travel.
The building is positioned within a federal Opportunity Zone, and qualified investors may benefit from capital gains tax advantages. This turnkey asset is ready for immediate occupancy or lease-up.
Located on E. Broad Street, the property provides high-visibility frontage and an opportunity for signage. It also sits directly across from Franklin Park Conservatory, with access to COTA bus lines to support staff and client travel.
The building is positioned within a federal Opportunity Zone, and qualified investors may benefit from capital gains tax advantages. This turnkey asset is ready for immediate occupancy or lease-up.
Key Highlights
- 1966‑built, fully renovated 2,880 SF single‑tenant office with comprehensive interior and exterior renovations in 2023–2024
- Move‑in‑ready layout includes 2 conference rooms and 10 private offices
- Attached 2‑car garage
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 | $57.0k | $19.80 |
| − Vacancy | −$12.7k | −$4.40 |
| EGI | $44.4k | $15.40 |
| − OpEx | −$11.1k | −$3.85 |
| NOI | $33.3k | $11.55 |
2,880 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$475.3K
$415.9K – $554.6K
NOI $33,274 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$600.2K
$525.2K – $700.2K
NOI $42,014 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Huber Equity Group
Financial Advisor
Allen Tucker Md
Medical Clinic
FAQs
What type of property is this?
Office building - Move-in-ready office building with private offices, conference rooms, and an attached two-car garage.
Where is this office building located?
The property is located at 1830 E BROAD ST Columbus, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1966‑built, fully renovated 2,880 SF single‑tenant office with comprehensive interior and exterior renovations in 2023–2024; Move‑in‑ready layout includes 2 conference rooms and 10 private offices; Attached 2‑car garage
